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South America Bankruptcy News. Service for global professionals. Constantly updated news and information about South America Bankruptcy.
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Latest South America Bankruptcy News

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  • Lithium for 4.8bn electric cars set to bring hope to Bolivia 13 Dec 2009 05:11 GMT
    ... electric cars set to bring hope to Bolivia Car firms are hungry to tap into ... of the desert. He's explaining how Bolivia, South America's second-poorest country, will supply the world with ... opened a mine across the border in Argentina. In 2005, Quisbert's friend, Morales, was elected ...

  • Grupo Mexico regains control of bankrupt Asarco 10 Dec 2009 10:40 GMT
    ... New York: Mining giant Grupo Mexico on Thursday said it ... Thursday said it has regained control over bankrupt copper miner Asarco after winning a year-long ... reuniting Asarco with its parent company,” the South American company said in a statement. The reunion ...

  • Bolivia man arrested for multiple drug charges 16 Dec 2009 00:22 GMT
    ... Brunswick County Sheriff's deputies are searching for a ... are searching for Noel Velasquez, 17. A Bolivia man has been arrested for multiple drug ... and Ocean Isle Beach Road, has declared bankruptcy. Representatives have asked Ocean Isle Beach commissioners ...

  • Brazil - JBS get all clear for Pilgrims Pride takeover 11 Dec 2009 00:51 GMT
    ... Brazil - JBS get all clear for Pilgrims Pride ... Pilgrim's Pride Corp. said Thursday the U.S. Bankruptcy Court for the Northern District of Texas ...

  • Bankruptcy judge approves Pilgrim's Pride exit plan 11 Dec 2009 11:30 GMT
    ... Bankruptcy judge approves Pilgrim's Pride exit plan Dec ... processor to become part of a giant Brazilian beef company. "The past 12 months have ...

  • Bankruptcy court OKs Pilgrim's Pride's exit plan 12 Dec 2009 02:30 GMT
    ... Bankruptcy court OKs Pilgrim's Pride's exit plan Dec ... processor to become part of a giant Brazilian beef company. "The past 12 months have ...

  • Pilgrim's Pride set to exit bankruptcy this month 10 Dec 2009 17:48 GMT
    ... * Bankruptcy court judge confirms reorganization plan * Pilgrim's ... plan includes selling a majority stake to Brazilian meat company JBS SA ( ). Under ...

  • Court approves chicken producer Pilgrim's Pride bankruptcy reorganization plan 10 Dec 2009 18:12 GMT
    ... PITTSBURG, Texas (AP) - Chicken producer Pilgrim's Pride Corp. ... plan and it soon can emerge from bankruptcy court protection. The company filed for Chapter ... a majority stake worth $800 million to Brazilian beef giant JBS. The transaction includes paying ...

  • Brazil's Flex cleared to resume operations 10 Dec 2009 15:51 GMT
    ... Brazilian carrier Flex, a successor to the former ... payments". Flex emerged after the operations of bankrupt Varig were split. The debt-free portion eventually ...

  • Brazil JBS plans $2 bln convertible debt sale 14 Dec 2009 15:14 GMT
    ... * JBS to sell $2 bln of bonds to fund Pilgrim's takeover ... bond sale SAO PAULO, Dec 14 - Brazil's JBS SA , the world's largest beef ... last week it expects to emerge from bankruptcy protection by the end of December, nearly ...

  • BlackRock New Engy Final Results 16 Dec 2009 18:56 GMT
    ... and a number of companies have gone bankrupt. We reduced our exposure further in the ... Spain, the UK, and in North and South America. The company's power stations generate electricity from ... 3.4 Belgium 2.2 1.9 France 1.3 1.2 Brazil 1.0 - Ireland 0.9 0.8 Austria 0.5 - ...

  • $1.8B in Asarco money will be used for environmental cleanups 11 Dec 2009 07:45 GMT
    ... Federal officials on Thursday touted the record-breaking payouts for ... would be permitted to transfer Asarco's profitable South American subsidiary, Southern Peru Copper, to a different Grupo Mexico subsidiary. ...

  • VW deal with Suzuki takes aim at India 10 Dec 2009 01:42 GMT
    ... in India. Volkswagen is a leader in South America and China but has been weak in ... Chrysler as it emerged from Chapter 11 bankruptcy protection in the United States and is ...

  • Company owners read signs of change 18 Dec 2009 02:46 GMT
    ... -- Tennessee-based ImagePoint, Inc. -- filed for bankruptcy. With retailers effectively out of the game, ... company maintains three offices in Central and South America, where signs and billboards are a vital ...

  • Malaysian Tropical Island Resort Makes Waves In Germany 9 Dec 2009 11:45 GMT
    ... Zeppelin "cargo-lifter" terminal. However, the company went bankrupt before the airship could be built and ... trees and plants from the rainforests of South America, Africa, Asia and Australia. -- BERNAMA We ...


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