A 2020 decision of Mr Justice Harris concerned FDG Electric Vehicles Limited (the Company), a company which has been put into provisional liquidation in Bermuda, where it was incorporated. The Joint and Several Provisional Liquidators (the Provisional Liquidators) applied to the Hong Kong court for an order of recognition and assistance (the Application). In considering…
An anti-Zionist activist who lost a libel case after being labelled a notorious antisemite has now been declared bankrupt. Tony Greenstein had been ordered to pay Campaign Against Antisemitism more than 81,000 after he unsuccessfully sued for libel, and lost a subsequent appeal. Judges in the original case had held that CAA were entitled to…
Which company did Aleksander Lukashenko, Europes last dictator of Belarus who tortured his own people, including women and children, call to launder his reputation? Which company did Asma al-Assad, wife of Syrias brutal dictator who systematically incarcerated, tortured and summarily executed his opponents, hire to clean up her image? Which company did the Bahraini government…
Mr Reynolds was advised by the Aged Care Quality and Safety Commission on Monday that sanctions had been imposed on Chronos Care over serious breaches of prudential regulations. Another family, of a woman who died in Chronos Cares Alphington facility in February, is also considering legal action over a $225,000 deposit that should have been…
FARMINGTON A probate judge approved a settlement with the estate of Fotis Dulos Tuesday that would require his former criminal defense attorneys Norm Pattis and Kevin Smith to not discuss the case surrounding the disappearance of Jennifer Dulos for 40 years. The family of Jennifer Dulos was hoping to avoid more publicity, said Attorney Christopher…
The National Company Law Appellate Tribunal has set aside NCLT’s direction to liquidate Three C Homes and ordered that other options be considered for resolution of the debt-ridden realty firm. TopicsNCLAT|NCLT|liquidation The National Company Law Appellate Tribunal (NCLAT) has set aside NCLT’s direction to liquidate Three C Homes and ordered that other options be considered…
Some students who are affectedby Laurentian University’srecent restructuring are hoping they’ll qualify forsome financial helpfrom the provincial government, while others are disappointed to find out they aren’t eligible. The school declared itself insolvent on Feb. 1, and cut dozens of programs and hundreds of jobs under creditor protection to begin its plan to return to…
The crisis-hit Infrastructure Leasing and Finance Limited (IL&FS) group has addressed a debt of about Rs43,000 crore and is confident of addressing an additional debt of Rs14,400 crore, taking its total debt recovery to Rs58,000 crore by March next year. In a presentation, IL&FS says, “Significant portion worth Rs50,000 crore of estimated recovery would be…
image copyrightPA Mediaimage captionKwasi Kwarteng is keen to reassure businesses The government has told business leaders it will take a “cautious approach” to firms that owe it money in the wake of the coronavirus pandemic. The message came in a letter from Business Secretary Kwasi Kwarteng to the Institute of Directors and R3, which represents…
Senate Majority LeaderCharles SchumerChuck SchumerPride Month concludes without Equality Act vote in Senate Republicans should hit the reset button on Biden infrastructure deal The world is no longer fit for Sept. 11 war authorizations MORE (D-N.Y.) on Sunday called for the National Rifle Association (NRA) to be investigated for bankruptcy fraud by the Justice Department…