Bankruptcy News:

UIQ 'files for bankruptcy' in Sweden (The Register)
First tech casualty of 2009? UIQ has finally thrown in the towel and reportedly applied for bankruptcy in the Swedish courts.…


Mobile-software company UIQ files for bankruptcy (Silicon.com)
The mobile-software company UIQ has filed for bankruptcy, following the decision by its last remaining customer to stop using its platform. Motorola and Sony Ericsson, the joint owners of UIQ via a Dutch holding company, decided at a board meeting on 29 December to pull the plug on the company. The UIQ platform is being integrated, along with Series 60, into the Symbian Foundation's ...


(AFX UK Focus) 2009-01-05 10:57 Lyondell bonds at rock bottom on bankruptcy fears (Interactive Investor)
LONDON/AMSTERDAM, Jan 5 (Reuters) - Bonds of petrochemical company LyondellBasell, which is saddled with $26 billion in debt, remained at just 4 percent of face value on Monday after a Jan. 4 deadline to renegotiate the terms of its debt passed. Privately held LyondellBasell said last week it was considering chapter 11 bankruptcy protection in the U.S., but a Netherlands-based spokesman for the ...


UIQ files for bankruptcy (All About Symbian)
Following a board meeting on 29th December the board of UIQ Technology resolved to file for bankruptcy. This follows on from the news, in early November, that staff had been put on notice and a temporary transition period was being funded by Sony Ericsson.


Symbian Developer, UIQ Files for Bankruptcy (Cellular-News.com)
It is being reported that the Symbian software developer, UIQ - which is jointly owned by Sony Ericsson and Motorola - has filed for bankruptcy in a district court in Sweden.


(AFX UK Focus) 2009-01-05 09:28 Software firm UIQ files for bankruptcy (Interactive Investor)
STOCKHOLM, Jan 5 (Reuters) - Software company UIQ, jointly owned by Sony Ericsson and Motorola, has filed for bankruptcy in a district court in Sweden, the company's top executive said on Monday. The software developer, which is based in Sweden, began cutting staff six months ago after its owners decided to merge its software with the Symbian platform. World number one mobile handset maker Nokia ...


(AFX UK Focus) 2009-01-05 03:44 UPDATE 2-Mall owner General Growth switches bankruptcy counsel (Interactive Investor)
NEW YORK, Jan 4 (Reuters) - U.S. mall owner General Growth Properties Inc has switched bankruptcy counsel to Weil, Gotshal & Manges, parting with Sidley Austin LLP, a representative of General Growth told Reuters late Sunday. General Growth is also hiring another law firm - Kirkland & Ellis - as bankruptcy counsel for some of it subsidiaries, another source familiar with the matter told Reuters. ...


(AFX UK Focus) 2009-01-05 03:20 UPDATE 1-General Growth switches bankruptcy counsel-WSJ (Interactive Investor)
NEW YORK, Jan 4 (Reuters) - U.S. mall owner General Growth Properties Inc has switched bankruptcy counsel to Weil, Gotshal & Manges, parting with Sidley Austin LLP, the Wall Street Journal said, citing people familiar with the matter. General Growth is also hiring another law firm - Kirkland & Ellis - as bankruptcy counsel for some of it subsidiaries, a source familiar with the matter told ...


Robert McCrum: Here's to the future of the book (Guardian Unlimited)
Are the print media facing the end of the world? The current issue of the New Yorker has a piece by the always perceptive James Surowiecki exploring the crisis facing the American press, which should be read by anyone reflecting seriously on the future of the book. Surowiecki quotes Sam Zell, the current owner of the Tribune Company – who recently filed for bankruptcy – to the effect that ...


Solicitor is jailed after £30k theft (Express and Star)
A lowly-paid solicitor described as “a pillar of society” has been jailed for 18 months for stealing £30,000 from his Black Country employers in order to settle an Inland Revenue bill and stave off bankruptcy.









Privacy Policy - Terms Of Usage