Ascent Capital Group and Monitronics International Announce Restructuring Support Agreement – Associated Press

Restructuring

ENGLEWOOD, Colo., May 21, 2019 (GLOBE NEWSWIRE) — Ascent Capital Group, Inc. (Ascent) (NASDAQ: ASCMA) today announced that its wholly owned subsidiary Monitronics International, Inc. (Monitronics or the Company) has entered into a Restructuring Support Agreement (the Support Agreement) with its largest creditors that will eliminate approximately $885 million in debt. Under the terms of…

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Mount Shivalik Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution Process (CIRP) – The Hindu BusinessLine

Liquidation

This is to inform you that the 16th Meeting of Committee of Creditors (CoC) was held on 15th May, 2019. In the meeting, the revised bids submitted by the Resolution applicants were placed before the COC members. After discussions on the Revised Bid and meeting with representatives of both Resolution Applicants i.e. SOM Distilleries Pvt…

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British Steel falls into liquidation after failing to secure funding – Reuters

Liquidation

LONDON (Reuters) – British Steel, the countrys second largest steel producer, has collapsed and put 25,000 jobs at risk after failing to secure emergency government funding, Britains Official Receiver said on Wednesday. The High Court ordered the compulsory liquidation of the company, although staff will remain employed for now as the liquidator oversees the operation…

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Ascent Capital Group and Monitronics International Announce Restructuring Support Agreement – Associated Press

Restructuring

ENGLEWOOD, Colo., May 21, 2019 (GLOBE NEWSWIRE) — Ascent Capital Group, Inc. (Ascent) (NASDAQ: ASCMA) today announced that its wholly owned subsidiary Monitronics International, Inc. (Monitronics or the Company) has entered into a Restructuring Support Agreement (the Support Agreement) with its largest creditors that will eliminate approximately $885 million in debt. Under the terms of…

Details

Gambling Addict Steals Jewellery from His Family to Cover £20,000 Gambling Debt – Casino Guardian

Gambling

Leigh Clewlow from Hanley, Stoke-on-Trent, was handed a suspended prison sentence after being found guilty of theft, a result of his serious gambling addiction. The 35-year-old man stole money and jewellery from his family to cover a 20,000 gambling debt after losing his job and marriage. Gambling addiction, which affects around 400,000 people in…

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Ascent Capital Group and Monitronics International Announce Restructuring Support Agreement – GlobeNewswire

Restructuring

ENGLEWOOD, Colo., May 21, 2019 (GLOBE NEWSWIRE) — Ascent Capital Group, Inc. (Ascent) (NASDAQ: ASCMA) today announced that its wholly owned subsidiary Monitronics International, Inc. (Monitronics or the Company) has entered into a Restructuring Support Agreement (the Support Agreement) with its largest creditors that will eliminate approximately $885 million in debt. Under the terms of…

Details