Bankrupt California City Of San Bernardino Looks To Medical Marijuana To
The second-largest city in the U.S. to declare bankruptcy has a new solution for how to grow its struggling economy: legal marijuana. San Bernardino, California, 60 miles east of Los Angeles, is looking to raise new taxes by allowing medical marijuana …
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Pantech Temporarily Saved From Bankruptcy
Pantech pleaded, “Please help us. Without your support, Pantech has no option but to declare bankruptcy.” However, their main bondholders and the carriers SK Telecom, KT and LG Uplus remain skeptical if Pantech will be able to turn themselves around.
Read more on Android Headlines – Android News

Pinsent Masons | UK government consults on increasing minimum debt before
Creditors that wish to have an individual declared bankrupt must present a petition to a court in order to be able to do so. Petitions can also be presented by insolvency practitioners against individuals in financial difficulty that break the terms of …
Read more on Linex Legal (press release) (registration)

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