Page 3510 – Insolvency Advisory Accountants

Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Yangtze River Port and Logistics Limited – PRNewswire

BankruptcyBy Insolvency Advisory Accountants February 6, 2019

NEW YORK, Feb. 5, 2019 /PRNewswire/ —Scott+Scott Attorneys at Law LLP(“Scott+Scott”), a national shareholder and consumer rights litigation firm, reminds investors that a class action lawsuit has been filed against Yangtze River Port and Logistics Limited (“Yangtze” or the “Company”) (NASDAQ: YRIV) and other defendants, related to alleged violations of federal securities laws. If you…

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Collapsed make-up business Napoleon Perdis backflips on gift cards – The West Australian

RestructuringBy Insolvency Advisory Accountants February 6, 2019

Australian cosmetics empire Napoleon Perdis Group will now honour gift cards and e-vouchers purchased before it went into voluntary administration. Administrators Simon Cathro, Chris Cook and Ivan Glavas, of Worrells Solvency Accountants, announced the struggling brand was now in a position to honour the vouchers on Wednesday. The about-face comes after many frustrated customers took…

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Radheshyam Biswas urges Centre to revive defunct paper mills – Barak Bulletin

BankruptcyBy Insolvency Advisory Accountants February 6, 2019

Karimganj MP Radheshyam Biswas has urged the Centre to consider the matter of the two defunct paper mills of the Hindustan Paper Corporation in Assam with immediate priority and take prompt steps to reopen the units at the earliest. The mills Cachar Paper Mill and Nagaon Paper Mill have been lying defunct since 2015 and…

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Wagga staff entitlements uncertain as Napoleon Perdis makeup store closes down – Daily Advertiser

LiquidationBy Insolvency Advisory Accountants February 5, 2019

news, local-news, Waggas branch of the Napoleon Perdis makeup store chain has beenpermanently closedabout a week after its parent company went into voluntary administration. An unknown number of employees have lost their jobs and the payout of entitlements will depend on votes by the chains creditors. The citys Wagga Marketplace store, which was temporarilyshuton Thursday…

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Hr 2.3 billion smuggled out of bank prior to bankruptcy – Kyiv Post

BankruptcyBy Insolvency Advisory Accountants February 5, 2019

Popular on social media Billions of dollars have been stolen from Ukrainians through various abuses of the banking system over the past decade, and many of the crooks remain unpunished, according to a Feb. 4 press release by the Deposit Guarantee Fund of Ukraine. Citing one example, the fund, the state body responsible for overseeing…

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Natural Light, among other corporations, help with college debt relief – The Badger Herald

Debt HelpBy Insolvency Advisory Accountants February 5, 2019

In the U.S., higher education is treated like a necessity but priced like a luxury. Financial aid isnt always enough to ensure that students can make it through college without taking out loans. But students across the country are finding unique and creative ways to ease the burden of tuition costs. One of these ways…

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NCLT Chennai approves Bafna Pharmaceuticals corporate insolvency resolution plan – BusinessLine

LiquidationBy Insolvency Advisory Accountants February 5, 2019

City-based Bafna Pharmaceuticals today announced that Chennai bench of National Company Law Tribunal (NCLT) has approved the resolution plan submitted by the company under corporate insolvency resolution process. In an exchange filing, the company said the Chenai bench of the tribunal, by its order dated February 1, 2019, has approved the resolution plan submitted by…

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Chris Yelland: Managing hopes and fears around restructuring Eskom – Fin24

RestructuringBy Insolvency Advisory Accountants February 5, 2019

For more than a year, in order to secure ongoing funding, there has been an urgent need to provide the local and global financial communities with assurances that there is a credible Eskom recovery plan in place that is supported by government and the treasury. To this end, Eskom presented a long-awaited turnaround plan and…

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NCLT orders Reid & Taylor liquidation – Economic Times

LiquidationBy Insolvency Advisory Accountants February 5, 2019

MUMBAI: A two judge bench of the Mumbai national company law tribunal (NCLT) has ordered the liquidation of the apparel maker Reid & Taylor (R&T) after none of the suitors to the company were able to garner the required funding guarantees to validate their interest in the company. In a ruling on Tuesday judges Bhaskar…

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Germania Halts Operations and Files for Insolvency | Air Transport News – Aviation International News

BankruptcyBy Insolvency Advisory Accountants February 5, 2019

The German civil aviation authority Luftfahrt-Bundesamt today revoked the operating license of Germania Fluggesellschaft after the company filed for insolvency and ceased flight operations in the night between February 4 and February 5. The Berlin-based leisure carrier blamed unforeseeable events such as the increases in fuel prices last summer and the simultaneous weakening of the…

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