Guvera subsidiaries in $15 million debt, creditors meeting next week – The Australian Financial Review

A creditors meeting for Guvera’s subsidiaries has been set for Thursday July 7. Wayne Taylor Up to 150 angry creditors, who are owed about  $15 million, will descend on Deloitte’s Parramatta office next Thursday for the first creditors meeting of Guvera’s subsidiaries that have been placed in administration. The July 7 rendezvous will be the first of two meetings…

Guvera and streaming music’s broken business model – The Australian Financial Review

Guvera co-founders Claes Loberg (left) and Darren Herft (right); the company has placed some of its subsidiaries into voluntary administration. Wayne Taylor When beleaguered streaming music provider Guvera placed two of its subsidiaries into administration and wielded the axe to staff numbers this week, few observers were surprised. After all, the Gold Coast-based company, which…

Hines REIT Announces Liquidation Plan – Business Wire (press release)

HOUSTON–(BUSINESS WIRE)–Hines Real Estate Investment Trust, Inc. (Hines REIT” or the Company), one of three public non-listed REITs sponsored by Hines, announced today that its board of directors unanimously voted to approve a plan for liquidation and dissolution of the Company. The plan, which is subject to stockholder approval, takes advantage of the current strong…

Metalink to Consider Shareholder’s Objection to Voluntary Liquidation – PR Newswire (press release)

TEL AVIV, Israel, June 30, 2016 /PRNewswire/ — Metalink Ltd. (OTCQB: MTLK) today announced that, further to its previously announced plan to voluntary liquidate the Company, it has received notice from one of its principal shareholders (holding, to the Company’s knowledge, approximately 24.9% of the outstanding shares) whereby such shareholder stated, among other things, its…