HANGZHOU, CHINA – OCTOBER 27: A logo of Ant Group is seen at the company’s headquarters on October 27, 2020 in Hangzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as…
Another start up NSW builder SMLXL has been placed into liquidation, leaving several major projects in a state of flux including Mona Vale Golf Course, who after recently gutting their current club house were suddenly advised that their builder SMLXL projects had suddenly and without warning been placed into liquidation. Lisa Mort who was appointed…
Burlington, Ont.-based Tiptap and Laval, Qu.s Omnirobotic are restructuring after both startups were unable to secure the financing necessary to support their existing operations and obligations. The two companies are the latest in a growing list of Canadian tech startups to restructure after facing difficulty securing venture capital (VC) during the downturn as rising interest…
Wilko, one of Britains biggest discount retailers, is racing to secure a cash injection as it prepares to launch a financial restructuring aimed at securing its future. Sky News has learnt that Wilko, which is owned by its founding family and employs about 12,000 people, is working with advisers to raise tens of millions of…
Katie Price is set to be questioned in court over her finances after declaring bankruptcy four years ago (Picture: Hogan Media Ltd/Shutterstock) Katie Price is to face questioning in court over her finances. A judge confirmed on Friday that the former glamour model would be questioned on the subject, after she first declared bankruptcy in…
Katie Price was declared bankrupt (Aaron Chown/PA) (PA Wire) Katie Price is to face questioning over her finances in court, a judge has said. The former glamour model was declared bankrupt in November 2019 and is facing further proceedings. During a short hearing at a specialist insolvency and companies court on Friday where Ms Price…
Posted on: July 7, 2023, 07:40h. Last updated on: July 7, 2023, 07:40h. Erik Gibbs Read More Star Entertainment, still trying to recover from a series of embarrassingly poor executive decisions that lasted for years, could be facing a new issue. It appears that investors are becoming increasingly concerned about the Australian casino operators future,…
8VI Holdings Limited announced the commencement of a comprehensive corporate restructuring initiative as part of measures aimed at securing long-term survival and sustainability of the Group. While a series of intervention had been implemented before this current financial year, the Group experienced greater than anticipated headwinds within the first quarter of FY2024, prompting further strategic…
BusinessWire India Mumbai (Maharashtra)/ New Delhi [India], July 7: Cyril Amarchand Mangaldas advised and represented JSW Steel Coated Products Limited (JSW Steel Coated Products) in connection with the submission and implementation of a resolution plan for National Steel & Agro Industries Limited (“Target Company” or “Corporate Debtor”), a company undergoing corporate insolvency resolution process under…
Understandably the focus of corporate transactions, restructures and insolvencies tends to be big ticket issues such as finance, tax and assets. Immigration considerations are often overlooked, potentially resulting in hidden risks and headaches for those involved. In this article, we look at the implications of such scenarios in two key compliance areas: sponsor licences and…