bankruptcy protection
Foreign Creditors Face Bankruptcy Amid China Slowdown
| Aishwarya Bhatt | | 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.
SkyMall Seeks Bankruptcy Protection
| Raymond Legaspi | | Jan 26, 2015 10:37 AM EST |
Struggling in-flight seller SkyMall has filed for bankruptcy protection, after sales plummeted due to competition for passengers' attention from tablets and mobiles that are now allowed to be turned on before and during a flight.
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