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Insolvency
Insolvency
Insolvency
Insolvency
Insolvency

The following information is about Insolvency.

Insolvency Defined

A legal determination occurring when a managed care plan no longer has the financial reserves or other arrangements to meet its contractual obligations to patients and subcontractors.

This definition is in context to Health Care. See more contextual defintions for Insolvency.


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UAW tells Congress to bank on givebacks

Published December 4, 2008, 6:18 am, Chicago Tribune

In gesture to support Big 3 bailout, union agrees to stop paying laid-off workers WASHINGTON — In the unionized auto business, the traditional answer to a sales slowdown was to identify excess workers and then keep paying them—for doing no work.

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Auto execs set to make pitches for loans

Published December 4, 2008, 5:56 am, WZZM 13 Grand Rapids

Auto execs set to make pitches for loans

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UAW agrees to make sacrifices

Published December 4, 2008, 1:08 am, The Tennessean

WASHINGTON — First it was the heads of Detroit's Big Three automakers who offered public pledges to cut costs, shrink their vehicle lines, go green and slash their own salaries in the quest for a desperately needed government bailout.

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Former Treasury chief O'Neill issues warning of potential economic disaster

Published December 3, 2008, 9:42 pm, Pittsburgh Post-Gazette

If the United States doesn't get its finances in order, the coming years will make the current recession "look like a child's birthday party," said former Treasury secretary and Alcoa chairman Paul O'Neill.

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AUTO EXECS BACK TO CONGRESS TODAY: Auto execs set to make pitches for loans

Published December 3, 2008, 6:14 pm, Detroit Free Press

The chiefs of Detroit's auto industry will attempt to close a deal for survival Thursday, pleading with a U.S. Senate committee for $34 billion in loans with pledges of future profits, warnings about the current economy and strident arguments against bankruptcy.

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AUTO EXECS BACK TO CONGRESS TODAY: Auto execs set to make pitches for loans

Published December 3, 2008, 6:08 pm, Detroit Free Press

The chiefs of Detroit's auto industry will attempt to close a deal for survival Thursday, pleading with a U.S. Senate committee for loans with pledges of future profits, warnings about the current economy and strident arguments against bankruptcy.

Full Story


Seoul to bail out ailing savings banks

Published December 3, 2008, 4:51 pm, Asia News Network

The South Korean government will inject a total of 1.3 trillion won (US$890 million) in public funds to buy out bad loans extended by savings banks to finance construction projects, officials said yesterday (December 3).

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Seoul to bail out ailing savings banks

Published December 3, 2008, 4:49 pm, Asia News Network

he South Korean government will inject a total of 1.3 trillion won (US$890 million) in public funds to buy out bad loans extended by savings banks to finance construction projects, officials said yest .....

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Insurer casts off long-term-care policies

Published December 3, 2008, 4:13 pm, The Salt Lake Tribune

A major insurer has dumped a chunk of its long-term-care policies into an independent trust, putting tens of thousands of policyholders at risk of reduced benefits or big premium increases.

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A look at economic developments around the world

Published December 3, 2008, 3:27 pm, INO News

BERLIN _ The German auto industry's leading trade group, the German Association of the Automotive Industry, said it expects next year's car sales to be the worst since the reunification of the country in 1990. It expects 2.9 million new car registrations in 2009, down from the 3.1 million registrations it anticipates in the current year.

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The following links have been collected through user bookmark submission in the Insolvency category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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Mon Nov 17

  • Blame Buiter: It is incomprehensib le to me why, almost 16 months after the start of the financial crisis, the UK still does not have a special resolution regime for banks. The failure to make this a top priority must count as a major dereliction of duty by the government.

Sun Nov 16

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Insolvency. If you would like to find related tags we recommend Tag Patterns > Insolvency

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