Ed Crooks January 4, 2018 Westinghouse Electric Company,the US nuclear engineering group that went into chapter 11 bankruptcy last year, has been sold by its owner Toshiba to Brookfield Business Partners, the private equity group, for $4.6bn. The deal is conditional on approval from the bankruptcy court and regulators around the world. Brookfield is funding…
DetailsImage copyright Lincolnshire Police Image caption Charles Smith claimed the people he owed money to had visited the houses of his mother and his children chasing the debts A man caught throwing packages of drugs over the wall into Lincoln Prison in a bid to clear his debts has been jailed for two years. Charles…
DetailsMan throws £2,800 worth of drugs over wall at Lincoln prison Charles Smith who has been sentenced to two years in prison A man threw drug packages worth up to £2,870 over the wall at Lincoln prison in an attempt to reduce his gambling debt. Charles Smith, 32, of Earlesfield Lane, Grantham, was caught on…
DetailsA man threw drug packages worth up to £2,870 over the wall at Lincoln prison in an attempt to reduce his gambling debt. Charles Smith, 32, of Earlesfield Lane, Grantham, was caught on CCTV security cameras when he threw two packages that contained synthetic cannabis, ecstasy and cocaine into the prison. Prosecuting, Andrew Scott, told…
DetailsFRANKFURT (Reuters) – A Berlin court on Thursday rebuffed a legal challenge to the insolvency filing of airline Niki, which could derail the sale of the Air Berlin <AB1.DE> unit to Britain’s IAG <ICAG.L>, and referred the case to a higher court for a ruling. Niki filed for insolvency in Berlin last month after Germany’s…
DetailsA man withdraws money from an ATM at a branch of Vietnam Prosperity Joint Stock Commercial Bank (VPBank) in Hanoi, Vietnam Nov 15, 2017. (Reuters photo) HANOI: Vietnams national assembly on Monday gave authorities the ability to declare troubled banks bankrupt, through an amendment to a law on the operation of credit organisations, the government…
DetailsA Grantham man who threw packages of drugs over the wall into Lincoln Prison has himself been jailed for two years. Charles Smith was caught on CCTV security cameras as he threw two packages containing cocaine, ecstasy and synthetic cannabis. Andrew Scott, prosecuting, told Lincoln Crown Court that one of the packages was found by…
DetailsADVISORS at Wiltshire Citizens Advice expect January 31 to be the years busiest day for debt advice. They say that people seeking help with their debts generally call for help on the last day of January. Locally, Wiltshire Citizens Advice is expecting 300 people to seek advice on debt this month. Suzanne Wigmore, Chief Officer…
DetailsMUMBAI: The Reserve Bank of India has ordered banks not to initiate bankruptcy proceedings against Jaiprakash Associates, possibly in anticipation of legal complications after a Supreme Court ruling barred its promoters from selling or transferring assets, said bank executives. The ruling was aimed at safeguarding the interests of buyers of homes being built by the…
DetailsLondon-based Foresight Solar Fund has followed through on plans to acquire three solar projects under construction in Queensland after sealing a $55 million debt facility from the Clean Energy Finance Corporation thanks to the inclusion of innovative forecasting technology. The acquisition of the three solar farms from Canadian Solar will expand Foresight’s portfolio in Australia to 252 megawatts,…
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