Business Law Currents - The Legal Lens on Business News http://currents.westlawbusiness.com/BrowseByTopic.aspx?pageName=Ban (c) 2013 Thomson Reuters. All rights reserved. en-us Mon, 20 May 2013 07:11:11 EDT Mon, 20 May 2013 07:11:11 EDT BusinessLaw-Currents@Thomsonreuters.com (Westlaw Business Currents Editorial Staff) Goldman Sachs launched on Monday the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, offering to sell its entire remaining stake in the world's biggest bank by market value...http://currents.westlawbusiness.com//Article.aspx?id=41f42454-8d92-44a2-a10f-6a68d18a8ac6&src=RSSMon, 20 May 2013 06:43:06 EDThttp://currents.westlawbusiness.com//Article.aspx?id=41f42454-8d92-44a2-a10f-6a68d18a8ac6&src=RSS Bus and rail operator FirstGroup said it hoped to raise 615 million pounds ($934 million) through a rights issue to cut its 2 billion pounds debt as full-year profit collapsed...http://currents.westlawbusiness.com//Article.aspx?id=9f549a01-ea6d-45af-80f0-d283ab9f74f4&src=RSSMon, 20 May 2013 03:33:16 EDThttp://currents.westlawbusiness.com//Article.aspx?id=9f549a01-ea6d-45af-80f0-d283ab9f74f4&src=RSS Minority shareholders of Clearwire Corp are expected to vote down a buyout offer from Sprint Nextel Corp next week and force the No.3 U.S. wireless company...http://currents.westlawbusiness.com//Article.aspx?id=a56eaa6d-5935-4458-ad15-94cacc262aae&src=RSSFri, 17 May 2013 07:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=a56eaa6d-5935-4458-ad15-94cacc262aae&src=RSS U.S.-insurer New York Life is in exclusive negotiations with Yuanta Financial to sell its Taiwan assets, two sources with close knowledge of the deal told Reuters on Friday, joining other global rivals in exiting the Taiwan market...http://currents.westlawbusiness.com//Article.aspx?id=b275ada1-7c1e-47a5-a977-46b32266406d&src=RSSThu, 16 May 2013 23:56:58 EDThttp://currents.westlawbusiness.com//Article.aspx?id=b275ada1-7c1e-47a5-a977-46b32266406d&src=RSS The private equity secondary market is showing no signs of slowing down. On May 15, British consumer debt company Cabot Credit…http://currents.westlawbusiness.com//Article.aspx?id=9ad32819-48a2-4f4f-9c98-d5abec013c6e&src=RSSThu, 16 May 2013 12:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=9ad32819-48a2-4f4f-9c98-d5abec013c6e&src=RSS Austria's Kommunalkredit [KAFINK.UL] could still be sold and does not need to be wound down, the country's market watchdog said on Thursday after Vienna missed an EU privatisation deadline for the lender...http://currents.westlawbusiness.com//Article.aspx?id=bce25760-3401-412b-bb99-18fab6dda5e8&src=RSSThu, 16 May 2013 07:41:39 EDThttp://currents.westlawbusiness.com//Article.aspx?id=bce25760-3401-412b-bb99-18fab6dda5e8&src=RSS China-based solar panel maker Suntech Power Holdings Co Ltd, whose main unit is in insolvency proceedings, said it reached an agreement with...http://currents.westlawbusiness.com//Article.aspx?id=036de4af-3158-49f2-b09c-d99795d2b5af&src=RSSWed, 15 May 2013 10:41:14 EDThttp://currents.westlawbusiness.com//Article.aspx?id=036de4af-3158-49f2-b09c-d99795d2b5af&src=RSS German tourism group TUI AG's new chief is cutting costs, restructuring loss-making resorts and cruise operations, and will boost cooperation with unit TUI Travel in a shake-up aimed at resuming dividend payments in 2014/15...http://currents.westlawbusiness.com//Article.aspx?id=d71c4090-5260-47a3-bf20-9ad3e75cc82c&src=RSSWed, 15 May 2013 04:05:56 EDThttp://currents.westlawbusiness.com//Article.aspx?id=d71c4090-5260-47a3-bf20-9ad3e75cc82c&src=RSS