January 22, 2014
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.
June 06, 2013
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.
April 12, 2012
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.
March 20, 2012
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.
February 07, 2012
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.
December 06, 2011
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.