Efforts underway to avert bankruptcy of CAO
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A senior executive of the parent company of the financially troubled China Aviation Oil (CAO) in Singapore said efforts were underway to avert the CAO bankruptcy and reduce losses of shareholders and creditors.
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By Laura Figueroa, The Miami Herald  Feb. 18--Members of the Miami Lakes Town Council were back to a familiar discussion point at Tuesday night's council meeting: the fight to eliminate the county mitigation fee.
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New reforms aim to avert another Rock-style crisis as consumers and firms face worsening of credit supply
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The CSA steps up efforts to recover some of the Â£3.5bn it is owed, as it nears the end of its troubled history.
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Business & money: Bank could step in to tackle fresh inflation fears.
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The casino arm of tycoon Donald Trumpâs business empire has filed for bankruptcy protection in the face of tough competition. The move will allow the hard-nosed businessman to restructure the business and its debts.
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Scandal-hit fuel firm China Aviation is hoping a partial payback of massive loans will help it avoid bankruptcy.
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The chief of Beijing-backed China Aviation Oil&#39;s (CAO) Singapore unit has agreed to return to Singapore this week to face investigators in the city-state&#39;s biggest financial scandal since the 1995 fall of Barings Bank, company
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Encysive restructures to reduce its cash burn.
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San Diego faces the possibility of a bankruptcy filing because of a shortfall in its pension fund, but the practice is commonplace among other cities.
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The Roman Catholic Diocese of San Diego said Tuesday that it planned to file for bankruptcy protection to put off going to trial in more than 140 lawsuits alleging sexual abuse by priests.
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By Kevin Howe, The Monterey County Herald, Calif.  Feb.
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InfoWorld - With its cash reserves running out, the SCO Group Inc. has filed for bankruptcy protection.
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. said it will seek Chapter 11 bankruptcy protection as part of an agreement with bondholders to reduce debt by $400 million.
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By Erin Sherbert, Contra Costa Times, Walnut Creek, Calif. Feb. 24--Far East County residents appear to want better fire protection services, but whether they are willing to pay for it is questionable, fire officials said.
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China Aviation Oil or CAO has appealed to China National Petroleum Corporation or CNPC to prevent the aviation oil supply shortage in the 100 airports it serves.
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The Roman Catholic Diocese of Tucson today filed for Chapter 11 bankruptcy reorganization in an attempt to protect its assets from judgments and settlements stemming from alleged sexual misconduct by some of its priests.