Greece has added some detail to a long-overdue plan for energy market liberalisation, saying it would sell about a third of the production capacity of power utility PPC to a private competitor in about two years...http://currents.westlawbusiness.com//Article.aspx?id=8be68937-cf85-4e8d-9ce2-905e726f3cd6&src=RSSWed, 15 May 2013 04:03:12 EDThttp://currents.westlawbusiness.com//Article.aspx?id=8be68937-cf85-4e8d-9ce2-905e726f3cd6&src=RSS Ally Financial Inc on Tuesday agreed to an important deal with creditors of its bankrupt Residential Capital LLC subsidiary that will allow the lender finally to separate...http://currents.westlawbusiness.com//Article.aspx?id=51af647a-88eb-4d89-aa30-1caf5ec5dc85&src=RSSTue, 14 May 2013 12:32:39 EDThttp://currents.westlawbusiness.com//Article.aspx?id=51af647a-88eb-4d89-aa30-1caf5ec5dc85&src=RSS New bosses at two of the world's largest mining companies, BHP Billiton and Rio Tinto, wooed investors on Tuesday with promises to slash billions of dollars of spending and press ahead with asset sales, boosting returns...http://currents.westlawbusiness.com//Article.aspx?id=bfdedef4-bcb9-4483-b8e5-d230ffdf1e7a&src=RSSTue, 14 May 2013 09:47:58 EDThttp://currents.westlawbusiness.com//Article.aspx?id=bfdedef4-bcb9-4483-b8e5-d230ffdf1e7a&src=RSS Solvay has no plans for further restructuring once its current programmes are completed and is looking at possible acquisitions in the United States, its chief executive said on Tuesday...http://currents.westlawbusiness.com//Article.aspx?id=66a0cf2f-a94d-4c1d-9178-5c4f5dd53e45&src=RSSTue, 14 May 2013 09:36:53 EDThttp://currents.westlawbusiness.com//Article.aspx?id=66a0cf2f-a94d-4c1d-9178-5c4f5dd53e45&src=RSS Oil trading houses are poised to gain more control of Europe's fuel supply as its refiners close, and the shutdowns could have a significant impact on prices and energy security, the West's energy agency said on Tuesday...http://currents.westlawbusiness.com//Article.aspx?id=d6d07434-cfc9-4c85-82cb-d3f15ae6f094&src=RSSTue, 14 May 2013 07:41:28 EDThttp://currents.westlawbusiness.com//Article.aspx?id=d6d07434-cfc9-4c85-82cb-d3f15ae6f094&src=RSS The European Commission gave approval on Tuesday for the restructuring of Spain's Banco CEISS and said the lender's takeover by larger peer Unicaja would ensure its long-term viability...http://currents.westlawbusiness.com//Article.aspx?id=a094f664-b056-4e94-b4d6-c3cdead994ab&src=RSSTue, 14 May 2013 05:45:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=a094f664-b056-4e94-b4d6-c3cdead994ab&src=RSS Property developer British Land is looking to sell its 255 million pound ($391 million) portfolio of retail properties in mainland Europe after the assets lost almost a fifth of their value on the back of the economic crisis in Spain and Portugal...http://currents.westlawbusiness.com//Article.aspx?id=513326a8-0b7f-4d67-bf04-59253ffb5a08&src=RSSTue, 14 May 2013 03:45:08 EDThttp://currents.westlawbusiness.com//Article.aspx?id=513326a8-0b7f-4d67-bf04-59253ffb5a08&src=RSS RAK Petroleum, which owns 42.8 percent of Norwegian oil firm DNO International, said it would transfer all its assets to a newly created company as part of a restructuring plan, and seek an international bourse listing for the new firm's parent...http://currents.westlawbusiness.com//Article.aspx?id=e3f50de5-0c91-442b-9607-b90b99ddbcc0&src=RSSTue, 14 May 2013 01:44:16 EDThttp://currents.westlawbusiness.com//Article.aspx?id=e3f50de5-0c91-442b-9607-b90b99ddbcc0&src=RSS A bankruptcy court on Monday approved Central European Distribution