The Insolvency and Bankruptcy Board of India (IBBI) shall float two discussion papers one on making changes in the Corporate Insolvency Resolution Process (CIRP), and the other on corporate liquidation very soon, a government official told FE These discussion papers are intended to make changes in the regulations to maximise the value of recoveries and…
DetailsIn this article LVS Follow your favorite stocksCREATE FREE ACCOUNT Las Vegas Sands‘ recovery from the Covid-19 pandemic is gaining steam, and Asia is a big reason why. The world’s largest casino company on Wednesday announced it pulled in $1.12 billion in third-quarter adjusted property EBITDA, a crucial measure of profitability in the gambling industry.…
DetailsContents1 Two instalments via Pondcote2 Supports conservative politics3 Labor approved first dredging4 Miners big donors5 CLARIFICATION Two articles published in the AFR in August 2014 may have been taken by some readers as suggesting that Paul Darrouzet had made substantial donations to the LNP in return for the Newman Government giving favourable treatment to his…
DetailsWashington, D.C., Oct. 19, 2023 FTI Consulting, Inc. (NYSE: FCN) announced today that the firm has received multiple industry recognitions across its Corporate Finance & Restructuring and Strategic Communications segments in recent months, demonstrating the firms depth of global expertise and commitment to client service excellence. Accolades include: Global M&A Network: FTI Consulting was recognized…
DetailsByJolie Lash Thursday, October 19, 2023 3:45PM Burt Young, the Academy Award-nominated actor known for his timeless role as Paulie in the “Rocky” film franchise, has died at 83, his manager confirmed to ABC News. “Burt was an actor of tremendous emotional range. He could make you cry and he could scare you to death.…
DetailsThe burden of student loan debt has reached crisis levels, disproportionately affecting students of color and amplifying the racial wealth gap. Now, President Biden’s latest step will help 125,000 borrowers by erasing $9 billion in debt through existing programs. This debt load is not distributed evenly across populations, it falls disproportionately on students of color…
DetailsJohn Byrialsen’s Danish brood farm and former stallion station Viegaard Stutteri has been declared bankrupt. An executorial sale of the horse stock and buildings will follow. Danish Horror Farm The bankruptcy follows in the wake of a major police raid, which led to digging up the cadavers of 50 horses. The raid in August was the…
DetailsReuters. The Supertech ORB project, managed by the indebted Supertech group, has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Prayagraj National Company Law Tribunal (NCLT). This decision follows a plea from Assets Care and Reconstruction Enterprises Limited (ACRE) regarding a defaulted debt repayment of Rs. 482 crore, including both principal and…
DetailsRussias battle against Western technology giants continues, with the news that Googles Russian subsidiary has been declared bankrupt. Reuters cited the RIA news agency as reporting the development on Wednesday, with a Moscow court making the bankruptcy ruling after more than a year of proceedings. In May 2022 Russian bailiffs had seized 7.7bn roubles from…
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