Daniels shopping complex in Hamrun is still open to the public after a court case ruled it as insolvent and ordered it to be closed down. In a statement, signed by lawyer Simon Micallef Stafrace, the Shareholders and the Directors of D.A. Holdings Limited said that they have appealed from the court…
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NWR’s bondholders have refused to extend the covenant waiver further and have declared the group in default of its debt obligations. By Robert Anderson in Prague April 25, 2016 Bondholders and majority owners of London-listed New World Resources (NWR) declared the Czech coalminer in breach of its debt convenants on April 25… Read the full article…