Regional business collapses into voluntary administration and says the federal … – SmartCompany.com.au

A biodiesel plant listed on the Australian Securities Exchange says the federal government is partly to blame for it collapsing into voluntary administration. Australian Renewable Fuels Limited, based in Barnawartha in north-east Victoria, appointed voluntary administrators on Thursday. Melissa Humann, David McEvoy and Nicholas Martin from PPB advisory are now managing the companys assets. A…

EIG Provides Update on Proposed Restructuring of Pacific Exploration & Production Corp. – Business Wire (press release)

WASHINGTON–(BUSINESS WIRE)–EIG Pacific Holdings Ltd. (the Offeror), a Cayman Islands limited company and subsidiary of Harbour Energy Ltd. (Harbour Energy), today provided an update regarding its pending tender offers (the Tender Offers) for the outstanding senior notes (the Notes) of Pacific Exploration & Production Corporation (TSX: PRE) (BVC: PREC) (Pacific E&P or the Company). On…

Readers vent after news of a liquidation – The Sunshine Coast Daily

THE magnitude of yesterday’s revelations of a Coast company director holidaying in Las Vegas days after his company entered liquidation was quickly apparent. After the Daily revealed prominent Mooloolaba restaurateur Todd Young’s company, Todd Young Investments Pty Ltd, which through a trust operated Bella Venezia at Mooloolaba, had gone into liquidation and days later he’d…

Insolvency and Bankruptcy Code 2015: well worth the wait – International Law Office (registration)

Introduction Consolidated code Comment Introduction No single umbrella legislation governs insolvency and bankruptcy proceedings in India. Instead, there is a slew of legislation governing the legal framework, including: the Companies Act 2013; the Sick Industrial Companies (Special Provisions) Act 1985; the Recovery of Debts Due to Banks and Financial Institutions Act 1993; …

Flint water crisis: governor’s brand of corporate politics set stage for disaster – The Guardian

Governor Rick Snyder of Michigan presents himself as a bipartisan, pragmatic accountant. His self-proclaimed nickname is One Tough Nerd. He has no trouble upsetting Democrats and Republicans on the same day. Related: Flint water crisis: emails reveal governor Snyder informed of problems a year ago He talks about Michigan residents as his customers and tries…