Corp's bankruptcy exit plan, putting Russian billionaire Roustam Tariko on the verge of adding one of the world's largest vodka producers to his stable of companies...http://currents.westlawbusiness.com//Article.aspx?id=040e7166-b75f-4f1e-86ee-a6a25dd92179&src=RSSMon, 13 May 2013 19:43:11 EDThttp://currents.westlawbusiness.com//Article.aspx?id=040e7166-b75f-4f1e-86ee-a6a25dd92179&src=RSS Activist investor Guy Wyser-Pratte said he is seeking board seats at French phone directories company PagesJaunes to force its biggest shareholder...http://currents.westlawbusiness.com//Article.aspx?id=4b87dd42-fe34-4745-aa01-af3a47ec3235&src=RSSMon, 13 May 2013 13:33:05 EDThttp://currents.westlawbusiness.com//Article.aspx?id=4b87dd42-fe34-4745-aa01-af3a47ec3235&src=RSS After filing for bankruptcy in January 2012, the Eastman Kodak Company recently announced a deal that will take it one step closer to recovering from… http://currents.westlawbusiness.com//Article.aspx?id=3f6d866f-a7ca-4ebb-8d20-921770bdd667&src=RSSFri, 10 May 2013 14:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=3f6d866f-a7ca-4ebb-8d20-921770bdd667&src=RSS U.S. private equity firm TPG Capital raised about $300 million by selling its roughly 10 percent stake in Indian commercial vehicle financier Shriram Transport Finance Co Ltd to India's Piramal Group, generating a near seven times return on a 2006 investment...http://currents.westlawbusiness.com//Article.aspx?id=d69c0fde-4cf1-40ba-8eb0-d629809b65fd&src=RSSFri, 10 May 2013 03:28:47 EDThttp://currents.westlawbusiness.com//Article.aspx?id=d69c0fde-4cf1-40ba-8eb0-d629809b65fd&src=RSS Oil and gas producer Apache Corp said it plans to sell assets worth $4 billion, doubling its divestiture program for the year, to reduce debt and buy back shares...http://currents.westlawbusiness.com//Article.aspx?id=3998c58d-9b39-4ddc-aad5-b3556a1e2f87&src=RSSThu, 9 May 2013 13:33:44 EDThttp://currents.westlawbusiness.com//Article.aspx?id=3998c58d-9b39-4ddc-aad5-b3556a1e2f87&src=RSS Royal Bank of Scotland's chief executive Stephen Hester has moved two of his key lieutenants into new roles as he prepares for a sale of shares in its U.S. arm Citizens Financial Group...http://currents.westlawbusiness.com//Article.aspx?id=2bfc46d5-0e33-40c2-a4be-04aa0a06c7e8&src=RSSThu, 9 May 2013 12:02:02 EDThttp://currents.westlawbusiness.com//Article.aspx?id=2bfc46d5-0e33-40c2-a4be-04aa0a06c7e8&src=RSS The Dubai Group investment firm said on Thursday it expected a $10-billion restructuring of its debt within weeks, sealing the Gulf emirate's recovery from...http://currents.westlawbusiness.com//Article.aspx?id=51faf0a3-fa47-48ce-a703-873d4e0b3a06&src=RSSThu, 9 May 2013 07:21:57 EDThttp://currents.westlawbusiness.com//Article.aspx?id=51faf0a3-fa47-48ce-a703-873d4e0b3a06&src=RSS Privately-owned Stemcor, the world's largest independent steel trading company, is discussing a standstill agreement on a maturing $850 million loan with lead banks after failing to refinance the loan, banking sources said...http://currents.westlawbusiness.com//Article.aspx?id=68772356-d791-4b95-b1a1-d7e5578bfdb4&src=RSSWed, 8 May 2013 08:17:26 EDThttp://currents.westlawbusiness.com//Article.aspx?id=68772356-d791-4b95-b1a1-d7e5578bfdb4&src=RSS Spanish property firm Realia agreed to convert a 115 million euro ($150 million) loan into shares as part of a plan to restructure debt and avoid insolvency, sending its stock sharply higher...http://currents.westlawbusiness.com//Article.aspx?id=2fcf001c-7bac-4352-aff3-d74f7c613140&src=RSSWed, 8 May 