by Jack Farchy, Javier Blas and Jasmine Ng A revolt by Noble Group‘s shareholders has emerged as one of the major threats to the struggling trading house’s $US3.5 billion ($4.45 billion) restructuring deal after it agreed terms with a group of hedge fund creditors. If shareholders vote against the deal, the company will seek to implement…
NEW DELHI: The National Company Law Tribunal (NCLT) expressed surprise that Aircel chose to file for bankruptcy on its own and said it admitted the telcos plea because it believes there is potential to revive the business, given the companys current revenue generation and over Rs 32,000 crore worth of assets, including spectrum. The reasons…
BERLIN, March 14 (Xinhua) — The number of company insolvencies in Germany has fallen to a record low level in 2017 due to the country’s good economy, official data by the Federal Statistical Office showed on Wednesday. A total of 20,093 business insolvencies have been reported last year, representing a decline of 6.6 percent year…
Diana MacQuillan, who was a teenager in Yass in the 1940s, recalls with fondness the occasional afternoon tea or lunch at Sheekeys Tearooms next to the Memorial Hall. EFFERVESCENT: TJ Sheekey, who built his father’s bakery into a soft drink empire. Photo: Yass and District Historical Society Collection They sold pies and cakes, she recalled. Their…
He was removed as a director and shareholder of Charter’s business in August last year, just two days after the rofessional services review committee delivered a withering assessment of Dr Perkoulidis’ conduct as a medical practitioner. According to a profile on the website of Integramed Health Services, Dr Perkoulidis’s main area of expertise was “the…
He was removed as a director and shareholder of Charter’s business in August last year, just two days after the rofessional services review committee delivered a withering assessment of Dr Perkoulidis’ conduct as a medical practitioner. According to a profile on the website of Integramed Health Services, Dr Perkoulidis’s main area of expertise was “the…
Diana MacQuillan, who was a teenager in Yass in the 1940s, recalls with fondness the occasional afternoon tea or lunch at Sheekeys Tearooms next to the Memorial Hall. EFFERVESCENT: TJ Sheekey, who built his father’s bakery into a soft drink empire. Photo: Yass and District Historical Society Collection They sold pies and cakes, she recalled. Their…
By Sebastian Shakespeare for the Daily Mail Published: 09:00 AEDT, 15 March 2018 | Updated: 09:00 AEDT, 15 March 2018 e-mail 1 View comments Gordon Ramsay has an estimated fortune of £120 million, but the chefs estranged father-in-law, Chris Hutcheson, has been declared bankrupt in the latest stage of his dramatic fall from grace. Hutcheson,…
KUALA LUMPUR: There are still more than 300,958 bankrupt Malaysians despite the amendments to the insolvency law to help reduce the number, the Dewan Rakyat was told. Deputy Minister in Prime Minister’s Department Datuk Razali Ibrahim said the government is still working hard to reduce the total number of bankrupts, which has come up to…
John Walsh, Ireland Business Editor Around 400 insolvency cases are thought to be on hold over interpretation of the lawGETTY IMAGES Any change to the rules that would enable debtors to challenge directly a banks rejection of their loan restructuring will be made as an amendment to personal insolvency legislation, the finance minister has said. On February…