Bankruptcy

Bankruptcy

Untangling the knots of creditors’ claims has delayed Sri Lanka’s rescue and stalled its recovery Photo: Bloomberg

Why Sri Lanka's suffering may not end soon

Debt restructuring has become an exhausting exercise for troubled nations as bilateral creditors bicker and some investors mount legal challenges.

Administrator of United Nations Development Programme (UNDP) Achim Steiner, speaks during the presentation of the 2019 UNDP Human Development Report, in Bogota, Colombia December 9, 2019. REUTERS/Luisa Gonzalez/File Photo

Over 50 poor nations in danger of bankruptcy: UN official

File photo of Jatiyo Party Chairman GM Quader. Photo: Collected

Country heading for bankruptcy: GM Quader

Food fills the shelves of Hermanos Cadenas grocery store at a local market in Madrid, Spain, August 12, 2022. REUTERS/Susana Vera/File Photo

Slowing growth exacerbates debt strains, corporate bankruptcies loom - IIF

The logo of Down Jones Industrial Average stock market index listed company 3M is shown in Irvine, California April 13, 2016. REUTERS/Mike Blake

3M combat ear plug lawsuits to proceed, judge rules, despite bankruptcy case

People walk past a Cineworld in Leicester's Square, amid the coronavirus disease (COVID-19) outbreak in London, Britain, October 4, 2020. REUTERS/Henry Nicholls

Cineworld's possible bankruptcy puts cinema industry under the spotlight

Can a country go bankrupt?

Can a country go bankrupt?

Photo: Reuters

Crypto lender Celsius defends bitcoin mining plans as bankruptcy kicks off

Stephen Ehrlich, CEO and Co-Founder Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. REUTERS/Brendan McDermid

Crypto lender Voyager Digital files for bankruptcy

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6 major countries that went bankrupt in recent times

People are given packets of biscuits from a free distributor, while waiting in line to buy kerosene near a Ceylon Petroleum Corporation fuel station, amid the country's economic crisis in Colombo, Sri Lanka, April 7, 2022. Reuters.

Sri Lanka admits bankruptcy, crisis to drag through 2023

How a nation goes bankrupt

How a nation goes bankrupt

The flags of the US and Puerto Rico fly outside the Capitol building in San Juan, Puerto Rico May 4, 2017. Photo :Reuters

Puerto Rico gets green light to end five-year bankruptcy