Ann Taylor owner files for Chapter 11 bankruptcy
NEW YORK, NY – MAY 18: People pass the window display of an Ann Taylor women’s clothing store in Manhattan on May 18, 2015 in New York City. Ascena Retail…
$300-M infusion saves PAL from bankruptcy for now
Taipan Lucio Tan has pumped into Philippine Airlines (PAL) some $300 million (P15.2 billion) in capital, saving the airline from immediate bankruptcy while it waits for emergency loans that will…
Thai Airways faces privatization if it declares bankruptcy
The Nation/Asia News Network BANGKOK — It is expected that Thailand’s Cabinet will give the go-ahead to the rehabilitation of Thai Airways International (THAI) as per the Bankruptcy Court’s procedure…