2013 04:44:04 EDThttp://currents.westlawbusiness.com//Article.aspx?id=2fcf001c-7bac-4352-aff3-d74f7c613140&src=RSS In a 16th century Swiss castle in March the boss of UBS challenged the head of its private bank to explain his plans for overhauling the business of managing the money of the rich...http://currents.westlawbusiness.com//Article.aspx?id=a8037227-0581-4d86-8a15-2ace2df87e02&src=RSSWed, 8 May 2013 02:32:05 EDThttp://currents.westlawbusiness.com//Article.aspx?id=a8037227-0581-4d86-8a15-2ace2df87e02&src=RSS In the past two decades, a group of specialized hedge funds have transformed corporate bankruptcies, injecting much-needed capital while at the same time drawing fire as "vultures."...http://currents.westlawbusiness.com//Article.aspx?id=8325e43a-9d53-4cbe-81c5-18f2137d262c&src=RSSWed, 8 May 2013 01:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=8325e43a-9d53-4cbe-81c5-18f2137d262c&src=RSS American Express Co said Chief Financial Officer Daniel Henry will retire as soon as a replacement is found, a process that could take "a couple of months"...http://currents.westlawbusiness.com//Article.aspx?id=d0d5987b-1fe3-4bbb-8836-806ce639a79b&src=RSSTue, 7 May 2013 10:50:32 EDThttp://currents.westlawbusiness.com//Article.aspx?id=d0d5987b-1fe3-4bbb-8836-806ce639a79b&src=RSS Favourable market conditions may prompt Dubai to issue another sovereign bond this year, a top official said on Tuesday, adding that the emirate was looking at alternate means to repay its debt if asset sales did not materialise...http://currents.westlawbusiness.com//Article.aspx?id=6a535037-58f3-4ee2-bf67-2d75c702a961&src=RSSTue, 7 May 2013 09:40:52 EDThttp://currents.westlawbusiness.com//Article.aspx?id=6a535037-58f3-4ee2-bf67-2d75c702a961&src=RSS Lehman Brothers Holdings has put the Ritz-Carlton, Kapalua Resort, a 54-acre luxury condo and hotel resort in Maui, Hawaii, on the block as it continues to sell off its real estate holdings to pay off creditors, said two sources familiar with the deal...http://currents.westlawbusiness.com//Article.aspx?id=cec9d0d0-336e-4d56-acd2-36f7acddd8be&src=RSSTue, 7 May 2013 09:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=cec9d0d0-336e-4d56-acd2-36f7acddd8be&src=RSS The Brazilian government, concerned about systemic risk in the rapid growth of banking assets, will propose legislation to make shareholders...http://currents.westlawbusiness.com//Article.aspx?id=dbcd1fe6-3c1e-48b5-a479-22a04956de29&src=RSSMon, 6 May 2013 13:59:34 EDThttp://currents.westlawbusiness.com//Article.aspx?id=dbcd1fe6-3c1e-48b5-a479-22a04956de29&src=RSS Ledgemont Capital Group LLC, a boutique investment bank, filed for Chapter 7 bankruptcy to liquidate its assets, which it estimated at between $10 million...http://currents.westlawbusiness.com//Article.aspx?id=e204b031-88e5-4738-bec8-f99dab26a75f&src=RSSMon, 6 May 2013 11:50:32 EDThttp://currents.westlawbusiness.com//Article.aspx?id=e204b031-88e5-4738-bec8-f99dab26a75f&src=RSS Infracapital and Citi Infrastructure could reap up to 2.3 billion pounds ($3.6 billion) from the sale of a 30 percent stake in Kelda Group, which controls Yorkshire Water, bankers specialising in utilities said...http://currents.westlawbusiness.com//Article.aspx?id=50569012-2e51-401e-a4dd-7e46df9d2e86&src=RSSFri, 3 May 2013 08:12:40 EDThttp://currents.westlawbusiness.com//Article.aspx?id=50569012-2e51-401e-a4dd-7e46df9d2e86&src=RSS A USD9bn-plus order book for BBVA's Additional Tier 1 bond this week, at a time when economic fundamentals are at their worst, has proved that the