Tags: Bankruptcy
Cache Inc may file for bankruptcy as soon as next week: Bloomberg
Cache Inc (CACH.O) is poised to become the latest U.S. apparel retailer to file for bankruptcy, Bloomberg reported, citing people familiar with the matter.
Petrobras deadline prompts some bondholders to push for default
Petrobras, Brazil's state-run oil company, could be declared in technical default on some of its foreign debt as early as Tuesday if bondholders pursue efforts to force it to speed up its assessment of losses in a giant corruption scandal.
Ukraine's parliament backs import tax rises amid budget crisis
Ukraine's parliament gave preliminary approval on Thursday to a law that would simplify tax legislation and impose additional duties on imports, in an effort to raise revenue amid economic crisis.
Creditor to oppose San Bernardino bankruptcy plan favoring Calpers - source
A major capital markets creditor of bankrupt San Bernardino, California, will oppose any exit plan that is more favorable to Calpers, California's public pension fund, a source familiar with the creditor's strategy said on Thursday.