bankruptcy

Sticking with American Airlines in Oneworld could be a stop-gap move for Japan Airlines while it seeks financial stability.

Japan AirlinesÆ slide into bankruptcy may be one of the countryÆs worst kept secrets, but it affirms the DPJÆs pro-free market stance.

A Lehman ruling creates a discrepancy in enforceability between US and non-US bankruptcy courts.

Michel Lowy is likely to set up his own business after resigning as head of Deutsche Bank's distressed debt team in Asia.

Law firm Milbank warns that creditors must prepare for a massive wave of company debt workouts.

Bondholders are unhappy with the offer, while the chairman stresses that it is the only way to prevent liquidation.

In this Op-Ed piece, Professor Ed Altman advocates bankruptcy protection for GM and Chrysler û but with continued government assistance.

Professor Ed Altman, one of the world's leading experts on distressed debt and credit risk analysis, warns that buyers should wait until corporate bond defaults peak in late 2009 or even in 2010.

The chance of finding a buyer for the firm's Asian business appears slim after Barclays grabs the US operations and competitors start to woo key staff and clients in the region.