hunt for yield is transcending any fears about a potentially calamitous market correction down the road...http://currents.westlawbusiness.com//Article.aspx?id=d9999af2-e4a5-4e99-b33c-340afc1d335c&src=RSSFri, 3 May 2013 07:05:30 EDThttp://currents.westlawbusiness.com//Article.aspx?id=d9999af2-e4a5-4e99-b33c-340afc1d335c&src=RSS UniCredit, Italy's biggest bank by assets, said on Thursday it had completed the sale of Kazakh unit ATF Bank to a firm owned by Kazakh businessman Galimzhan Yesenov...http://currents.westlawbusiness.com//Article.aspx?id=0875f1df-a340-4aae-9fa0-2de7137bb0a3&src=RSSThu, 2 May 2013 06:54:57 EDThttp://currents.westlawbusiness.com//Article.aspx?id=0875f1df-a340-4aae-9fa0-2de7137bb0a3&src=RSS Ireland's "bad bank" has sold its first portfolio of Irish commercial property loans to a consortium led by private real estate investor Starwood Capital Group, but the National Asset Management Agency declined to say what discount it gave...http://currents.westlawbusiness.com//Article.aspx?id=951bf0e7-1bd8-49cf-b885-ea42482cebee&src=RSSThu, 2 May 2013 04:32:50 EDThttp://currents.westlawbusiness.com//Article.aspx?id=951bf0e7-1bd8-49cf-b885-ea42482cebee&src=RSS Bankrupt investment bank Lehman Brothers has sued Intel Corp, accusing the chip maker of seizing $1 billion in collateral in breach of a swap agreement, a court filing showed...http://currents.westlawbusiness.com//Article.aspx?id=6f617309-5151-4837-891c-cc1b852043b2&src=RSSThu, 2 May 2013 01:09:09 EDThttp://currents.westlawbusiness.com//Article.aspx?id=6f617309-5151-4837-891c-cc1b852043b2&src=RSS Proxy advisory firm Glass Lewis told Hess Corp's shareholders late on Tuesday they should vote to elect five new board members nominated by activist hedge fund Elliot Management...http://currents.westlawbusiness.com//Article.aspx?id=97993826-12f4-47c6-a56d-159b69dcb7d5&src=RSSWed, 1 May 2013 23:33:03 EDThttp://currents.westlawbusiness.com//Article.aspx?id=97993826-12f4-47c6-a56d-159b69dcb7d5&src=RSS U.S. green car startup Coda Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday after selling just 100 of its all-electric sedans...http://currents.westlawbusiness.com//Article.aspx?id=bc66a7c5-b86b-4a0d-972f-2345d7b43a37&src=RSSWed, 1 May 2013 03:16:47 EDThttp://currents.westlawbusiness.com//Article.aspx?id=bc66a7c5-b86b-4a0d-972f-2345d7b43a37&src=RSS Eastman Kodak Co said on Tuesday it expects to emerge from bankruptcy as soon as July as a commercial imaging business under the control of its creditors...http://currents.westlawbusiness.com//Article.aspx?id=7b29bca1-6eb5-4a12-8cef-fdb3b67d09ea&src=RSSTue, 30 Apr 2013 23:21:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=7b29bca1-6eb5-4a12-8cef-fdb3b67d09ea&src=RSS Canadian coffee-and-doughnut chain Tim Hortons Inc has come under pressure from a large investor to aggressively boost returns through debt-funded share buybacks and a scaling back of U.S. expansion plans, according to documents seen by Reuters and two sources familiar with the matter...http://currents.westlawbusiness.com//Article.aspx?id=b5c38ad0-51dc-45ed-9599-29e221a69c3c&src=RSSTue, 30 Apr 2013 23:04:05 EDThttp://currents.westlawbusiness.com//Article.aspx?id=b5c38ad0-51dc-45ed-9599-29e221a69c3c&src=RSS Liquidators of Nathan Tinkler's Mulsanne Resources were given the go-ahead by the court to sue the struggling Australian tycoon for allegedly letting Mulsanne trade while insolvent, said one of Tinkler's creditors, Blackwood Corp...http://currents.westlawbusiness.com//Article.aspx?id=36b74812-c9ff-485d-bfad-1cebcbb9f289&src=RSSTue, 