Some $11 mln withdrawn from Imexbank before declaring it insolvent – Interfax

2017-03-14T13:20+02:00 13:20 14.03.2017 Individuals’ loans, liquidity provision worth at least $11 million had been withdrawn from Imexbank (Odesa) a month before the bank was declared insolvent, according to the website of the Individuals’ Deposit Guarantee Fund. According to its data, the estimated value of the bank’s assets is less than 15% of the amount recorded…

Collapsed developer spells trouble for Waterford residents – The Sydney Morning Herald

Hundreds of new home owners have been left in limbo after the collapse of a land developer in Melbourne’s outer north-west. Developer Land Source Australia was placed in administration last year leaving residents of Waterford Estate unsure if key features of the estate parks, ovals and shopping centres promised by the developers will be delivered.…

Gujarat Fluorochemicals surges 4% on buzz of restructuring plans – Moneycontrol.com

Moneycontrol News Gujarat Fluorochemicals added 4.4 percent intraday on Tuesday on buzz of the company undergoing a rejig to enhance shareholder value. The company plans to make the companys structure a simpler one, sources have told CNBC-TV18. The focus will be on restructuring the chemical business and remove the holding company discount. As part of the…

Sungevity, Inc. Announces Plan To Strengthen Balance Sheet And … – Yahoo Finance

OAKLAND, Calif., March 13, 2017 /PRNewswire/ — Sungevity, Inc. (“Sungevity”), a technology-driven solutions provider, offering exceptional service and choice to residential and commercial solar energy customers, today announced that it has commenced voluntary Chapter 11 proceedings in U.S. Bankruptcy Court for the District of Delaware, in order to facilitate a financial and corporate restructuring to strengthen…