Printer Friendly

Apex Silver bankruptcy.

Cayman Islands-based precious metals miner Apex Silver Mines Ltd. said it has reached an agreement with the company's short-term debt holders on its plan of reorganization under Chapter 11 bankruptcy protection, reports AP (Jan. 12, 2009). Completion of the proposed plan of reorganization depends on a number of conditions, including approval by the bankruptcy court or a disclosure statement related to the plan and the closing of the sale of the company's interest in Bolivia's San Cristobal mine, and related assets to Sumitomo Corp.
COPYRIGHT 2009 Caribbean Update, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:CAYMAN ISLANDS
Publication:Caribbean Update
Date:Feb 1, 2009
Previous Article:Cayman funds sued.
Next Article:Costa Rica to join Cafta.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters