Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Yangtze River Port and Logistics Limited Investors – Global Banking And Finance Review

Bankruptcy

Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that acquired Yangtze River Port and Logistics Limited (Yangtze River or the Company) (NASDAQ:YRIV) securities between February 2, 2016 and December 5, 2018, inclusive (the Class Period). Yangtze River investors have untilMarch 4, 2019to file a…

The $25m Brexit contract awarded to a ferry company with no ferries – The Sydney Morning Herald

Bankruptcy

The opposition attacks coincided with a day of government-backed tests on the motorway and ferry system to see how the transport network would handle a no-deal scenario. “Our economy depends on these trading routes continuing to function yet [Transport Secretary] Chris Grayling is prepared to rely on amateurs in the event of a no deal,”…

Viceroy Hotels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

Bankruptcy

Update on the voting results of the 14th meeting of the Committee of Creditors of Viceroy Hotels Limited (CoC). This is to inform you that the 14th meeting of the Committee of Creditors (CoC) of Viceroy Hotels Limited (under Corporate Insolvency Resolution Process) (the Company) was held on Monday, 31st December, 2018 at Plot No.…

Boss of castle where Peter Andre married disqualified from running business for nine years after leaving – The Sun

Bankruptcy

THE boss of a castle where Peter Andre tied the knot has been disqualified from running a business for nine years after leaving customers 90,000 in the lurch. Richard Fuller, 56, was slapped with the ban after continuing to accept payments for the Exeter wedding venue Mamhead House despite knowing the company was insolvent. Twitter…

Insolvency law: Operational creditors to get more teeth; heres how – The Financial Express

Bankruptcy

Currently, only financial creditors are part of the CoC that decides on a resolution plan and selects the winning bidder. Operational creditors (OCs), mostly MSMEs, may soon cease to get short shrift by the financial creditors, their mightier counterparts. The government is set to equip the OCs with more power under the Insolvency and Bankruptcy…

WE WERE DUPED OF $3,5 BILLION : MINISTER newsdzeZimbabweNewsdzeZimbabwe – NewsdzeZimbabwe

Bankruptcy

Government has been prejudiced in excess of $3,5 billion by company directors who shut-down their firms in order to avoid payment of taxes only to re-establish themselves under different trading names. This was revealed by Finance minister Mthuli Ncube in the National Assembly last month during the debate on the Finance Bill. Ncube is proposing…