CHCH restructuring raises questions about under-capitalized companies – Canadian Lawyer Magazine

Insolvency rules are not to blame for the CHCH TV restructuring case that has left former employees of the broadcaster without severance pay, according to a Toronto lawyer who says it is instead corporate law policies that should be reviewed in light of that situation. As Canadian Lawyer InHouse reported in December, Channel Zero Inc., the…

The best possible response to the Great Recession would have been to do nothing – Business Insider

Flickr/MorganDoing nothing Dodd-Frank was really meant to prevent bond traders from earning a million dollars. It has been successful, but as an unintended consequence, it has reduced liquidity. Now the SEC is regulating mutual funds even more to address the liquidity problems. If the regulations work, they are declared a success and they write more…

Bulgarian banker Vassilev seeking Serbian citizenship to avoid extradition report – The Sofia Globe

Share this: The former majority shareholder in Bulgarias insolvent Corporate Commercial Bank (CCB), Tsvetan Vassilev, has filed an application to receive Serbian citizenship, public broadcaster Bulgarian National Television (BNT) said on March 16. The report, which came on the day that Vassilev faced a court hearing in Belgrade on the request to extradite him to…