May 3, 2018

Lanco Infratech liquidation: IRP seeks NCLT’s direction; 270-day insolvency resolution deadline ends today – Firstpost

LiquidationBy Insolvency Advisory Accountants May 3, 2018

Lanco Infratech, currently under insolvency proceedings, today said its Resolution Professional (IRP) is approaching the National Company Law Tribunal (NCLT) seeking approval for “the company’s liquidation or any other direction” as “a potential buyer has come with a revised “resolution plan”. The revised plan had been submitted by Thriveni Earthmovers, a Tamil Nadu-based infra and…

The drama, passion and emotion of the 2001/02 Serie A title race – These Football Times (blog)

BankruptcyBy Insolvency Advisory Accountants May 3, 2018

It was the culmination of a fascinating and gripping title race that had it all: twists and turns, ups and downs, unpredictability, world-class talent, a fairytale story, and a final day destined to be monumental and unforgettable. Indeed, 5 May 2002 proved to be all that and more. It was a turning point in the…

Q&A: Cambridge Analytica’s bankruptcy won’t halt probes – Phys.Org

BankruptcyBy Insolvency Advisory Accountants May 3, 2018

In this April 18, 2018, file photo, a graphic from Cambridge Analytica’s Twitter page is displayed on a computer screen in New York. A published report said the data firm at the center of Facebook’s privacy debacle is closing its doors. (AP Photo/Mark Lennihan, File) The company at the center of the Facebook privacy scandal,…

VI Fitness locks doors at its eight Island gyms, files for bankruptcy – Times Colonist

BankruptcyBy Insolvency Advisory Accountants May 3, 2018

VI Fitness Centres members, trainers and staff showed up Wednesday to find the doors locked at its eight Island locations, and printed notices declaring the company is bankrupt. Spencer Salmond, five-year VI Fitness trainer at the University Heights location in Saanich, said he received emails from clients asking what was happening that morning. But nobody from…

Movers and shakers – economia

BankruptcyBy Insolvency Advisory Accountants May 3, 2018

News Danny McCance 3 May 2018 04:17pm A round-up of this week’s appointments, promotions, board moves and resignations … Read the full article at: https://economia.icaew.com/en/news/may-2018/movers-and-shakers-3-may

Q&A: Cambridge Analytica’s bankruptcy won’t halt probes – The Killeen Daily Herald

BankruptcyBy Insolvency Advisory Accountants May 3, 2018

LONDON (AP) The company at the center of the Facebook privacy scandal, political consultancy Cambridge Analytica, is going out of business. But that doesn’t mean those behind the entity will escape the scrutiny of regulators. As authorities continue to investigate the use of the data of millions of people, here’s a look at what the…

3 ways to get other people to pay off your student loans – CNBC

Debt HelpBy Insolvency Advisory Accountants May 3, 2018

Currently, just 4 percent of employers offer student debt assistance. But that’s changing as more employers come to realize education debt is a problem for many of their workers, said Katie Berliner, account executive at YouDecide, a benefits firm. “In order to attract and retain talent, employers are looking at offering contributions to people’s student…

IRP seeks NCLT’s direction’on Lanco Infratech’s liquidation – Moneycontrol.com

BankruptcyBy Insolvency Advisory Accountants May 3, 2018

Lanco Infratech, currently under insolvency proceedings, today said its Resolution Professional (IRP) is approaching the NCLT seeking approval for”the company’s liquidation or any other direction”as”a potential buyer has come with a revised “resolution plan”. The revised plan had been submitted by Thriveni Earthmovers, a Tamil Nadu-based infra and mining firm, on Tuesday as the creditors…

BRIEF-Lanco Infratech Says Did Not Get Committee Of Creditors’ Nod for Resolution Plan – Reuters

LiquidationBy Insolvency Advisory Accountants May 3, 2018

May 3 (Reuters) – Lanco Infratech Ltd: * RESOLUTION PLAN SUBMITTED BY THRIVENI EARTHMOVERS WAS PRESENTED BY RESOLUTION PROFESSIONAL FOR APPROVAL OF COMMITTEE OF CREDITORS * SAYS ON ACCOUNT OF LESS THAN 75 PERCENT OF VOTES BEING CAST IN FAVOR, APPROVAL OF COC COULD NOT BE OBTAINED * AS CORPORATE INSOLVENCY RESOLUTION PERIOD EXPIRES ON…

UN financing forum sees focus on debt relief for vulnerable Caribbean nations – Devex

Debt HelpBy Insolvency Advisory Accountants May 3, 2018

United Nations Secretary-General António Guterres (center) observes the local relief effort in Salybia, Dominica, and meets with local authorities and community members during a multi-sector distribution effort alongside Roosevelt Skerrit (right), prime minister of Dominica. Photo by: Rick Bajornas / U.N. / CC BY-NC-ND UNITED NATIONS Concern over debt vulnerability and risks for small island developing…

Daily Archives: May 3, 2018