CDC Corporation

  1. January 22, 2014

    AIG To Pay $6M To Settle CDC Suit Over D&O Coverage

    AIG Europe Ltd. on Wednesday agreed to pay $6 million to settle allegations that it refused to honor an insurance policy held by CDC Corp. covering nearly $9 million in settlement and defense costs CDC incurred in a lawsuit against its top executives.

  2. June 06, 2013

    CDC Trust Sues AIG Over $9M In D&O Coverage

    The trust charged with winding down CDC Corp.'s bankruptcy estate sued AIG Europe Ltd. on Wednesday, claiming the insurer has refused to honor a policy covering nearly $9 million of settlement and defense costs the software company incurred in a lawsuit against its top brass.

  3. April 12, 2012

    Bankrupt CDC Corp. Settles $63M IPO Row With Evolution

    A bankruptcy judge on Wednesday approved a $63.3 million settlement between enterprise software company CDC Corp. and hedge fund Evolution Capital Management LLC, putting to bed a dispute over a failed initial public offering that forced the software company to seek Chapter 11 protection.

  4. March 20, 2012

    Vista Affiliate's $250M Buy Of CDC Software Gets Nod

    A Georgia bankruptcy judge on Tuesday approved CDC Corp.'s sale of its 87 percent stake in CDC Software Inc. to Vista Equity Partners affiliate Archipelago Holdings Inc. for nearly $250 million.

  5. February 07, 2012

    Bankrupt CDC Corp. Seeks $250M Sale To Stalking Horse

    Bankrupt software firm CDC Corp. asked a Georgia bankruptcy judge on Monday for permission to sell its 87 percent stake in CDC Software Inc. to stalking horse bidder Archipelago Holdings Inc. for $250 million.

  6. December 06, 2011

    CDC Corp. Creditors Ask For Ch. 11 Trustee

    Several CDC Corp. creditors and the U.S. trustee sought the appointment of a Chapter 11 trustee in the enterprise software company's Georgia bankruptcy Monday, citing CEO Peter Yip's alleged control of the company's board.

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