NEW YORK, July 22 - A U.S. judge ordered Argentina and investors who did not participate in the country's past debt restructurings to meet "continuously" with a court-appointed mediator until a settlement is reached, warning of the threat of a new default.
July 22 - Detroit will head into the critical phase of its historic bankruptcy case next month with the backing of an overwhelming majority of its active and retired workers and with opposition from a small, hard-core group of hold-out creditors.
NEW YORK, July 22 - A federal appeals court ordered Travelers Cos Inc to pay more than $500 million to thousands of asbestos victims in a case stemming from the insurer's coverage of Johns-Manville Corp, an insulation maker that spent six years in bankruptcy during the 1980s.
July 22 - A U.S. judge overseeing Argentina's debt restructuring case on Tuesday ordered negotiators for the country and holdout investors to meet with a court-appointed mediator until a settlement is reached, as time runs short before a potential default.
(Corrects to show that ESI is holding company of family not of the bank)
NEW YORK, July 22 - A federal appeals court on Tuesday said Travelers Cos should pay more than $500 million to satisfy asbestos-related claims stemming from its coverage of policyholder Johns-Manville Corp, reversing a lower court ruling.
July 22 - * U.S. appeals court reinstates order directing Travelers cos to pay
NEW YORK, July 22 - A leading holdout investor in Argentina's debt battle said Tuesday that the country still has no interest in negotiations, just hours before a hearing on previous orders requiring the country pay holdout bondholders.
July 22 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
- M&A: JPMorgan nears sale of half its private equity business -WSJ
- IPOs: J.P. Morgan says not boosting weighting of Colombia's peso debt
- Private Capital: Deals of the day- Mergers and acquisitions
- Hedge Funds: U.S. panel says Barclays, Deutsche Bank helped funds avoid taxes
- Regulatory News: UPDATE 1-Safety violations at McDonald's, Yum China supplier company-led - regulator
Free Deals Newsletter
Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.
Illum Quam Illo Aliqua Laboriosam Illum Odit. Incididunt Ut Culpa Explicabo Eiusmod Duis. Sequi Culpa Consequuntur Dolores Porro.