Travel company collapses into voluntary administration, with 40 employees and up to 15000 customers affected – SmartCompany.com.au

A Gold Coast company that offered heavily discounted travel packages to its members has collapsed into voluntary administration and ceased trading. More than 15,000 members of Australian Escapes could be affected by the businesss collapse, including some who are currently travelling overseas, as well as approximately 40 employees, according to the Gold Coast Bulletin. However,…

Capital Markets Union and the European monetary and financial framework – EU News

Keynote speech by Vítor Constâncio, Vice-President of the ECB, at Chatham House, London, 21 March 2016 Ladies and gentlemen, A well-functioning, diversified and deeply integrated capital market is of key relevance for the European Central Bank. This explains why we have supported the European Commissions initiative to establish a capital markets union (CMU)…

Infracon liquidation results in Tararua council netting $750k – Manawatu Standard

DAVID UNWIN / FAIRFAX NZ A total of 220 workers lost their jobs when council-owned construction company Infracon went into liquidation. The liquidation of a multi-million-dollar roading construction company, which saw 220 people lose their jobs, is expected to end with all debts paid. Infracon was placed into liquidation in August 2014 by its two owners, Tararua and Hawke’s Bay…

Pannone Corporate expands real estate team with double appointment – Manchester Evening News

Law firm Pannone Corporate has expanded its real estate team with two appointments. James Wynne will join the firm as a partner from Shoosmiths Manchester office where he was also a partner. James has a wealth of experience advising high profile clients operating in the logistics, leisure, industrial and student accommodation sectors. He advises on…

Controversial Bulgarian MP pulls out of deal to buy insolvent fertiliser plant – The Sofia Globe

Share this: Delyan Peevski said on March 21 2016 that he was pulling out of the planned acquisition of an insolvent fertiliser plant and abandoning future business ventures, blaming the unjustified political pressure and continued media campaign against me for his decision. Peevski best known in Bulgaria as the media mogul whose short-lived appointment as…

Court puts Morocco oil refiner Samir into liquidation – company source, media – Reuters Africa

RABAT (Reuters) – A Moroccan court has placed the country’s only oil refiner Samir into liquidation and named an independent trustee, a company source and local media said on Monday. Samir has 10 days to lodge an appeal against the decision, business news website Medias24 reported. The company said it had no immediate comment. Samir,…