Is Bankruptcy Such A Horrible Concept For Chicago?

Is bankruptcy such a dreadful concept for Chicago? Few words get the interest of political leaders, bankers, investors and workers like bankruptcy does. When unimaginable, the idea of Chicago filing for bankruptcy is becoming less far-fetched as the city looks down the barrel of $25 billion in pension responsibilities that it cant satisfy. The topic…

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Brazil Judge Grants 180-day Stay For Oi In Record Bankruptcy Case

SAO PAULO Shares of Brazilian telecom company Oi SA recuperated on Wednesday after a judge weighing the countrys biggest-ever bankruptcy filing gave a 180-day stay of more legal actions while he considered the benefits of the case.Oi likewise got a ruling in the United States where a tribunal approved its request for Chapter 15 bankruptcy…

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