CALGARY, Alberta, Oct. 31, 2017 (GLOBE NEWSWIRE) — PRD Energy Inc. (“PRD” or the “Company“) is pleased to provide an update on the status of its liquidation and the anticipated timing of its dissolution. PRD is currently dissolving its German subsidiaries, disposing of all its other assets that are not to be distributed in kind…
TORONTO, Oct. 31, 2017 /CNW/ – LWP Capital Inc. (formerly “Legumex Walker Inc.“) (“LWP” or the “Company“), by KSV Advisory Inc. in its capacity as the Court-appointed liquidator of LWP (the “Liquidator“), today announced that shareholders as of November 8, 2017 (the “RecordDate“) will be entitled to receive an interim distribution (the “Second Interim Distribution“) made…
ANCHORAGE (KTUU) – Police in Anchorage are asking for help from the public in identifying a man who threatened a couple with a handgun. According to a release issued by the Anchorage Police Department, two unidentified men went to a home on the 4800 block of Snow Circle on Saturday “in an attempt to collect…
Khushru Jijina, managing director of Piramal Finance and Piramal Housing Finance Ltd, will head Piramal Capital. Photo: Aniruddha Chowdhury/Mint Bengaluru: Piramal Enterprises Ltd is restructuring its financial services business by consolidating its real estate and non-real estate financing arms and the newest housing finance business under a single new entity, Piramal Capital, to offer end-to-end…
The High Court has approved a personal insolvency arrangement for a Waterford couple, blocking an attempt by the investment fund which acquired their mortgage to repossess the family home. Shoreline Residential, an affiliate of vulture fund Lone Star, had vetoed an insolvency arrangement presented at a creditors’ meeting and was seeking to repossess the couple’s…
SolarWorld hailed tariff recommendations issued Tuesday by federal trade commissioners, even though the proposed tariffs are less than half what another solar manufacturer had sought. “We are pleased that a bipartisan majority of the Commission has recommended tariffs, tariff-rate quotas and funding for the domestic industry,” SolarWorld chief executive Juergen Stein said in a written…
By Gayathree Ganesan Under Armour profit hit by restructuring charge (Reuters) – Under Armour Inc <UAA.N> slashed 2017 forecasts and reported its first quarterly fall in revenue since going public on Tuesday, as the sportswear firm struggled to make inroads against global rivals Nike <NKE.N> and Adidas <ADSGn.DE>. Shares of the maker of Stephen Curry…
Deco, Portugal’s leading consumer association, has received requests for help in dealing with debt problems from 26,080 families so far this year, 50 more than in the same period of 2016, the group said on Tuesday. Of the total approaches made to it in the period 1 January to 25 October, however, Deco has been…
The single currency plunged as Bloomberg published a report claiming the Greek government is planning a radical restructure of its huge £26.2bn debt pile the management of which nearly led to Greece’s exit from the EU in 2014. Two senior bankers – who did not wish to named – have said Greece is planning to…
LOS ANGELES, CA / ACCESSWIRE / November 1, 2017 / Spotlight Capital Holdings, Inc. (OTC PINK: SLCH) (“Spotlight” or the “Company”) today enthusiastically announced a substantial corporate restructuring intended to significantly enhance the Holding Company’s over-all future business plans, while maintaining its ability to execute on its existing core business model within the Entertainment industry.…