Business 19 September 2016by Erikka Askeland North-east accountancy firm Johnston Carmichael has poached a senior manager from PricewaterhouseCoopers (PWC) to boost its restructuring team in Aberdeen. Richard Bathgate, qualified insolvency practitioner, has been appointed as a director of restructuring at Johnston Carmichaels Aberdeen office, reporting to head of restructuring, Matt Henderson. Mr Henderson said: This…
SEOUL, Sept. 19 (Yonhap) — The former chief of Tonyang Group, who was convicted of selling fraudulent investment products (CPs), was declared bankrupt by a local court on Monday. The Seoul Central District Court said it ruled in favor of the plaintiffs who filed a petition in December 2015, after being deceived into buying fraudulent…
Riyadh- Saudi companies whose losses exceed 50% of their capital now have seven months only before being completely liquefied. Administrations of these companies are taking serious steps to enhance their financial conditions. Asharq al-Awsat newspaper was informed that the majority of these companies will depend on decreasing or increasing their capital. These updates coincide…
SEOUL, Sept. 19 (Yonhap) — The former chief of Tonyang Group, who was convicted of selling fraudulent investment products (CPs), was declared bankrupt by a local court on Monday. The Seoul Central District Court said it ruled in favor of the plaintiffs who filed a petition in December 2015, after being deceived into buying fraudulent…
The core assets of the insolvent KVV Liepajas Metalurgs metallurgy company should be sold as a whole, the companys insolvency administrator Guntars Koris said LETA. He said that the next step in the companys insolvency process would be inventory of its fixed assets and their evaluation. As the Privatization Agency has been doing that earlier,…
SEOUL, Sept. 19 (Yonhap) — The former chief of Tonyang Group, who was convicted of selling fraudulent investment products (CPs), was declared bankrupt by a local court on Monday. The Seoul Central District Court said it ruled in favor of the plaintiffs who filed a petition in December 2015, after being deceived into buying fraudulent…
A cyclist rides past Google Inc. signage near the entrance to the Googleplex headquarters in Mountain View, California. Photographer: Michael Short/Bloomberg YOUVE probably never heard of her but shes one of the most powerful women in Silicon Valley. Shes known for her grit and toughness which is lucky because she is tasked with bringing discipline…
China ‘draws up restructuring plans’ for Bohai Steel | Asian Legal Business Financial authorities in the city of Tianjin plan to convert a portion of debt-stricken Bohai Steel Group’s liabilities into bonds, according to rescue plans drawn … Read the full article at: http://www.legalbusinessonline.com/news/china-draws-restructuring-plans-bohai-steel/73187
ANY COMPANY CAN ISSUE two types of stock common stock and preferred stock. It may elect to issue common stock alone, but it can only issue preferred stock after or simultaneously with the issuance of the first tranche of common stock. Related articles This is because the common stockholders of the company are the basic…