Hines Reit * Hines reit announces liquidation plan * Board of directors unanimously voted to approve a plan for liquidation and dissolution of company * Plan includes entering into agreement to sell 7 west coast office assets in a cash for $1.162 billion to affiliate of blackstone real estate * Plan includes hines reit entering…
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…
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…
While the seismic changes caused by the EU Referendum vote are quite rightly uppermost in retailers minds, the UK Insolvency Service has issued a consultation document reviewing the UK corporate insolvency framework. It is a response to consistent messages from the World Bank which recently put the UK at number 13 in a league table…
The last few months have seen a flurry of activity from Hogan Lovells in Asia, particularly in Indonesia. Months after ending its association with Hermawan Juniarto, which lasted for more than three years, Hogan Lovells has teamed up with Dewi Negara Fachri & Partners (DNFP). DNFP was established by founding partners Dewi Djarot and Fachri…
A Headspace facility will be built in Whyalla if the Federal Government is re-elected, Federal MP Rowan Ramsey said. Whyalla City councillor Clare McLaughlin said the centre would offer mental and sexual health support along with projects to help young people aged between 14 and 22 find work or return to study. She…
Clive Palmer says it will be up to the sacked workers of Queensland Nickel to decide whether they want their jobs back when the north Queensland refinery reopens next year. The businessman-turned-politician insists the Yabulu nickel refinery, near Townsville, will reopen on March 31 next year after regulatory and commercial requirements are met. About 800…
Metalink (OTCQB:MTLK) ceased it’s last business operations in March 2015. After ceasing the last operations, the company announced that they were looking for strategic alternatives including a voluntary liquidation of the company. A couple of days ago, more than a year later, the company finally announced that the liquidation of the company is approved by…
Knowing When to Fold ‘Em In my years of investing and observing the markets, I have come to the conclusion that one of the hardest decisions to make in business is knowing when to throw in the towel. Some businesses, for whatever reason, simply cannot survive for much longer in the future. Examples are numerous…
The last few months have seen a flurry of activity from Hogan Lovells in Asia, particularly in Indonesia. Months after ending its association with Hermawan Juniarto, which lasted for more than three years, Hogan Lovells has teamed up with Dewi Negara Fachri & Partners (DNFP). DNFP was established by founding partners Dewi Djarot and Fachri…