Kumtor Gold Company CJSC

  1. July 28, 2022

    3M Earplug Suits Lead To Ch. 11, Talc Claims To Be Estimated

    Military veteran claims pushed earplug maker and 3M unit Aearo into bankruptcy, a New Jersey judge ordered an estimation process for talc claims in the Chapter 11 of Johnson & Johnson's talc unit and the founders of bankrupt cryptocurrency hedge fund Three Arrows Capital are not responding to subpoenas. This is the week in bankruptcy.

  2. July 27, 2022

    Kumtor Wins Ch. 11 Dismissal After Kyrgyzstan Mine Deal

    Bankrupt Kumtor Gold Co. received approval for a voluntary dismissal of its Chapter 11 case Wednesday after a New York judge said a deal with the government of Kyrgyzstan and the company's equity parent was in the best interest of creditors.

  3. July 21, 2022

    Crypto Dominos Keep Falling, J&J Wants Talc Injunction

    Another cryptocurrency player succumbs to marketwide distress, Johnson & Johnson's bankrupt talc unit seeks a pause of talc suits brought by state attorneys general and a $21 million settlement in the liquidation of defunct law firm LeClairRyan is drawing appeals from the bankruptcy watchdog. This is the week in bankruptcy.

  4. July 21, 2022

    Kumtor Gold Ch. 11 Dismissal Called Unfair To Creditors

    A company seeking to press an $18.1 million claim against a Central Asian subsidiary of Centerra Gold Co. has asked a New York bankruptcy judge to reject a motion to dismiss the subsidiary's Chapter 11 case, saying it would leave overseas creditors in the lurch.

  5. April 04, 2022

    Centerra Gold Reaches Deal To Hand Mine To Kyrgyz Gov't

    Centerra Gold Co. and the government of Kyrgyzstan announced Monday they have reached a deal to end their dispute over the Kumtor gold mine, with Centerra saying it will hand the mine and $86 million in payments to a government-controlled company.

  6. January 05, 2022

    Kumtor Gold Can't Depose Kyrgyz Official For Ch. 11 Defense

    A New York bankruptcy judge denied a request Wednesday by bankrupt Kumtor Gold Co. to depose Kyrgyzstan's energy minister, saying the company had not yet justified its discovery demand and would have to complete other depositions.

  7. January 04, 2022

    Centerra Gold Confirms Negotiations With Kyrgyz Gov't

    Centerra Gold Inc. says it is engaged in negotiations with representatives for the Kyrgyz Republic to settle a dispute over the company's Kumtor Mine, which was allegedly seized by the Kyrgyz government last year.

  8. October 21, 2021

    Kumtor's $8M Ch. 11 Loan Approved With Lien Restrictions

    A New York bankruptcy judge approved an $8 million Chapter 11 loan for Kumtor Gold Co. on Thursday after restricting the ways in which the lender could enforce its liens on the debtor's assets in the Kyrgyz Republic, which is seeking to have the bankruptcy tossed after seizing the debtor's gold mine.

  9. September 28, 2021

    Centerra Asks Arbitrator To Block Kyrgyz Acts At Gold Mine

    Centerra Gold Inc. is seeking emergency relief in an international arbitration proceeding against Kyrgyzstan, saying the country's government has been mishandling operations at Centerra's gold mine since seizing the facility in May.