Chassix refurbishing plant that caused company’s financial troubles – Automotive News

DelGrosso: “Our target is to break even by the fourth quarter; we’d like to do it faster than that.” A year after filing for Chapter 11 bankruptcy, Chassix Inc. is inching closer to fixing the plant that almost single-handedly sent the supplier into insolvency. The supplier’s Bristol, Ind., plant, which manufactures automotive die-cast and machined…

Individual companies showing signs of resilience: Adrian Lim, Aberdeen Asset Management – Economic Times

India foreign direct investment (FDI) remains healthy while competitive federalism, the devolution of economic resource allocation and decision-making to the states is producing results said Adrian Lim, senior investment manager at Aberdeen Asset Management. In an interview to ET he said though corporate earnings growth has been stalling there have been signs of resilience among…

Begbies Traynor win ‘major’ insolvency services contract in Northern Ireland – Scottish Daily Record

Insolvency firm Begbies Traynor has won a major new insolvency services contract with the Northern Ireland governments Department of Enterprise, Trade and Investment (DETI). Begbies said the contract will be managed by its Scotland and Northern Ireland operation, who will help the DETI manage historically high levels of both corporate and individual insolvency. Begbies said…

Dissolution and Liquidation of a Subsidiary Company – Yahoo Finance UK

LONDON–(BUSINESSWIRE)– This announcement is for our U.S.$5,000,000,000 Euro Medium Term Note Programme Dissolution and liquidation of a subsidiary company Mitsui & Co., Ltd. (“Mitsui”; head office: Tokyo; President and CEO: Tatsuo Yasunaga) announced its subsidiary, Mitsui & Co. Texas Chlor-Alkali, Inc. resolved to dissolve the business and will complete the liquidation as follows. 1. Company…