Bankruptcy & Restructuring News Headlines for Monday Mar 7, 2022

Here's what we are reading this morning:

Stressed China Builder Bond Bill Swells to $3.7 Billion in March - Bloomberg: Bond-payment pressures will ramp up for China’s embattled property sector this month, just as companies are due to release their 2021 results and continue to face slumping new-home sales and tight liquidity.

A Mega-Mansion Once Called America's Most Expensive Sells For Just $126 Million: A mega-mansion that was once dubbed "America's most expensive residence" has finally sold at auction, following a year of turmoil.

Failed Aussie crypto exchange may have been insolvent for years, liquidator says: Liquidators for MyCryptoWallet have claimed the business may been insolvent for three years before its collapse, and have questioned $3.4 million in ‘unfair’ transactions.

Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis - WSJ: The fighting in Ukraine has shut down small but important suppliers to the car industry, closing plants far from the conflict zone, while sanctions and severed trade routes are hindering car and parts shipments to and from Russia, once seen as a growth market.

Older Post Newer Post