Bayer Faces Mounting Weedkiller Lawsuits Amid Sweeping Restructuring – The Wall Street Journal

LEVERKUSEN, GermanyBayer AG said the number of plaintiffs suing over its weedkillers had risen by another 1,900 over the last three monthsadding legal pressure on the German pharmaceuticals and chemicals company as it navigates a broad restructuring of its businesses. The company, which makes drugs such as Aspirin, chemicals and seeds, also reported a net…

Southern Online Bio Technologies Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

27-02-2019ToThe GMDepartment of Corporate Services,BSE Limited,Mumbai.Dear Sir,Sub: Outcome of 5th CoC Meeting of M/s. Southern Online Bio Technologies Limited scheduled on 27th February, 2019.With reference to the subject cited above, I would like to inform you that the following matters are the outcome of the 5th Committee of Creditors Meeting of M/s. Southern Online Bio…

Few trade bodies able to lead restructuring: Foo Mee Har – The Straits Times

There are not enough trade associations and business chambers capable of leading their industries in transformation efforts, Ms Foo Mee Har (West Coast GRC) said in Parliament yesterday. These industry federations are expected to play a pivotal role in economic restructuring through the 23 industry transformation maps. But the task for these federations to make…

Sporties Dubbo creditors vote to place company into liquidation – Daily Liberal

UPDATE: Creditors have voted to place Sporties Dubbo into liquidation, the administrators say. The decision was made at a meeting of creditors held at Dubbo on Wednesday. It comes just over three months since the Erskine Street venue entered voluntary administration. Aaron Lucan and Graeme Beattie, partners of Worrells Solvency and Forensic Accountants NSW &…

Former AFL boss Andrew Demetriou grilled in court about $145m Acquire Learning collapse – ABC News

Crown Resorts director and former AFL chief executive Andrew Demetriou has been grilled in court over the $145 million collapse of education group Acquire Learning. Key points: Andrew Demetriou was paid $75,100 a month and $1.6m in shares for chairing an advisory board for Acquire Learning Acquire Learning went into administration in May…

Panel of creditors votes against forensic audit of Jaypee accounts – Hindustan Times

Jaypee Infratech Limited Committee of Creditors (COC) rejected the demand of a forensic audit of accounts of the company, in a voting, the results for which were announced on Tuesday. Homebuyers had been demanding an independent audit for some five years, to determine why Jaypee Infratech failed to finish the housing projects despite buyers having…