Late last year, the Grand Court of the Cayman Islands dismissed a winding up petition presented by the directors of China Shanshui Cement Group on the ground that they had no standing to present it. David Butler, partner at Harneys in the Cayman Islands, considers the options for restructuring in the absence of shareholder support.…
Late last year, the Grand Court of the Cayman Islands dismissed a winding up petition presented by the directors of China Shanshui Cement Group on the ground that they had no standing to present it. David Butler, partner at Harneys in the Cayman Islands, considers the options for restructuring in the absence of shareholder support.…
A gambling addict attacked his girlfriend with chocolate cake and choked her in a row over unpaid bills. Paul Prescott subjected his then-partner of more than six years to violence in their home after his betting habit landed him in debt. A court heard he became angry and threw cake at her face and into…
He stole the wallet and withdrew Dhs2,000 from his friends bank account A cleaner is accused of stealing his friends wallet in order to pay off gambling debt. Dubai Court of First Instance was told the 24-year-old Pakistani was a regular gambler and had lost money. On January 8 he stole the wallet and withdrew…
NEW YORK, July 1, 2016 /PRNewswire/ — Kirk Blair, a Deloitte Advisory partner with Deloitte Financial Advisory Services LLP, has been named Deloitte Advisory Corporate Restructuring Group leader. He succeeds William Snyder, who will leave Deloitte in July to pursue other ventures. View photo . “Our organization is committed to investing in and growing our restructuring…
The U.S. Senate gave solid approval on Wednesday to a relief plan to help Puerto Rico address its $70 billion debt, sending the measure to President Obama for his signing into law just ahead of a possible default by the U.S. territory on its next debt payment. The measure passed the Senate on a vote…
WELL thats it. Eight solid weeks of politicians saying a lot about nothing of which few listened or really believed. Cant and indifference. Politicians mouthing carefully chosen phrases they hoped would not become sound bites reducing a debate about the future – at arguably one of the most crucial points in this nations history –…
01 July 2016 Stefanie Garber View Comments The rise of litigation funding is the way of the future for corporate and in-house lawyers, writes Patrick Moloney. When British Telecom recently…
BOC’s restructuring exercise is aimed at seizing business opportunities under the China-advocated One Belt, One Road initiative. The Reuters photo shows Hong Kong Exchanges flag, Chinese national flag and Hong Kong flag outside the Hong Kong Stocks Exchange. KUALA LUMPUR: Bank of China Ltd (BOC) has kickstarted the restructuring of its Asean operations by selling…
SINGAPORE The sole breadwinner for her five schoolgoing children, Mdm Tan already struggles to manage the familys household expenses and bills with her monthly salary as an ad hoc sales promoter; she can hardly save for rainy days. But under a new Family Development Programme by the Methodist Welfare Services (MWS), the 34-year-old could receive…