HONG KONG (Reuters) Noble Group Ltd <NOBG.SI> warned on Monday that it would begin insolvency proceedings if the beleaguered commodity traders $3.4 billion (£2.4 billion) debt restructuring proposal was not approved by shareholders. Nobles debt restructuring process is seen as critical for the firms survival. But the deal has been opposed by some bondholders and…
Former rugby league star Jarrod McCracken has been handed a $5000, two-year good behaviour bond for leaving the country while bankrupt. McCracken, 47, appeared in Brisbane Magistrates Court on Monday where he pleaded guilty to three charges of leaving Australia, and one of preparing to leave Australia, while an undischarged bankrupt. Former league star Jarrod…
HONG KONG (Reuters) – Noble Group Ltd (NOBG.SI) warned on Monday that it would begin insolvency proceedings if the beleaguered commodity traders $3.4 billion debt restructuring proposal was not approved by shareholders. Nobles debt restructuring process is seen as critical for the firms survival. But the deal has been opposed by some bondholders and shareholders,…