A slick concept – Bangkok Post

“When the company needs to get out of the crisis, we need a collaboration from all staff,” said Mr Chaiwat. TAWATCHAI KEMGUMNERD In some organisations, executives are expected to conjure up solutions to challenges based on the force of their personality alone. But Chaiwat Kovavisarach, president and chief executive of SET-listed and mostly state-owned Bangchak…

Shakuhachi liquidation shows almost $1 million owed to creditors – The Sydney Morning Herald

A scroll through the Instagram profile of Australian fashion designer Jessica White reveals a charmed life in sunny Bali, replete with cocktails, waterfront parties and an enviable wardrobe. But back home things aren’t so sunny for more than 80 creditors to her company who remain empty-handed since Ms White left Australia potentially owing almost $1…

RPT-DEALTALK-Brazil banks use M&A to resolve complex restructuring cases – Business Insider

(Repeats March 8 story for wider distribution. (For more Reuters DEALTALKs, click )) By Tatiana Bautzer SAO PAULO, March 8 (Reuters) – Brazil’s largest banks are increasingly demanding that companies put themselves up for sale as a condition to cut loan principal amounts, providing a jolt to an otherwise weak M&A climate in Latin America’s…

Cal Dive International Bankruptcy Liquidation Approved – Bankrupt Company News (press release) (blog)

Advertisement The U.S. Bankruptcy Court approved Cal Dive International motion to convert its Chapter 11 reorganization proceeding to a liquidation under Chapter 7. As previously reported, the Company had argued, As oil prices dropped, so did the appetite for oil and gas companies to drill offshore. This precipitous decline in the industry, in turn, caused…

Liquidation to box-office hits: How this South African animation company did it – How we made it in Africa

Stuart Forrest speaking at the launch of the 2017 Entrepreneur of the Year award in Cape Town. Triggerfish Animation Studios is a South African film and entertainment animation company which produced the award-winning feature films Adventures in Zambezia and Khumba. It has also recently created the animation for Roald Dahls Revolting Rhymes TV series, which premiered…