Tag: bankruptcy protection

• Saturday, March 23rd 2019 - 08:54 UTC

  Brazilian agri-business group files for bankruptcy protection: US$ 127m debt

  

  Privately owned Brazilian agribusiness group Itaquere has filed for bankruptcy protection to restructure 482 million reais (US$ 127 million) of debt, according to a letter from management reported in the media.

• Wednesday, June 28th 2017 - 18:49 UTC

  Takata to continue manufacturing airbags in Uruguay despite bankruptcy

  

  The Uruguayan plant of the Japanese airbag manufacturer Takata, which has filed for bankruptcy protection in the United States and Japan, will continue to operate normally, Takata Uruguay plant manager José Enrique Alonso explained.

• Thursday, February 2nd 2012 - 05:31 UTC

  American Airlines presents union plan to cut costs and 13.000 layoffs

  

  American Airlines said on Wednesday it needed to cut costs by 20% to stay afloat, as it met with union representatives to detail a plan for layoffs that reports said would total 13,000 workers.