The Independents4Change TD has hired a personal insolvency practitioner to write to AIB to see if the family home can be kept. He is also in the process of drafting a statement of affairs, which will be given to the court later this month. Mr Wallace is expected to fight efforts by vulture fund Cerberus…
Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Greece secured short-term debt relief from European creditors on Monday, AP reports. Short-term relief At a meeting of the 19 eurozone finance ministers in Brussels, Greeces creditors offered some immediate measures to ease the pressure on the Greek economy. That includes the smoothing…
The High Court has heard that Mick Wallace is trying to save his family home as part of proceedings to have him declared a bankrupt. Lawyers for the Independent TD have also revealed that he is looking at possible alternatives to bankruptcy. Promontoria Limited is an Irish subsidiary of Cerberus, which came to public attention…
The Supreme Court has granted leave to retired solicitor Brian ODonnell and his wife Dr Mary Patricia ODonnell to appeal the award of costs which was made against them in the High Court and the Court of Appeal, to be paid outside their bankruptcy estates. Chief Justice Denham, Justice Dunne, and Justice OMalley stated that…
General Mills says restructuring will cut 400-600 employees – Minneapolis / St. Paul Business Journal Please Sign In and use this article’s on page print button to print this article. … Read the full article at: http://www.bizjournals.com/twincities/news/2016/12/05/general-mills-to-cut-between-400-and-600-jobs.html
Cypress Prepares for the Future with Business Transformation PART 9 OF 15 By Paige Tanner | Dec 5, 2016 3:12 pm EST Restructuring aimed at cost savings Cypress Semiconductor (CY) is on track to improve its gross margin to its target model of 50% through restructuring and merger synergies. The company announced its restructuring plan immediately…
Shareholders at Independent News & Media (INM) have approved a capital restructuring that should pave the way for a resumption of dividends, after a stormy EGM in the Alexander hotel in Dublin. INM announced to the stock exchange, about two hours after the meeting closed on Monday afternoon, that two motions enabling a capital reduction…
The High Court has heard that Mick Wallace is trying to save his family home as part of proceedings to have him declared a bankrupt. Lawyers for the Independent TD have also revealed that he is looking at possible alternatives to bankruptcy. Promontoria Limited is an Irish subsidiary of Cerberus – which came to public…
NEW DELHI: The potential sale of Tata Steel UK’s Speciality Steel business to the Liberty House Group will help the embattled giant improve operational performance, Moody’s Investor Service said today. Last month, Tata Steel UK Holdings Ltd (TSUKH, a wholly- owned subsidiary of Tata Steel UK, announced that it had signed a letter of intent…
The Independents4Change TD has hired a personal insolvency practitioner to write to AIB to see if the family home can be retained. He is also in the process of drafting a statement of affairs, which will be given to the court later this month. The heavily indebted Wexford politician is expected to fight efforts by…