SB360 Capital Partners Unveil New Liquidation And Asset Realization Platform – PR Newswire (press release)

In addition to liquidation and asset realization services, SB360 provides financing solutions for mid-market companies, and advisory services for retail and wholesale businesses and lenders. Other business units of SB360 focus on real estate advisory and commercial real estate investments, as well as operating SBC Logistics’ Asset Recovery Center in Columbus, Ohio. SB360 operates from…

BRIEF-India’s Alok Industries Says Application Filed With NCLT For Liquidation of Co – Reuters UK

April 16 (Reuters) – Alok Industries Ltd: * SAYS APPLICATION HAS BEEN PREFERRED BY RESOLUTION PROFESSIONAL FOR LIQUIDATION OF COMPANY * ALOK INDUSTRIES SAYS APPLICATION FILED WITH NATIONAL COMPANY LAW TRIBUNAL AT AHMEDABAD ON APRIL 16 Source text for Eikon: bit.ly/2H4u1NG Further company coverage: (Mumbai newsroom) Read the full article at: https://uk.reuters.com/article/brief-indias-alok-industries-says-applic/brief-indias-alok-industries-says-application-filed-with-nclt-for-liquidation-of-co-idUKL3N1RT4WU

German Finance Minister: Greek Debt Relief Must be Tied to Growth Plan – Greek Reporter

German Finance Minister Olaf Scholz Any debt-relief measures for Greece will be discussed only after Athens presents a credible program that focuses on growth, German Finance Minister Olaf Scholz has said. The German finance minister, interviewed in Sundays Frankfurter Allgemeine Zeitung, said Berlins position and the position of his predecessor, Wolfgang Schaeuble was that any Greek…

Bertucci’s Files for Chapter 11 Restructuring for Future Growth – PR Newswire (press release)

The transaction is intended to maximize value for all stakeholders through a fair, open Bankruptcy Court-approved sale process in which Bertucci’s will consider all bids for a sale or restructuring of the company. As part of the bankruptcy filing, Bertucci’s has sought Bankruptcy Court approval for the consensual use of cash collateral and $4 million…

Updates on Corporate Insolvency Resolution Process – Hindu Business Line

Alok Industries Ltd has informed BSE that the Corporate Insolvency Resolution Process for the Company expired on April 14, 2018 and the Resolution Professional has not received the approval of the Committee of Creditors for Resolution Plans within the time period prescribed under the Insolvency and Bankruptcy Code, 2016. Pdf Link: Updates on Corporate Insolvency…

Noble Group sweetens debt restructuring deal, gets founder’s backing – Reuters

SINGAPORE (Reuters) – Noble Group (NOBG.SI) improved the terms of its controversial $3.4 billion debt restructuring deal and won the support of its biggest shareholder as the commodity trader seeks to complete the vital transaction. FILE PHOTO – A Noble Group sign is pictured at a meet-the-investors event in Singapore August 17, 2015. REUTERS/Edgar Su/File…

Noble Group sweetens debt restructuring deal, gets founder’s backing – Reuters

SINGAPORE (Reuters) – Noble Group (NOBG.SI) improved the terms of its controversial $3.4 billion debt restructuring deal and won the support of its biggest shareholder as the commodity trader seeks to complete the vital transaction. FILE PHOTO – A Noble Group sign is pictured at a meet-the-investors event in Singapore August 17, 2015. REUTERS/Edgar Su/File…