WINSTON-SALEM, N.C. —- The U.S. bankruptcy court administrator in case goods manufacturer Linwood Furniture's case filed a motion this week to convert it to a Chapter 7 proceeding. Usually, Chapter 7 means liquidation and sale of a ...
Tags: Linwood Furniture
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit
SCO, the low-end Unix software vendor that sought to claim intellectual property rights over the popular open-source operating system Linux, has filed for Chapter 7 bankruptcy, the first stage in its winding up and liquidation. Further ...
Tags: SCO, Unix software, Microsoft, Linux Sun
Patent portfolios are rapidly becoming the single most valuable asset for technology companies With Eastman Kodak's long-awaited patent auction taking place tomorrow,it is rapidly becoming clear that patent portfolios should now be ...
Tags: Eastman Kodak, patent, auction
The resin and moulding-compound manufacturer Chemiplastica took over the assets of the phenol-resin producer PA Resins, which has been insolvent since 9 May. The company, which had submitted the best offer following the bidding process ...
Tags: market view, resin
The U.S.International Trade Commission has affirmed a prior ruling that an Eastman Kodak patent asserted in a complaint against Apple and Research In Motion is invalid,according to a notice issued late Friday. Kodak said Saturday it would ...
Tags: Apple, RIM, patent case, Kodak, The U.S.International Trade Commission
Solar shake-up to spawn technology roadmap 16 Jul 2012 Current cycle of consolidation is playing an essential role in filtering out uncompetitive technologies,says analyst. PECVD equipment supplier trends A new report from the ...
Tags: Solar shake-up, roadmap, equipment vendors, The Solarbuzz report
American agribusiness company Cargill is set to acquire ground beef processing plant in Texas,US,from AFA Foods for$14.1m,in a deal that will strengthen its existing beef business. The deal,which includes the purchase of all working ...
Tags: beef, ground beef patties, acquisition
A landmark mortgage law approved by Saudi Arabia on Monday would tackle soaring property prices, spur lending and give a strong boost to the economy but it will take time before its full results are felt, a local study said on Wednesday. ...
Tags: market view, cement
Recently,LED display manufacture Shenzhen Sinolight Optoelectronics has announced to bankruptcy due to its current difficulties in securing SME loans. The company had assets in excess of RMB 100 mln and a staff of more than 400 ...
Tags: Shenzhen, Sinolight Optoelectronics, LED display manufacture, SME loans
Cadmium telluride(CdTe)thin-film photovoltaic(PV)module maker Abound Solar of Loveland,CO,USA says that it intends to file a petition for protection under US Bankruptcy Code in Delaware this week.Suspension of operations will impact about ...
Tags: Solar, PV, Bankruptcy Code, Energy
IDG News Service-Eastman Kodak said on Monday that it has received approval from bankruptcy court to go ahead with the auction of its digital imaging patent portfolios,despite claims to some of those patents by Apple and FlashPoint ...
Tags: Kodak, auction patents, complaint, Apple claims
Solar shake-out claims Abound amid GE worries 03 Jul 2012 After$370 million in investment–partly through a DOE loan guarantee–the thin-film CdTe module maker files for bankruptcy. 20kW installation Abound Solar has become ...
Tags: solar, Abound amid GE, DOE loan, the thin-film CdTe module
Computerworld-The$60 million Apple paid to a little-known Chinese firm for the iPad trademark will let the Cupertino,Calif.company not only start selling its newest tablet in China,but also lays the groundwork for an expected smaller iPad ...
Commentary:China government needs to create projects with sufficient IRRs to save solar industry Nuying Huang,Taipei;Jackie Chang,DIGITIMES[Tuesday 19 June 2012]Some China-based solar firms have been falling into bankruptcies since the ...
Tags: China, government, polysilicon