Topic
creditor protection
2 stories related to this topic, newest first.
finance1 day ago
Arctic Canadian Diamond Company Seeks Creditor Protection After 74% Price Drop
The operator of Canada's Ekati Diamond Mine sought court protection this week after diamond prices fell 74 percent, threatening operations and hundreds of jobs. The company received $175 million in federal loans last year but faces $655 million in total debts. The filing highligh…
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Substrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)world28 days ago
Oncoclinicas Considers Emergency Creditor Protection Amid Financial Pressures
Brazilian oncology provider Oncoclinicas is evaluating a request for emergency protection from creditors due to mounting financial challenges, sources told @business. The company operates a network of cancer treatment centers across Latin America. This move would aim to restructu…
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