Image by Rebecca Lintz Equestrian Australias rescheduled Annual General Meeting on January 25 lapsed after the number of voting members required in person or by proxy to form a quorum was not met. Under normal circumstances, only 20 voting members are required to constitute a quorum at the AGM, but as there was a Special…
DetailsPanarottis has closed its doors for good. Share this story Penriths ever-changing restaurant scene has had another major change, with long-time Italian restaurant Panarottis closing during the week. The restaurant had been a mainstay in Panthers for many years, originally opening in a spot accessible from the main foyer, and then moving inside when renovations…
DetailsBy Reuters Staff 3 Min Read (Adds details, background) PARIS, Jan 25 (Reuters) – The European Commission did not request extra time for talks on a planned restructuring of French state-controlled energy firm EDF, a source in the French finance ministry said on Monday. French broadcaster BFM Business reported on Monday that the European Commission…
DetailsSpeculation recently began to spread that Konami was abandoning its game development divisions, but the publisher insists that’s not true. In an announcement about internal restructuring, Konami divulged plans to dissolvea few of its Production Divisions, leading many to believe the publisher had abandoned gaming-related efforts; according to Konami, though, such speculation is inaccurate. Konami’s…
DetailsThe pandemic has left corporations like AMC with no option but to go into debt in order to see another day. Angela Weiss/Getty Images One of the biggest debates in Washington, D.C., is about how much debt the government should take on to get the country through the pandemic. On the corporate level, were seeing…
DetailsJudge Daniel Schaffer said the Official Receiver now should assess the position. // Debenhams has been wound up by theInsolvency and Companies Court // Judge Daniel Schaffer described Debenhams as a rudderless ship drifting in an ocean of insolvency // It comes after Boohoo confirmed it had bought the Debenhams brand & website for 55m…
DetailsA bankruptcy court judge Monday confirmed a liquidation plan for the former Weinstein Co., which filed for Chapter 11 three years ago as disgraced mogul Harvey Weinstein imploded in a sea of sexual abuse and harassment accusations. Weinstein the man is serving a 23-year sentence for rape and assault at a correctional facility in upstate…
DetailsThe National Company Law Appellate Tribunal (NCLAT) has set aside an order of insolvency against Kolkata-based RP Infosystems as the plea filed by the financial creditor, State Bank of India (SBI), was beyond the limitation period of three years. In its judgment, the NCLAT said that since the insolvency petition moved by SBI in 2019,…
DetailsThe gambling firm has renegotiated the terms of its senior secured debt notes to postpone their maturity to 2023 on the condition of a higher interest rate. Coderes Creditors Approve Renegotiation of Terms Spanish gambling group Codere SA has received green light by its creditors to renegotiate the terms of its senior secured debt notes.…
DetailsBy Reuters Staff 3 Min Read (Adds details, background) PARIS, Jan 25 (Reuters) – The European Commission did not request extra time for talks on a planned restructuring of French state-controlled energy firm EDF, a source in the French finance ministry said on Monday. French broadcaster BFM Business reported on Monday that the European Commission…
Details