China Relaxes Asset Restructuring Rules for Listed Firms – Caixin Global

Chinese regulators are moving to relax restrictions on merger and acquisition deals involving listed companies in a bid to allow them to improve businesses through asset restructuring amid slowing economic growth. The China Securities Regulatory Commission (CSRC) Thursday issued a draft revision of rules regarding listed companies asset restructuring to seek public comments until July…

Laseta Mushrooms and production company Champworld bankrupt – FreshPlaza.com

The mushroom sector has been under pressure for years. The latest victims of the competitive struggle are sales company Laseta Mushrooms and mushroom production company Champworld of Ad and Anja Peffer from Ammerzoden, the Netherlands. The court of Zutphen recently declared both companies bankrupt. Mr C.G. Klomp of Bierman Advocaten has been named the trustee…

Former co-owner of Sovetsky bank loses application against Tatfondbank ex-chair – RAPSI

11:26 20/06/2019 MOSCOW, June 20 (RAPSI) The Commercial Court of St. Petersburg and Leningrad Region has dismissed a claim for vicarious liability filed by a former co-owner of Sovetsky bank against the banks ex-board chair Robert Musin and two other top managers of the financial organization, according to court records. Vladimir Mitrushin has also asked…