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Hidili Industry International Development Limited
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June 14, 2022
Small Biz Debt Limit Raised, Crypto Exec Can't Ditch Case
Congress took action to permanently raise the debt limit for small business Chapter 11 cases, a former cryptocurrency investment firm executive can't ditch his own bankruptcy case, and a bankrupt hotel company asked to deny a $6 million fee request from its own attorneys. This is the week in bankruptcy.
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June 13, 2022
Chinese Coal Co. Asks US Recognition For $190M Debt Swap
A Chinese coal mining company is asking a New York bankruptcy court for U.S. recognition of a $190 million debt for equity swap approved by a Hong Kong court last week, saying the deal is the result of more than six-and-a-half years of talks with creditors.