Thursday August 10, 2023 Advertisement Advertisement Pie in the sky, or could farm waste create fuel for 600,000 flights a year? Consumer spending levels show that even Barbie can get old Volatile year and write-down of coal-fired plants send AGL to $1.26b loss Look at who’ll be joining our Albo at the White House –…
DetailsGerman chiller manufacturer Efficient Energy GmbH has filed for insolvency. The company created eChiller cooling machines which use the pure natural element water (R718) as refrigerant, At the request of the companys management, the local court in Munich ordered provisional insolvency administration in June and appointed the restructuring expert Dr. Matthias Hofmann from the law…
DetailsAug 10, 2023 3.41pm Key Points Why it matters: Insolvency numbers are jumping, and CBA says the ATO is partly responsible. After being soft and patient on tax during COVID-19, the ATO is now chasing debts aggressively. The long and the short of it is that people need to pay their taxes, a CBA executive…
DetailsBreadcrumb Trail Links PMN Business The founder of Noble Group, the commodity trader that collapsed into insolvency in 2018, is suing the company over a debt restructuring that he says was unfair to minority shareholders including himself. Author of the article: Bloomberg News Stephen Engle, Jack Farchy and Siuming Ho Published Aug 09, 2023 …
DetailsVoluntary Chapter 11 Commenced to Finalize Consensual Go-Forward Plan for Amyris’ Core Business $190 Million Financing Commitment from Foris Ventures to Support Day-to-Day Operations EMERYVILLE, Calif., Aug. 9, 2023 /PRNewswire/ — Amyris, Inc. (Nasdaq: AMRS) (“Amyris” or the “Company”), a leading synthetic biotechnology company accelerating the world’s transition to sustainable consumption through its Lab-to-Market technology…
DetailsAugust 10, 2023 09:59 | News Cash-strapped businesses are buckling under pressure from the Australian Taxation Office and other creditors as the insolvency trickle turns into a surge. Thats the verdict from comparison site Insolvency Australia, which found the number of businesses going bust has risen significantly in the past year. Companies appointing administrators, liquidators…
DetailsCassandra MorganAAP Camera Icon Cash-strapped businesses are under pressure from the Australian Taxation Office and other creditors. (Tom Compagnoni/AAP PHOTOS) Credit: AAP Share to Facebook Share to Twitter Email Us Copy the Link Cash-strapped businesses are buckling under pressure from the Australian Taxation Office and other creditors as the insolvency trickle turns into a “surge”.…
DetailsASIC has commenced proceedings in the Federal Court against Bakken Holdings Pty Ltd (Bakken), an operator of the debt management business Solve My Debt Now, following concerns of substantial consumer harm. ASIC alleges customers of Solve My Debt Now were in financial hardship and often had, or were about to, default on credit facilities such…
DetailsEngine LessorWillis Lease Finance Corporation (WLFC) Tuesday argued that the insolvency petition filed by the company against airline Spicejet before the National Company Law Tribunal was maintainable, and the demand notice issued by the lessor could not be questioned.The reply came in response to the arguments made by Spicejet questioning the maintainability of WLFCs petition…
DetailsMichael A. Criscito Joins FTI Consulting to Co-Lead Real Estate Restructuring Advisory Services FTI Consulting Senior Managing Director Cynthia A. Nelson Also Named Co-Leader of Real Estate Restructuring Advisory Services Washington, D.C., Aug. 9, 2023 FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Michael A. Criscito as a Senior Managing Director and Co-Leader of…
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