Telehop Announces Completion of Restructuring of Capital … – Business Wire (press release)

TORONTO–(BUSINESS WIRE)–Telehop Communications Inc. has completed its agreement with its debenture holders to effect a partial conversion into common shares, reduce the interest rate on the remaining balance and extend the final maturity date. The particulars of the restructuring are as follows: 1. That effective on Dec. 31, 2016, the interest rate on the debentures…

North Devon Theatres Trust goes into administration – News – North … – North Devon Gazette

13:07 23 January 2017 Tony Gussin The Queen’s Theatre in Barnstaple. Archant The Queens Theatre in Barnstaple and the Landmark in Ilfracombe are closed until further notice as the theatres trust goes into voluntary administration … Read the full article at: http://www.northdevongazette.co.uk/news/north_devon_theatres_trust_goes_into_administration_1_4859420

RBI to set up corporation for insolvency resolution in the financial sector – Livemint

Mumbai: The central bank is working on setting up a financial sector resolution corporation, said N.S. Vishwanathan, deputy governor, Reserve Bank of India (RBI). We have discussed with the government the shape this corporation will take. Its purpose is to not only provide insurance to financial companies but also to provide resolution, Vishwanathan said at…

Early promise runs aground – Armidale Express

November 1858. The Austro-Hungarian Imperial Navy frigate SMS Novara visits Sydney as part of a two-year, round-the-world scientific expedition intended to advance science while promoting Austro-Hungarian prestige. On board was the Austrian economist and ethnologist Karl Scherzer. During the ships brief stay, Scherzer made the acquaintance of Wilhelm Kirchner, being entertained at the Kirchner home…