McGrathNicol said “indications of insolvency” were apparent as early as last August, after costs blew out by $57 million on its Daydream and Hayman solar farm projects in Queensland, leaving the project facing a $28.5 million loss instead of a $28.5 million profit. “At that time, management and the board considered that the cost overruns…
Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter 11 bankruptcy protection. Two of the three, Horton Community Hospital and Oswego Community Hospital, have closed in the last few weeks. The third, Hillsboro Community Hospital, remains open under the auspices of a court-ordered receivership.…
Image copyright Office Outlet The former Staples stationery chain, Office Outlet, is in administration, putting 1,200 jobs at risk. The retailer has no connection to the online-only business which trades under the Staples UK name. Two partners at business services firm Deloitte were appointed joint administrators on Monday. Office Outlet, which is part-owned by Hilco,…
Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter 11 bankruptcy protection. Two of the three, Horton Community Hospital and Oswego Community Hospital, have closed in the last few weeks. The third, Hillsboro Community Hospital, remains open under the auspices of a court-ordered receivership.…
Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter 11 bankruptcy protection. Two of the three, Horton Community Hospital and Oswego Community Hospital, have closed in the last few weeks. The third, Hillsboro Community Hospital, remains open under the auspices of a court-ordered receivership.…
Three Kansas hospitals are among six hospitals once run by a North Kansas City-based company that have filed for Chapter 11 bankruptcy protection. Two of the three, Horton Community Hospital and Oswego Community Hospital, have closed in the last few weeks. The third, Hillsboro Community Hospital, remains open under the auspices of a court-ordered receivership.…
March 18 at 6:35 AM It was the egg crack heard around the world. Australian Sen. Fraser Anning, a far-right figure known for his extreme views on immigration, stood behind a bank of microphones at a Saturday news conference in Melbourne, Australia, the day after he issued a statement suggesting New Zealands decision to admit…
Indian businessman Anil Ambani has avoided imprisonment for contempt of court after his Reliance Communications completed a payment to Swedens Ericsson, two days before a deadline imposed by New Delhis supreme court. The court found Mr Ambani guilty of contempt last month over RComs repeated delays in paying outstanding fees of $77m to Ericsson for…
(MENAFN – Baystreet.ca) The millennial generation is struggling with high debt levels. According to a new study by Hoyes Michalos & Associates Inc., two in five insolvency filings in Ontario now come from millennials, defined as people born between 1981 and 1996. And the main debts burdening the generation are student loans and credit…
March 18 at 6:35 AM It was the egg crack heard around the world. Australian Sen. Fraser Anning, a far-right figure known for his extreme views on immigration, stood behind a bank of microphones at a Saturday news conference in Melbourne, Australia the day after he issued a statement suggesting that New Zealands decision to…