By Jarrett Renshaw Senator Cruz heads to bankrupt PA refinery for rally against biofuels policy Philadelphia (Reuters) – Republican Senator Ted Cruz of Texas will speak at a rally against the U.S. Renewable Fuel Standard (RFS) on Wednesday hosted by bankrupt refiner Philadelphia Energy Solutions Inc – a company that blames the controversial biofuels policy…
I would get letters from the banks which made me feel so sick Id hide them in the wardrobe and ignore them, says Beth Rees, who lives with borderline personality disorder. I couldnt sleep for days at a time because I was worrying about what I was going to do. Rees, from Cardiff, is one…
MUMBAI: Four years after Jatin Mehta of Winsome Diamonds and Jewellery duped banks of Rs 7,000 crore, lenders have now initiated corporate insolvency process against the firm. The Ahmedabad NCLT gave a green light to initiate bankruptcy on 13th February and Sunit Shah has been named the interim resolution professional. Creditors have been asked to…
I would get letters from the banks which made me feel so sick Id hide them in the wardrobe and ignore them, says Beth Rees, who lives with borderline personality disorder. I couldnt sleep for days at a time because I was worrying about what I was going to do. Rees, from Cardiff, is one…
Share this: Bulgarian President Roumen Radev vetoed on February 21 a bill amending the Bank Insolvency Act, arguing that some of the provisions had retroactive effect, which breached the principle of the rule of law. The president supports the efforts of the National Assembly for greater efficiency in defending the public interest in bank insolvency,…
Milan (AFP) – AC Milan owner Li Yonghong has dismissed reports that he has been declared bankrupt in China as “fake news”. AC Milan owner Li dismisses bankrupt reports as ‘fake news’ Chinese businessman Li — who purchased the Italian club for 740 million euros ($911 million) in April 2017 — was responding to reports…
Milan (AFP) – AC Milan owner Li Yonghong has dismissed reports that he has been declared bankrupt in China as “fake news”. AC Milan owner Li dismisses bankrupt reports as ‘fake news’ Chinese businessman Li — who purchased the Italian club for 740 million euros ($911 million) in April 2017 — was responding to reports…
Nicolette Van Wijngaarden from Unique Estates, which is being investigated by NSW Fair Trading. THE future of one of Australias top prestige property agencies is in doubt, with an insolvency firm stepping in to manage the business while it is investigated by the trading watchdog. McGrath Nicol has been appointed joint manager of Unique Estates…
DOZENS of local businesses have been left reeling after Mandurah building company Cole Building Pty Ltd went into liquidation last month. Trading as Colista Homes and Colista Constructions, the company went into liquidation on January 31. Steven Kugal from the Insolvency Experts was appointed as the liquidator. More than 50 businesses are on the creditors…
After six months of painstaking insolvency proceedings and due diligences, the beleaguered Essar Steel received just two bids last week, from ArcelorMittal and Numetal Mauritius. And now it looks as though the tug-of-war between steel king LN Mittal and the Ruias may end up seeing no winner because the legal and financial consultants advising the…