Societal CDMO Announces Corporate Restructuring – GlobeNewswire

SAN DIEGO and GAINESVILLE, Ga., Sept. 20, 2023 (GLOBE NEWSWIRE) — Societal CDMO, Inc. (Societal CDMO; NASDAQ: SCTL), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, today announced a strategic restructuring plan to streamline and optimize operations. Following the completion of a…

NCLAT ruling paves way for Hindustan National Glass insolvency resolution | Mint – Mint

Mumbai: The National Company Law Appellate Tribunal (NCLAT) on Wednesday upheld an insolvency tribunal order that had rejected Independent Sugar Corp. Ltds (INSCO) plea against a rival bidder in the resolution process of India’s oldest glass manufacturer Hindustan National Glass. The Kolkata bench of the NCLT will now consider bidder AGI Greenpacs resolution plan for…

Recent spike in England and Wales corporate insolvencies reflects … – Jersey Evening Post

Sponsored Content Katrina Edge and Bruce MacNeil, of Ogier (Jersey) LLP, explain how global events and economic pressures are forcing many companies to seek advice on debt and corporate restructuring REPORTS in June of a 40% year-onyear increase in corporate insolvencies in England and Wales demonstrate the combined impact of government Covid-19 support being withdrawn,…

UK to appoint commissioners to run 'bankrupt' Birmingham – Yahoo Eurosport UK

LONDON (Reuters) -British minister Michael Gove said on Tuesday the government had been forced to intervene in the day-to-day running of England’s second-largest city, Birmingham, which earlier this month effectively declared bankruptcy. Gove said he would appoint commissioners to take over the running of Birmingham City Council – the largest local authority in Europe –…

Wake Concepts, the third SA builder to collapse in months, leaves about 100 employees without jobs – ABC News

About 100 staff have been left without jobs with the collapse of an Adelaide construction company  the third South Australian builder to fall into liquidation in a matter of months.  Key points: Commercial construction firm Wake Concepts has been placed into liquidation About 100 employees have been given notice of termination It’s the third South Australian…