Revival of corporate sector: Proposed Corporate Rehabilitation Act offers comprehensive framework – Business Recorder (press release) (registration) (blog)
Home » Stocks & Bonds » March 28, 2016 SOHAIL SARFRAZ
Moroccan refiner Samir appeals court decision on liquidation – Business Recorder (press release) (registration) (blog)
Home » Fuel & Energy » Pakistan March 28, 2016 RECORDER REPORT
GERS Collapse Will Come, Retirees Better Start Planning – St, Thomas Source
Local news St. Thomas V.I. retirees and future retirees need to start preparing themselves now for much smaller pension payments than they anticipated, because the trust fund will evaporate. There are no good options left to prevent this from happening and it may well reach a crisis point a year or two before the oft-cited…
London Diamond Investment Company Ordered into Liquidation – Israel Diamond Portal
Heritage FA Limited which marketed and sold colored diamonds and other commodities to the public for investment has been ordered into liquidation on the grounds of public interest, according to a press release from the Insolvency Service. An investigation found that vulnerable and elderly individuals were being targeted and aggressively sold investments…
GMR divests 51% in JV; will help pare Rs 1000-crore debt – Daily News & Analysis
GMR Group firms have entered into an agreement with its partners to divest 51% stake in its joint venture running a road project in Karnataka. The deal will help GMR Group pare debt by Rs 1,077.97 crore and enhance liquidity by Rs 85 crore. “GMR Highways and GMR Infrastructure have signed a share purchase agreement…
US Department of Education Announces Path for Debt Relief for Students at 91 Additional Corinthian Campuses – U.S. Department of Education (press release)
The U.S. Department of Education announced today that students who were defrauded at 91 former Corinthian Colleges Inc. (Corinthian) campuses nationwide have a clear path to loan forgiveness under evidence uncovered by the Department while working with multiple state attorneys general. These campuses represent the largest group of borrowers eligible for loan relief so far…
The Quagmire of the ‘Dual Fiduciary’ – New York Law Journal (registration)
Scott M. Himes and Brent Weisenberg In today’s investment world, private equity firms, investment managers and other investors often acquire a substantial interest in a business and, as a consequence, earn the right to put “their people” on the company’s board. That person then becomes a “dual fiduciary”someone with fiduciary obligations to his or…
GERS Collapse Will Come, Retirees Better Start Planning – St, Thomas Source
Editorial St. Thomas V.I. retirees and future retirees need to start preparing themselves now for much smaller pension payments than they anticipated, because the trust fund will evaporate. There are no good options left to prevent this from happening and it may well reach a crisis point a year or two before the oft-cited 2025…
Antioch school trustee Claire Smith resigns – Contra Costa Times
ANTIOCH — After decades of service, Antioch school board member Claire Smith announced her resignation this week. Smith’s departure will take effect once the Contra Costa County Office of Education receives her written notice. Smith was unavailable for comment Thursday, but Antioch Unified School District trustee Diane Gibson-Gray said Smith and her husband are moving…
GERS Collapse Will Come, Retirees Better Start Planning – Saint Croix Source
Editorial St. Croix V.I. retirees and future retirees need to start preparing themselves now for much smaller pension payments than they anticipated, because the trust fund will evaporate. There are no good options left to prevent this from happening and it may well reach a crisis point a year or two before the oft-cited 2025…