Brooks Automation (BRKS) Announces Corp. Restructuring, Streamlining; COO Morelli to Depart – StreetInsider.com

Liquidation

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here. Brooks Automation, Inc. (Nasdaq: BRKS) announced a restructuring today intended to streamline its business operations, advance its market responsiveness, and achieve approximately $15 million of annualized cost savings. As part of the restructuring, Brooks announced that it will be reorganizing its business…

Two firms ordered into liquidation for misleading small businesses over business rate ‘savings’ – Manchester Evening News

Liquidation

Two companies which mislead nearly 100 firms into paying for services to challenge business rate valuations, have been ordered into liquidation. Harrison Black Associates, which was registered at 83 Ducie Street, Manchester, and its London branch, Hayden Moss Associates, were ordered into liquidation by the High Court on 1 March. The winding-up of the two…

Queensland Nickel restructure to keep refinery open announced by administrators – ABC Online

Liquidation

Clive Palmer says he has “saved the Yabulu refinery for a second time” after snatching control of the Townsville nickel plant from administrators. Key points: Palmer says Yabulu refinery “saved” after two companies join forces behind new manager Queensland Nickel Sales $23 million worth of assets to back manager Former manager Queensland Nickel still…

Budget 2016 milestone achievement for India, transforming policy by leaps and bounds – Economic Times

Liquidation

By Asma Chandani After a tumultuous Q1 for global stock markets, investors are increasingly seeking to take advantage of attractive valuations. Bolstered by strong macro fundamentals, the SENSEX closed on Friday with its highest weekly gain in seven years, and the NIFTY just shy of 7,450. Last week, Goldman Sachs reaffirmed its overweight position in…

Antipasto manufacturer Pronto e Fresco in voluntary administration – Foodprocessing

Liquidation

Melbourne-based antipasto manufacturer Pronto e Fresco has entered voluntary administration. SmartCompany reports that Pronto e Fresco Pty Ltd has been operating for more than 15 years, supplying antipasto products such as semi-dried tomatoes, olives and grilled vegetables to major Australian supermarkets, wholesale and retail customers. Receivers and managers from McGrathNicol have commenced a sale campaign…

A way to settle disputes more amicably – Hindu Business Line

Liquidation

The focus on streamlining arbitration methods is necessary but not sufficient. Conciliation needs more play The past several months have seen a flurry of policy making. Parliament has made laws amending the 2013 Companies Act, the Arbitration and Conciliation Act, and introduced the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act,…