Swiss regional Darwin Airline declares bankruptcy – ATWOnline

Darwin Airline Saab 2000 Aero Icarus for Wikipedia Swiss regional carrier Darwin Airline has been declared bankrupt, after attempts to resolve its financial problems failed. The Lugano, Switzerland-based carrier had in recent years traded as Etihad Regional until the Abu Dhabi carrier sold its 33.3% shareholding to Luxembourg-based private equity fund 4K Invest in July…

Arrium directors to be grilled in court over potential breaches – The Australian Financial Review

Administrator KordaMentha intends grilling some of the directors and executives of Arrium in a public examination in court, as it investigates possible breaches of directors duties and potential misleading conduct over the drawing down of a last-minute refinancing facility and other loans in early 2016, just before the steel company collapsed. A report to creditors by KordaMentha, which sold the…