Lanco sub-contractors gear up to fight against encashment of bank guarantees – Hindu Business Line

The RBI has directed lenders of Lanco to initiate corporate insolvency proceedings against the company under the Insolvency and Bankruptcy Code Mumbai, July 10:   A week after New Delhi-based Hindustan Powerprojects encashed bank guarantees of Lanco Infratech worth 500 crore, due to unfulfilled contractual obligations at the latters 2,520MW Anuppur thermal power plant, the sub-contractors…

Abengoa Bankruptcy Liquidation Plan Effective – Bankrupt Company News (press release) (blog)

AdvertisementAbengoa Bioenergy US Holdings Third Amended Joint Plans of Liquidation became effective, and the Company emerged from Chapter 11 protection. The U.S. Bankruptcy Court confirmed the Plan on June 8, 2017. BankruptcyDatas detailed Plan Summary notes, Abengoa, S.A. also agreed in the Master Restructuring Agreement to implement plans of liquidation with respect to Non-Go Forward…

Milson Aerospace owner bankrupted during liquidation | Stuff.co.nz – Stuff.co.nz

TOM PULLAR-STRECKER/STUFF Liquidators have not yet been able to dig any money out of a failed Manawatu business for creditors. The director and owner of a Manawatu aircraft refurbishment company has been bankrupted by liquidators hoping to squeeze more money out of the failed business. Milson Aerospace was placed into liquidation in 2015 at the request of freight company DHL Global…

Milson Aerospace owner bankrupted during liquidation – Manawatu Standard

TOM PULLAR-STRECKER/STUFF Liquidators have not yet been able to dig any money out of a failed Manawatu business for creditors. The director and owner of a Manawatu aircraft refurbishment company has been bankrupted by liquidators hoping to squeeze more money out of the failed business. Milson Aerospace was placed into liquidation in 2015 at the request of freight company DHL Global…

Milson Aerospace owner bankrupted during liquidation – Manawatu Standard

TOM PULLAR-STRECKER/STUFF Liquidators have not yet been able to dig any money out of a failed Manawatu business for creditors. The director and owner of a Manawatu aircraft refurbishment company has been bankrupted by liquidators hoping to squeeze more money out of the failed business. Milson Aerospace was placed into liquidation in 2015 at the request of freight company DHL Global…