The Orissa High Court has directed the State Government to restrain the Essar Steel Ltd, the Bhushan Steel Ltd and the Bhushan Power & Steel Ltd from carrying out any mining activities in Odisha. The court verdict came after adjudication of a writ petition filed by advocate and Citizen Action Forum general secretary Chitta Ranjan…
Details(August 29, 2018) Littler, the worlds largest employment and labor law practice representing management, has appointed Shareholder Arthur Carter (Dallas) as co-chair of its Business Restructuring and M&A practice group, succeeding Shareholder Robert Long (New York/Chicago/Miami). Carter joins Shareholder and Co-Chair Kerry Notestine (Houston) to lead Littlers team that advises clients on how to structure…
DetailsThe ITV stalwarts bought top of the range holiday homes near each other at an exclusive golf course in Portugal back in 2015. However the plush Keys resort, where Dec celebrated his 40th Birthday, has gone bankrupt and now owes millions to a government bank. Troubled Ant, 42, who is recovering from alcohol and drug…
DetailsAUSSIES struggling with financial wellbeing want their employers to help, though not necessarily in the form of a payrise, new research suggests. Fintech firm Map My Plan canvassed employees from a range of organisations for its Financial Stress in the Australian Workplace insight paper, finding 31 per cent were worried about their finances and 8…
DetailsA new perk at Abbott Laboratories that helps employees save for retirement even as they pay down student debt has caught the attention of a national employer group that is asking the government to clear the way for more companies to offer a similar benefit. Abbott had sought and received the blessing of the Internal…
DetailsBon-Ton’s website on Friday was displaying a message suggesting the bankrupt store has comeback plans.(Photo: Screengrab) Bon-Ton Stores Inc., the more than century-old department store chain that declared bankruptcy in February and shut its doors Wednesday, may be close to a comeback. The rights to relaunch the retailer and its subsidiary brands are close to…
DetailsBoston Store’s website on Friday was displaying a message suggesting the bankrupt store has comeback plans.(Photo: Screen grab, ) Bon-Ton Stores Inc., the more than century-old department store chain that declared bankruptcy in February and shut its doors Wednesday, may be close to a comeback. The rights to relaunch the retailer and its subsidiary brands…
DetailsAn early Mario Mandzukic goal and a second-half strike from Blaise Matuidi gave Juve their third win in as many league games this season, although Ronaldo was left without a goal in his first 270 minutes with the Turin side. Ivorian forward Gervinho scored in between for Parma, his first goal since joining them in…
DetailsMONTREAL, Aug. 31, 2018 /PRNewswire/ – BioAmber Inc. (the “Company”) (OTCPK: BIOAQ) announces that following a Court order issued on August 28th, 2018, the stay period ordered by the Court in connection with its restructuring process under the terms of the Companies’ Creditors Arrangement Act has been extended until September 18th, 2018, in order to give…
DetailsThe liquidation of a company and sale of stressed assets on a piecemeal manner may not be the best way as valuations could further dip and may be detrimental to the interest of various stakeholders as also lenders. The Insolvency and Bankruptcy Code, seeking to facilitate resolution plans guided by the National Company Law Tribunals,…
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