NEW YORK–(BUSINESS WIRE)–Gleacher & Company, Inc. (OTC Pink: GLCH) (the Company) announced today that the Board of Directors has determined to make a fifth liquidating distribution to Company stockholders in the amount of $0.80 per share of the Company’s common stock (approximately $4.95 million in the aggregate). The record date for this distribution is July…
The Gujarat High Court will on Friday hear Essar Steels petition for staying the insolvency proceedings against the company over a plea submitted by its lenders at the National Company Law Tribunal (NCLT). Adjourning the hearing till July 7, the high court’s single-judge bench had asked the Reserve Bank of India (RBI) to…
The Inverness Sherriff Court handed an eight year disqualification to Donald Cameron, 37, while his fellow director Steven Cameron, 36, signed an undertaking agreeing not to run or control a company for seven years. Both were directors of Highland Groundworks Limited. In April 2015 Highland Groundworks went into liquidation with liabilities of £41,786. Steven…
It certainly hasn?t been a great end to the week for the Compumedics Limited (ASX: CMP) share price. In afternoon trade the medical device company?s shares are down 19% to 51 cents. Why have its shares dropped? This morning Compumedics provided the market with an update on its performance for the 12 months ending June 30 2017. As you…
NOIDA: Buyers of Jaypee Wish Town have started an online petition directed to the management of the Industrial Development Bank of India (IDBI), seeking amnesty for Jaypee Infratech from an impending declaration of bankruptcy. The appeal harps that invested buyers should not have to bear the brunt of Jaypee’s financial situation. The campaign, floated on…
Clear your debt and avoid extra costs with a 0% balance transfer credit card with no balance transfer fees. If youre determined to clear your credit card debt, a 0% interest balance transfer credit card can help you do so without having to pay any additional interest. But if you really want to minimise your…
For some, it was The Art of the Steal. Hundreds of people swarmed the lobby of Atlantic City’s Trump Taj Mahal casino on Thursday, hoping to score big. But they weren’t gamblers. They were bargain hunters searching for rock-bottom deals at a liquidation sale of the contents of the ostentatious casino that Donald Trump built…
The slow and painful demise of Jawbone is finally coming to an end, as yet another effort to rejuvenate the business is beginning under a familiar name. After a multi-year struggle to maintain relevance in the consumer wearable market, Jawbone is now liquidating and thanks to an injection of capital from a new, unnamed investor,…
Jawbone is reportedly going out of business. Sarah Tew/CNET It might be time to say goodbye to Jawbone. The electronics company, known for its fitness trackers and portable speakers, has started liquidation proceedings after years of financial struggle, The Information reported on Thursday. A notice sent to creditors reportedly said the company entered into insolvency…
Hosain Rahman, CEO and co-founder of Jawbone. REUTERS/Rick Wilking Jawbone, the company that made fitness trackers and Bluetooth speakers, is liquidating its assets, according to a source familiar with its plans, marking the latest casualty in the once-promising wearable device market. Jawbone founder and CEO Hosain Rahman has started a new company called Jawbone Health Hub,…