Boris Becker says he doesn’t feel German any more and wants to be buried in his “home” – Wimbledon. The three-time Wimbledon champ, who was this year declared bankrupt, was born and raised in Leiman, Germany, but has lived in London for several years. He currently lives just 2,300 steps away from the All England…
ST. PAUL, Minn.–(BUSINESS WIRE)–Patterson Companies, Inc. (Nasdaq: PDCO) today reported consolidated net sales of $1.4 billion (see attached Sales Summary for further details) in its fiscal second quarter ended October 28, 2017, a decline of 2.3 percent compared to the same period last year. Adjusting for the effects of currency translation, sales declined 2.8 percent,…
One of Zetta Jets lessors and customers will provide up to $8.5 million in loans to help it restructure and exit Chapter 11 bankruptcy protection. The loan has been provided by Scout Aviation, a lessor, owned by financier Nathanial Rothschild. Scout is now officially known as a stalking-horse bidder and will compete against other companies…
World Rugby has denied a claim by the Samoan Rugby Union (SRU) that they are bankrupt and have promised to continue to back development of the sport in the Pacific Islands. Samoan rugby was declared bankrupt by Prime Minister and SRU chairman Tuila’epa Sailele Malielegaoi before the team faced Scotland on Saturday (November 11). However…
OXFORD East MP Anneliese Dodds has backed Citizens Advice Oxfords campaign to stop residents getting mired in debt despite temptations from Black Friday this week followed by Christmas. The charity is encouraging people to think carefully about how they will spend before they start their Christmas shopping, while Black Friday, when retailers traditionally bring in…
On 07 November 2017, the Insolvency and Bankruptcy Board of India (IBBI) amended: (A) The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations) and (B) The Insolvency and Bankruptcy Board of India (Fast Track Insolvency Resolution Process for Corporate Persons) Regulations, 2017 (Fast Track CIRP Regulations), issued…
SHANGHAI China Huishan Dairy Holdings, the Hong Kong-listed firm targeted by short sellers, including Muddy Waters Capital, is preparing for provisional liquidation in a move that could protect its assets as it negotiates with creditors. The firm had told its Cayman legal advisers to make the preparations, it said in a Hong Kong stock exchange…
ATM operator Stargroup, which had plans to convert its some of its machines to digital currency Bitcoin, is trading as normal despite going into administration. This week Richard Tucker and John Bumbak of insolvency experts KordaMentha Restructuring were appointed as receivers and managers. The companys latest annual report showed debt of $9.1 million. Today Goldfields…
November 20, 2017 20:50 ET | Source: Quest Rare Minerals Ltd. MONTREAL, Nov. 20, 2017 (GLOBE NEWSWIRE) — Quest Rare Minerals Ltd. (the “Company” or “Quest”) announced that on November 16, 2017, the Superior Court of Québec granted Quest Rare Minerals motion for an extension of the delay to file a proposal pursuant…
The logo of BYD is seen on a car presented at the Auto China 2016 auto show in Beijing, April 29, 2016. [Photo/Agencies] China’s electric vehicle and battery maker BYD Co Ltd will restructure its businesses to increase competitiveness amid growing competition from rivals. Through the effort, it aims to bring its sales revenue to…