Newcastle tops the regional NSW list for personal insolvencies in December 2018 quarter – Newcastle Herald

Bankruptcy

news, local-news, NEWLY released statistics show Newcastle had the most new personal insolvencies for the December 2018 quarter in regional NSW, despitelevels falling across other parts of thenation. Statistics released by the federal governments Australian Financial Security Authority (AFSA) also feature Wyong, which the authority classifiesas part of greater Sydney region,as having a high number…

YRIV INVESTOR ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Yangtze River Port and Logistics Limited; Reminds Investors of Important March 4th Deadline – PRNewswire

Bankruptcy

NEW YORK, Jan. 31, 2019 /PRNewswire/ –Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited from February 2, 2016 through December 5, 2018, inclusive (the “Class Period”) of the important March 4, 2019 lead plaintiff deadline in the first filed case commenced by…

Bragar Eagel & Squire, PC Reminds Investors That Class Action Lawsuits Have Been Filed Against Goldman Sachs, Nova LifeStyle, Yangtze River, and YRC Worldwide and Encourages Investors to Contact the Firm – GlobeNewswire

Bankruptcy

NEW YORK, Jan. 31, 2019 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of The Goldman Sachs Group, Inc., Nova LifeStyle, Inc., Yangtze River Port and Logistics Limited, and YRC Worldwide Inc. Stockholders have until the deadlines listed below to petition the…

Suspended board of firm under insolvency process must be given documents: SC – The Financial Express

Liquidation

The judgment came on an appeal by Ruchi Soyas suspended director Vijay Kumar Jain. (File/Reuters) The Supreme Court on Thursday held that the suspended board of directors of a company undergoing insolvency proceedings and its operational creditors must be given all the documents of a resolution plan (RP) as their say in the repayment of…

Pernod Ricard Korea seeks a breakthrough for business recovery with restructuring – BusinessKorea

Restructuring

Whisky sales in Korea have been on a continuous downturn over the past decade mainly due to changes in lifestyle of Koreans. The domestic sales of the spirit recorded some 1.49 million boxes (a box containing 500ml bottles) in 2018. Industry watchers attribute it to the reduced chances of get-togethers of company employees after the…

Ten Per Cent Year-On-Year Rise In Corporate Insolvencies – Business Up North

Liquidation

Weak consumer demand, pressure on household budgets and a range of economic uncertainties have all contributed to a ten per cent year-on-year rise in corporate insolvencies across the UK. New figures from the Insolvency Service have revealed that, excluding bulk insolvencies, 16,090 businesses entered insolvency in 2018, the highest recorded annual figure since 2014. And…