Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

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HELLA restructures aftermarket business – Automotive World (press release)

The lighting and electronics specialist HELLA is restructuring its aftermarket business. HELLA will thus align its aftermarket activities even more consequently along its own original equipment competencies especially in the areas of lighting and electronics while closely linking them to the companys great workshop equipment expertise. In this context, the successful repair solutions business will…

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Deal With Insolvency Proceedings Against Jaypee: Top Court To Tribunal – NDTV

Supreme court had earlier reserved its order on “interim reliefs” sought by various stakeholders (File) New Delhi:  In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from…

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BioAmber Provides Update on Liquidation Process – Markets Insider

MONTREAL, Aug. 9, 2018 /CNW Telbec/ – BioAmber Inc. (OTCPK: BIOAQ) announces that following a court order issued on July 31, 2018, the company, along with its monitor, PricewaterhouseCoopers (PWC), has initiated a liquidation process pursuant to which offers will be solicited from liquidators and/or strategic buyers to proceed with the liquidation of the company’s assets or…

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Abg Shipyard Ltd. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

Dear Sir / Madam, We would like to inform you that meeting of 15th Committee of Creditors of ABG Shipyard Limited was held on Wednesday, 08th August 2018 at Mayfair Banquets, 254-C Dr. Annie Besant Road, Worli Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra. The Meeting commenced on 02.30 P.M. IST and concluded on 07.30 P.M.…

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Crisis-hit council expected to cut vital services after being effectively declared bankrupt – Telegraph.co.uk

A crisis-hit council is expected to cut vital services after being effectively declared bankrupt. Northamptonshire County Council will meet today to discuss a radical cost-cutting proposal in response to its £70 million budget shortfall. Proposals to be discussed include redundancies and radical cuts to areas including childrens services, road maintenance and waste management. Anne Longford, the…

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Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

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