Bankrupt Gibson Guitar Introduces a Simplified 2019 Electric Guitar Lineup – Digital Music News

photo: Gibson Brands, Inc. Gibson Brands, Inc. declared bankruptcy in May, but the company is soldiering on with a brand-new electric guitar line-up. Dont expect to find fancy add-ons or tech-related doodads in this simplified range.  And thats on purpose. Just recently, Gibson asked a federal bankruptcy judge to absolve the company of a $60…

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How your client’s insolvency can affect your business – Business Up North

The closure of Carillion and worldwide giant, Toys R Us, only highlighted the financial issues plaguing many businesses. The latest insolvency statistics have also suggested the effects regarding company insolvency can run much deeper than originally thought. Business Rescue Expert, a leading insolvency practitioner firm based in the North East, are sharing the knock-on impacts…

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John Studzinski a key figure in one of the biggest deals of the financial crisis is joining Pimco – Business Insider

John Studzinski, one of the most prominent figures in global finance, is taking up a senior role at Pimco. Pimco, founded by the investing legend Bill Gross, is one of the worlds biggest fixed-income-focused investment companies. Studzinski was previously a senior figure at the private-equity giant Blackstone, and he was crucial in the restructuring of…

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Sterling Biotech Ltd. – Corporate Insolvency Resolution Process (CIRP)-Updates – Corporate Insolvency Resolution … – The Hindu BusinessLine

Dear Sir / Madam, We would like to inform you that 3rd meeting of Committee of Creditors of Sterling Biotech Limited was held on Tuesday, 04th September 2018 at 03.00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. The Meeting commenced on 03.00 P.M. IST and…

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Batting on: Liquidators have Spartan on the back foot – The Sydney Morning Herald

But six years after bursting onto the scene, Fairfax Media can reveal that parts of the Spartan empire are in financial strife. While the Spartan group is mulling a listing on the Australian Securities Exchange, the companys wholesale arm is beset with debts. Spartan group company SSG Wholesale (Australia) – known as Spartan Sporting Goods…

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Debt Relief Bill adopted by trade and industry committee — but the DA isn’t happy – Business Day

On Wednesday, Parliaments trade and industry committee adopted the controversial Debt Relief Bill, which is intended to help the heavily indebted. The proposed amendments to the National Credit Amendment Bill strongly opposed by the banking industry and the DA will now go to the National Assembly for adoption. The bill was proposed and developed by…

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