East Midlands business start-ups increase, but threat of insolvency rises – East Midlands Business Link

R3 Midlands Chairman Chris Radford In the face of a mixed financial and economic outlook, the East Midlands entrepreneurial spirit appears not to have been dampened. Latest statistics from insolvency and restructuring trade body R3 highlight a net quarterly increase of around 2,000 East Midlands firms since the beginning of May, with the total number…

Katie Hopkins applies for insolvency agreement to avoid bankruptcy after losing libel case – The Independent

Katie Hopkins has applied for an insolvency agreement in a last-ditch attempt to avoid bankruptcy after losing a libel case to food writer and poverty campaigner Jack Monroe. The controversial columnist was ordered to pay Monroe £24,000 in damages and legal costs in March last year after the High Court ruled comments the rig… Read…

‘It is time for them to put faces to their company’ – Farmers on war footing over vulture fund forced sales – Independent.ie

IFA farm business chairman Martin Stapleton welcomed the move by BidX1 and also called on vulture funds to engage directly with the IFA and farmers to resolve debt issues. “Farmers have to be given a fairer period of time to repay their debts. IFA is sick of dealing with endless intermediaries on behalf of these…

Bharati Defence And Infrastructure Ltd – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate … – The Hindu BusinessLine

Sub: Update on NCLT hearingWe wish to inform you that during the hearing dated 12th September 18 of CP No. (IB) 292 (MB)/2017 in the matter of Bharati Defence and Infrastructure Ltd., the Honourable NCLT, Mumbai has passed an interim order stating that any prospective Resolution Applicant who intends to file an Application relating to…

Imperial Commences Financial and Business Restructuring Process – GlobeNewswire (press release)

VANCOUVER, British Columbia, Sept. 17, 2018 (GLOBE NEWSWIRE) — Imperial Metals Corporation (Imperial or the Company) (TSX:III) commences a financial and business restructuring process. As of the close of business on September 14th Imperial completed the following actions: Extension of the due date of the Companys Secured Revolving Senior Credit Facility of $200 million from…