Category Archives: Bankruptcy

iSIGN Media Updates Previous Announcement on the Delay in the Filing of Annual Financial Statements and Related … – Yahoo Finance

TORONTO, Sept. 2, 2016 /PRNewswire/ – iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (ISD.V) (ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America today provides an update to its previous announcement on the late filing of its annual audited financial statements, management discussion…

Irish insolvencies on the decrease – Business World (press release) (blog)

New data released by Vision-Net.ie shows that this August saw an average of just under two companies being declared insolvent each day – down slightly on the previous August when 70 companies ceased trading.   The professional services sector was hardest hit this August and accounted for 14 (23%) of the insolvencies recorded. The construction sector…

Nigeria: Restructuring & Insolvency Practice Area Review 2016 – Who’s Who Legal

Nigeria: Restructuring & Insolvency Practice Area Review 2016 September 2016 By Etigwe Uwa, Streamsowers & Köhn In legal parlance, restructuring of a corporate entity is effected upon a declaration of insolvency or to avert insolvency or in some cases for the expansion of the business base of such organisation. In the case of statutory…

Plan to revive world economy is China’s top priority at G20 summit – South China Morning Post

China is hoping to find a recipe to revive global economic growth when it hosts its first G20 summit this Sunday, but challenges are mounting in the form of domestic problems and regional tensions, with this weeks suicide car bombing at the Chinese embassy in Kyrgyzstan only adding to them. Around 40 world leaders are…

Weekly business roundup – Kyiv Post

A woman passes by PrivatBank office in Kyiv. Photo by Anastasia Vlasova Investment in fixed assets rises to 9.6 percent Ukraine saw a rise in fixed asset investment during the first half of the year, recording a leap to 9.6 percent growth for the first six months of 2016. his follows a relatively tepid 0.7…

Weekly business roundup – Kyiv Post

A woman passes by PrivatBank office in Kyiv. Photo by Anastasia Vlasova Investment in fixed assets rises to 9.6 percent Ukraine saw a rise in fixed asset investment during the first half of the year, recording a leap to 9.6 percent growth for the first six months of 2016. his follows a relatively tepid 0.7…

Businessman wins deposit forfeiture fight – Independent Online

Durban – A Durban businessman has accused the trustee of a relatives insolvent estate of acting dishonestly and unethically by apparently choosing to keep the R85 000 he deposited to buy their Newlands West property after they were declared insolvent. This allegation was contained in an urgent application before Judge Themba Sishi on Monday. File…

Businessman battles deposit forfeiture – Independent Online

Durban – A businessman has accused the trustee of a relatives insolvent estate of acting dishonestly and unethically by apparently choosing to keep the R85 000 he deposited to buy their Newlands West property after they were declared insolvent. This allegation was contained in an urgent application before Judge Themba Sishi on Monday. However, Rakesh…

Jobs at risk as Fermanagh sandwich firm enters insolvency a second time – Belfast Telegraph

Scott Murray of Keenan Corporate Finance A food company based in England has confirmed it has placed its Northern Ireland operation in administration, putting 75 jobs at risk. Adelie Foods said it had appointed administrators to the former Bite Group in Enniskillen in order to focus on building its “core, mainland UK business”. Share Go…

Oil-Deal Score Helps Aubrey McClendon’s Heirs Hang on to NBA’s Thunder, for Now – Wall Street Journal

Aug. 30, 2016 7:15 p.m. ET Even as Aubrey McClendon grappled with collapsing crude prices in the months before his unexpected death in March, the energy titan mortgaged his familys marquee asseta stake in the Oklahoma City Thunder basketball teamto make one more deal. Now, that investment has paid off, with a small energy producer…