30 Apr 2013 22:39:14 EDThttp://currents.westlawbusiness.com//Article.aspx?id=36b74812-c9ff-485d-bfad-1cebcbb9f289&src=RSS UK Coal Operations, partly owned by Coalfield Resources, has proposed a voluntary liquidation and the handing over of its remaining mines to a new company, the Financial Times reported, after a fire closed Britain's largest coal mine...http://currents.westlawbusiness.com//Article.aspx?id=38e9ade3-d0ff-4a6b-b226-d2c86727855f&src=RSSTue, 30 Apr 2013 20:51:15 EDThttp://currents.westlawbusiness.com//Article.aspx?id=38e9ade3-d0ff-4a6b-b226-d2c86727855f&src=RSS Green Dragon Gas, a China-based gas firm, is spinning off its engineering business into a new company that it believes is well-placed to benefit from Beijing's push to exploit its shale gas reserves...http://currents.westlawbusiness.com//Article.aspx?id=6eef23b1-57df-4426-b3e4-6ddf93fffc39&src=RSSTue, 30 Apr 2013 12:12:13 EDThttp://currents.westlawbusiness.com//Article.aspx?id=6eef23b1-57df-4426-b3e4-6ddf93fffc39&src=RSS BBVA's inaugural Additional Tier 1 bond got off to a strong start on Tuesday as investors piled into the new deal despite a complicated structure that has drawn criticism from market observers...http://currents.westlawbusiness.com//Article.aspx?id=49c60353-af5f-4585-9b76-9d2d9d4f0490&src=RSSTue, 30 Apr 2013 07:40:17 EDThttp://currents.westlawbusiness.com//Article.aspx?id=49c60353-af5f-4585-9b76-9d2d9d4f0490&src=RSS Germany's SolarWorld said it reached a preliminary deal on restructuring its 1.2 billion euros ($1.6 billion) debt load, including a debt-to-equity swap that would hand its creditors most of the ailing solar group...http://currents.westlawbusiness.com//Article.aspx?id=63a38dba-bd5c-491c-87c3-373df35cb92a&src=RSSTue, 30 Apr 2013 07:05:23 EDThttp://currents.westlawbusiness.com//Article.aspx?id=63a38dba-bd5c-491c-87c3-373df35cb92a&src=RSS Anglo American Platinum said on Tuesday it would next week reveal the outcome of talks with the government and unions about restructuring plans that could see it cut up to 14,000 jobs and mothball two mines in South Africa...http://currents.westlawbusiness.com//Article.aspx?id=a19c5c11-2dbb-415d-8d33-1cf676ed297a&src=RSSTue, 30 Apr 2013 05:35:33 EDThttp://currents.westlawbusiness.com//Article.aspx?id=a19c5c11-2dbb-415d-8d33-1cf676ed297a&src=RSS U.S. retailer Best Buy Co Inc is selling its 50 percent stake in a joint venture with Europe's biggest independent mobile phone retailer Carphone Warehouse Group PLC back to its European partner for about 500 million pounds (or $775 million)...http://currents.westlawbusiness.com//Article.aspx?id=dcd0a814-cf93-4167-b983-52252b13bb73&src=RSSTue, 30 Apr 2013 02:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=dcd0a814-cf93-4167-b983-52252b13bb73&src=RSS Bankrupt photography pioneer Eastman Kodak Co said it will sell two of its remaining imaging businesses to its UK pension fund for $650 million...http://currents.westlawbusiness.com//Article.aspx?id=44a088e7-cd3e-4961-bbb1-d59d6ccbbde9&src=RSSMon, 29 Apr 2013 09:16:46 EDThttp://currents.westlawbusiness.com//Article.aspx?id=44a088e7-cd3e-4961-bbb1-d59d6ccbbde9&src=RSS State-backed British bank Lloyds is to sell its Spanish retail banking business to Banco Sabadell in exchange for an approximate 1.8 percent stake in the Spanish lender and will take a 250 million pound loss on the disposal...http://currents.westlawbusiness.com//Article.aspx?id=de233c67-92ae-4d14-8167-0bd88d5414aa&src=RSSMon, 29 Apr 2013 