As people of faith, the members of the Connecticut Conference of the United Church of Christ have joined with others throughout the state to form the Coalition Against Casino Expansion in Connecticut. We are concerned that the economic and social impact of gambling has unintended consequences for some of the most vulnerable in our state.…
By Deep Value Analyst : Calloway’s Nursery (OTC: [[CLWY]]) is the rare under the radar micro-cap stock that is trading below liquidation value that could be worth 3x more as its experienced management team and board continue to make operational improvements and unlock value. Calloway’s is an 18 store chain of high margin plant and…
It looks like it’s the end of the line for one-time teen favorite store chain Wet Seal. The mall-based retailer is planning to close all of its 173 or so stores after failing to turn its business around, according to several media reports. The company did not immediately return a request from Fortune for comment,…
The future of Dunedin engineering company D.C. Ross, at present in receivership with debts of almost $19 million, has taken a turn for the worse. An application has been made to the Dunedin High Court by Fletcher Steel to have the company placed in liquidation. Under receivership, the company could potentially be sold as a…
Andreas Lehmanns practice focuses on financial services and corporate finance transactions as well as restructuring & insolvency. He advises banks on all aspects of debt financing structures including syndicated loans, corporate bonds and securitization transactions. Andreas has advised institutional investors, in particular investment funds, venture capital funds and real estate funds, in respect to their…
Homeowners caught up in the collapse of WA builder Builton Group will only be able to claim up to $100,000 in losses for an alternative builder to finish their half-built homes, potentially leaving many heavily out of pocket. The Burswood-based builder, which also trades under the brands Platinum Homes and Aspireon Homes, went into external administration on…
The Wisconsin Council on Problem Gambling reports that many callers to its helpline in 2016 faced “desperate” situations.(Photo: Submitted by Marshfield Clinic) By the time many out-of-control gamblers seek help, theyre desperate. On average, they are $38,090 in debt. Theyve maxed-out credit cards and drained bank accounts. Theyve lied to and stolen from family members.…
Burswood-based builder Builton Group, which trades under the brands Platinum Homes and Aspireon Homes, has gone into administration, joining a growing list of WA residential builders to go bust. Australian Securities and Investments Commission documents revealed the builder went into external administration on Monday, after WAtoday reported on Friday staff had been told not to come…
Homeowners caught up in the collapse of WA builder Builton Group will only be able to claim up to $100,000 in losses for an alternative builder to finish their half-built homes, potentially leaving many heavily out-of-pocket. The Burswood-based builder, which also trades under the brands Platinum Homes and Aspireon Homes, went into external administration on…
A writ petition has been filed in the Bombay High Court challenging the constitutional validity of the Insolvency & Bankruptcy Code, more particularly, Section 7 of the Code. Section 7 allows the initiation of a corporate insolvency resolution process by a financial creditor, that could be any person to whom a debt is owed. This…