Upcoming negotiations over the future of Macaus six casino concessionaires and the special administrative regions links to organized crime may have negative impact on a promising year for the city, risk mitigation expert and business consultant Steve Vickers said earlier this week. Mr. Vickers is CEO of Steve Vickers Associates, a company specializing in risk…
SAI has branches in Worcester, Hereford and Northampton, while BM operates across London and the South East. The new merged company will be called Benedict Mackenzie. Company director Sanjay Swarup said: The combined entity of BM and SAI brings together more than 20 years of experience of providing insolvency and advisory services. The scale will…
Binani Cement owes close to Rs3,042.93 crore to a consortium of lenders. Photo: Mint Mumbai: At least two lenders of Binani Cement Ltd, currently undergoing insolvency proceedings, have moved the appellate bankruptcy tribunal after the insolvency resolution professional (IRP) rejected their claims on corporate guarantees worth Rs2,000 crore issued by the company to some subsidiaries…
SOFIA (Bulgaria), January 12 (SeeNews) – Bulgaria’s central bank said it granted an approval to the local branch of French bank BNP Paribas Personal Finance S.A. to succeed the rights and obligations of Sofia-based BNP Paribas Personal Finance EAD as part of the company’s restructuring plan in Bulgaria. The new branch will succeed the consumer…
Government and stakeholders are meeting over Carillion’s future (PA) Carillion knocked back over business plan as crunch meeting looms Independent.ie The crisis at Carillion looks set to deepen after it emerged that lenders to the construction giant effectively rejected a rescue plan proposed by the debt-laden group. https://www.independent.ie/world-news/carillion-knocked-back-over-business-plan-as-crunch-meeting-looms-36482070.html https://www.independent.ie/world-news/article36482069.ece/25d1e/AUTOCROP/h342/ipanews_c5bf7bf5-ff0a-4e19-85b7-2e7c1d46769c_1 Email The crisis at Carillion looks…
Around eight million people in the UK regularly miss bill repayments or feel overwhelmed by their debts. Yet despite the reality, just one in five seek advice for it . According to the Money Advice Service, 10% of the population could be suffering in silence with serious money problems, with young adults, people who rent…
Fri, Jan 12, 2018 – 8:15 PM INVESTMENT holding company k1 Ventures Limited (k1) announced on Friday that it intends to undertake a proposed members’ voluntary liquidation of the company. This comes after k1 completed the disposal of its entire interests in Chicago-based financial services and investment management holding company Guggenheim Capital for approximately US$221…
Buy Photo DocuTap in downtown Sioux Falls, S.D., Tuesday, June 7, 2016.(Photo: Emily Spartz Weerheim / Argus Leader)Buy Photo A health technology firm in Sioux Falls laid off multiple employees Wednesday. DocuTap confirmed the layoffs Thursday, although it didn’t confirm the number of employees who lost their jobs. “We did do a strategic restructuring yesterday,”…
IVRCL was locked at 5% upper circuit at Rs 6.45 at 15:00 IST on BSE, with the stock extending surge triggered by the company announcing that its lender, State Bank of India has initiated corporate insolvency resolution process against the company. The announcement was made during market hours yesterday, 11 January 2018. The stock…
Jan 12 (Reuters) – Indias National Company Law Tribunal (NCLT) has ordered liquidation of Gujarat NRE Coke Ltd after the companys debt resolution plans failed. The Kolkata bench of the NCLT, the designated court for bankruptcy cases, on Thursday passed the order, which was filed with the stock exchanges on Friday. NCLT-appointed liquidator will first…