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Foreign Creditors Face Bankruptcy Amid China Slowdown

May 18, 2015 12:42 PM EDT

China's economy is witnessing a major slowdown and Beijing is becoming more and more relaxed about the companies to witness total failure. A large number of oversees bond holders are facing a problem due to the country's inconsistent court system.

Stockton's Bankruptcy Case has yet to be Decided

Staff Reporter |

Oct 02, 2014 07:10 PM EDT

The final decision for Stockton, California's bankruptcy case has been left uncertain on Wednesday as the final ruling was moved to the end of October, in accordance with the order of the judge presiding over the case. Christopher Klein, a judge for U.S. Bankruptcy, also stated that he is not in the position to make any decision as of the moment.