02:56:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=de233c67-92ae-4d14-8167-0bd88d5414aa&src=RSS BHP Billiton has agreed to sell its Pinto Valley copper mine and a railroad in Arizona to Capstone Mining Corp for $650 million, reaping far more than expected as the top global miner tightens its belt in a weaker market...http://currents.westlawbusiness.com//Article.aspx?id=38b608f4-aebe-4fb7-b564-50a5718bba14&src=RSSSun, 28 Apr 2013 22:42:25 EDThttp://currents.westlawbusiness.com//Article.aspx?id=38b608f4-aebe-4fb7-b564-50a5718bba14&src=RSS US Airways Group Inc and AMR Corp make progress in their merger, compensation awarded to the outgoing AMR CEO has come under scrutiny… http://currents.westlawbusiness.com//Article.aspx?id=bb13610d-dd44-47d3-8d54-08d696a9b6bb&src=RSSFri, 26 Apr 2013 13:00:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=bb13610d-dd44-47d3-8d54-08d696a9b6bb&src=RSS A French court on Friday rejected a union challenge against PSA Peugeot Citroen's plans to cut thousands of jobs and close a plant, clearing the way for the restructuring to begin...http://currents.westlawbusiness.com//Article.aspx?id=fb308bd8-ae99-4a73-bc39-b2c92e0b5809&src=RSSFri, 26 Apr 2013 09:17:04 EDThttp://currents.westlawbusiness.com//Article.aspx?id=fb308bd8-ae99-4a73-bc39-b2c92e0b5809&src=RSS Ireland's Independent News & Media has struck a deal to cuts its debt by two thirds, its second restructuring in four years that will see its lenders take...http://currents.westlawbusiness.com//Article.aspx?id=de7cee2c-8b83-4f37-94c4-d5372897a91d&src=RSSFri, 26 Apr 2013 03:18:32 EDThttp://currents.westlawbusiness.com//Article.aspx?id=de7cee2c-8b83-4f37-94c4-d5372897a91d&src=RSS General Motors Co paid Chief Executive Dan Akerson $11.1 million in 2012, a 44 percent increase from 2011 due to $2 million in restricted stock units...http://currents.westlawbusiness.com//Article.aspx?id=f4ce4a79-4b5f-4226-9e5a-4ca838c85d65&src=RSSThu, 25 Apr 2013 13:56:47 EDThttp://currents.westlawbusiness.com//Article.aspx?id=f4ce4a79-4b5f-4226-9e5a-4ca838c85d65&src=RSS Continental Grain Co, a large shareholder in Smithfield Foods Inc, moved toward a proxy fight with the meat company on Thursday, saying it will...http://currents.westlawbusiness.com//Article.aspx?id=49bca0e3-b746-4147-8bb3-89086ee4f780&src=RSSThu, 25 Apr 2013 12:41:03 EDThttp://currents.westlawbusiness.com//Article.aspx?id=49bca0e3-b746-4147-8bb3-89086ee4f780&src=RSS Republican lawmakers said the U.S. government missed early warning signs that its loans to electric carmaker Fisker Automotive could be in trouble, and kept money flowing even after the startup missed a key 2011 production deadline...http://currents.westlawbusiness.com//Article.aspx?id=1868564f-9f42-4b40-9377-7d1fddac74eb&src=RSSWed, 24 Apr 2013 20:55:00 EDThttp://currents.westlawbusiness.com//Article.aspx?id=1868564f-9f42-4b40-9377-7d1fddac74eb&src=RSS British insurance group Standard Life saw the net flow of new money it administers more than double in the first quarter from a year earlier, helped by a rise in pension savings...http://currents.westlawbusiness.com//Article.aspx?id=73bee6c8-0af7-4d83-9676-27a1a89044d3&src=RSSWed, 24 Apr 2013 02:54:08 EDThttp://currents.westlawbusiness.com//Article.aspx?id=73bee6c8-0af7-4d83-9676-27a1a89044d3&src=RSS The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey's trustee...http://currents.westlawbusiness.com//Article.aspx?id=8e5bd799-a6ed-4b0e-801c-ab555e887347&src=RSSTue, 23 Apr 2013 12:27:26 EDThttp://currents.westlawbusiness.com//Article.aspx?id=8e5bd799-a6ed-4b0e-801c-ab555e887347&src=RSS