On March 29, 2017, each of the Pursuant to the Bankruptcy Code (specifically including, but not limited to, 11 U.S.C. March 29, 2017
At that time, the company said it expects net sales in FY2018 to total JPY3.6 trillion, with an operating income of JPY70 billion.Researched and written by World Nuclear NewsWNN is a public information service of World Nuclear AssociationWNN is a public information service of World Nuclear AssociationWNN is a public information service of World Nuclear AssociationWNN is a public information service of World Nuclear Association©2020 World Nuclear Association Tower House, 10 Southampton Street, London, WC2E 7HA, UK.
September 1, 2017
Westinghouse Claims Processing Center
The Meeting of Creditors may be continued or adjourned by notice at the meeting, without further written notice to creditors. Albert Togut, Esq.
December 3, 2019
"As the acquisition of Westinghouse in now completed, the probability of future losses due to payment of remaining guarantee obligations is low, and Toshiba is entitled to seek indemnification from the new owner of Westinghouse for certain future payments relating to the remaining parent company guarantees," Toshiba said.The company plans to reverse the allowance for losses of some JPY39.6 billion (USD355 million) to consolidated net income (loss) from discontinued operations before non-controlling interest, and the allowance for losses of about JPY24.3 billion to non-consolidated extraordinary income made in the second quarter of FY2018, ending 31 March 2019.
17-10751 (MEW) in the United States Bankruptcy Court for the Southern District of New York. The cases (collectively, the “Bankruptcy Cases”) are jointly administered under Case No. We use cookies to provide the best experience for you.
This memorandum summarizes the status of the Chapter 11 bankruptcy case of Westinghouse Electric Company, LLC and 29 of its affiliated companies (collectively, “Westinghouse”), all of which are in joint administration under Case No. August 1, 2018
Toshiba said the Chapter 11 bankruptcy filing will limit its exposure to future losses at Westinghouse.
KCC's Corporate Restructuring Court Documents Search provides access to thousands of historical court documents located on KCC public access websites. To find out more check our cookies and privacy policy02 August 2018Westinghouse filed for Chapter 11 bankruptcy protection with US courts in March 2017 to enable it to undergo strategic restructuring. "Cyrus Madon, CEO of Brookfield Business Partners said, "We are pleased to have completed this acquisition, which diversifies our business into global infrastructure services.
The Company is seeking to undertake a strategic restructuring as a result of certain financial and construction challenges in its U.S. AP1000® power plant projects.
December 3, 2019
February 21, 2018
October 22, 2019
The filing affected only its US operations, which included projects to construct four AP1000 reactors at two sites, Vogtle in Georgia, and VC Summer in South Carolina.
§ 362), a debtor is afforded certain protection against its creditors; the Bankruptcy Code prohibits creditors from taking certain actions related to debts that may have been owing prior to the commencement of the Bankruptcy Cases. Rule 9001(5) of the Federal Rules of Bankruptcy Procedure requires that a representative of the Debtors appear at the Meeting of Creditors for the purpose of being examined under oath by a representative of the Office of the United States Trustee and by any interested parties that attend the meeting.
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