Coolamon Sport and Recreation Club pledged $16000 by community intent on keeping it afloat – Daily Advertiser

The Coolamon community has rallied behind its embattled sport and recreation club, pitching in $16,000 to keep it afloat. On Tuesday The Daily Advertiser revealed the club was on the edge of falling into voluntary administration, after board members were told more than $360,000 was owed to creditors and police were investigating missing funds from the clubs Keno facilities.…

SoLocal Group: Additional Information Concerning the Draft Revised Financial Restructuring Plan – Business Wire (press release)

BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: SoLocal Group (Paris:LOCAL): Independent expert The Notice of the Extraordinary General Meeting of 15 December 2016 was published today. In preparation for this Meeting, the Board of Directors of SoLocal Group has appointed the firm Didier Kling & Associés as an independent expert, to give an opinion on the fairness of…

Romanian energy producer Complexul Energetic Hunedoara exits insolvency – Romania-Insider.com

Romanian state-owned energy complex Complexul Energetic Hunedoara will exit insolvency after the Alba Iulia Court of Appeal decided yesterday to cancel the decision of the Hunedoara Court from June, which approved the companys insolvency. The decision of the Alba Iulia Court of Appeal is final. The insolvency house GMC SPRL Craiova, which has managed the…

Russian court refuses to recognize JFC ex-CEO Kekhman’s bankruptcy in UK – RAPSI

09:56 09/11/2016 MOSCOW, November 9 (RAPSI) – The Commercial Court of North-West District has upheld a lower courts decision refusing to recognize ex-CEO of JFC Group Vladimir Kekhmans bankruptcy, declared by the High Court of London, valid in Russia, according to court records. On August 3, the   St. Petersburg Commercial Court ruled that Kekhman…

Three out of four companies in FMCG sector risk insolvency in next 12 months (study) – ACTmedia

Wednesday, November 9, 2016 Three out of four companies in the consumer goods sector (FMCG) have above average insolvency risk in the next 12 months, according to a market analysis presented by Coface and EY. According to the document Analysis of consumer goods with big circulation speed (FMCG)made by the international credit insurance company Coface…

Russian court refuses to recognize JFC ex-CEO Kekhman’s bankruptcy in UK – RAPSI

09:56 09/11/2016 MOSCOW, November 9 (RAPSI) – The Commercial Court of North-West District has upheld a lower courts decision refusing to recognize ex-CEO of JFC Group Vladimir Kekhmans bankruptcy, declared by the High Court of London, valid in Russia, according to court records. On August 3, the   St. Petersburg Commercial Court ruled that Kekhman…