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A $32 billion segment of Canada's debt market was placed under bankruptcy protection on Monday after a committee established to restructure the troubled debt missed a settlement deadline.
Judge Kathleen O'Malley of United States District Court in Cleveland consented to a request from both sides to extend today's settlement deadline to May 31.
OTTAWA — A $32 billion segment of Canada's debt market was placed under bankruptcy protection on Monday after a committee established to restructure the troubled debt missed a settlement deadline.
Bargaining has been difficult, as demonstrated in Pittsburgh last week when the union and the Bethlehem Steel Corporation, the National Steel Corporation and the Armco Steel Company recessed talks and thus abandoned their contract settlement deadline of tomorrow.
In the final days before the June settlement deadline set by Judge Breyer, negotiators gathered at the Washington offices of Sullivan & Cromwell, which represented Volkswagen, at a large conference room overlooking the Jefferson Memorial.
Ukraine to regain full control of border only after local elections in Donetsk and Luhansk and after a full political settlement - deadline is end of 2015.
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Aides to Mr. Netanyahu said Sunday, as they have in the past, that if the Palestinians walked away from negotiations over the settlement construction deadline, it would be evidence that they had not been serious about reaching an agreement and were looking for an excuse.
After two years seeking a settlement, legal deadlines meant she had to go to court or drop her case, she said.
Many class-action suits of this kind are approved, but if a significant portion of retirees oppose or opt out of the settlement before the deadline at the end of August, the court may reopen negotiations.
In a response, United States District Judge Denny Chin of the Southern District of New York in Manhattan, who is charged with reviewing the settlement, set a deadline of Sept. 18 for the government to present its views in writing.
Cohen mediated that dispute, helping the sides reach a settlement before the strike deadline.
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