New Delhi: Top global players including Tata Steel, Essar Group and ArcelorMittal are learnt to have submitted bids to acquire debt-laden Essar Steel which is going through the insolvency resolution process. Essar Steel India Ltd, an integrated steel producer with an installed capacity of 10 million tonne per annum (MTPA) is undergoing Corporate Insolvency Resolution…
DetailsMAYBE its a West Australian thing, but Richard Goyder cant help but shake his head and chuckle when chatting about his elevation to the most powerful position in Australian sport. At the kitchen table of his beautifully renovated Toodyay homestead, relaxed in a blue Sloppy Joe, grubby work jeans and thick socks any country boy…
DetailsThe phone rings. You dont recognize the number, but you answer anyway. Its a debt collector demanding immediate payment on a debt that doesnt belong to you, or one youve already paid. Suddenly youre facing a phantom a phantom debt, that is. That debt might not belong to you, but telling that to the collector…
DetailsThu, Oct 26, 2017 – 7:58 AM JAYA Holdings on Thursday said it is seeking voluntary liquidation, with the remaining cash to be distributed to shareholders. The company has submitted a proposal on the proposed voluntary liquidation to the Singapore Exchange (SGX). It will be convening an extraordinary general meeting to approve the proposal, and…
DetailsTAMIL NADU Staff Reporter Coimbatore, October 27, 2017 00:00 IST Updated: October 27, 2017 03:52 IST “; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case “small”: device…
DetailsST. JOHNS, Antigua After Hurricane Irma decimated the Caribbean island of Barbuda, Bishop Gabriel Malzaire, president of the Antilles bishops conference, said the country should be given a break from paying its debts while it rebuilds after the storm. This is not the first disaster of this kind and nor is it likely to be…
DetailsThe former trustees of Kids Company are seeking to avoid court action by agreeing to voluntary boardroom bans in the aftermath of its collapse. Sky News has learnt that lawyers for a number of the charity’s ex-directors are in talks with the Government’s Insolvency Service about giving formal undertakings not to serve as company directors…
DetailsBy Associated Press Published: 21:44 AEDT, 28 October 2017 | Updated: 21:54 AEDT, 28 October 2017 e-mail BERLIN (AP) – Budget airline easyJet says it has reached an agreement with Air Berlin to buy parts of the bankrupt German airline as part of a 40-million euro ($46 million) deal. The British airline said Saturday in…
DetailsUAE Helping Hands: emergency surgery leaves uninsured woman with mountain of debt – The National x Abu Dhabi, UAESaturday 28 October 2017 Read the full article at: https://www.thenational.ae/uae/uae-helping-hands-emergency-surgery-leaves-uninsured-woman-with-mountain-of-debt-1.670899
DetailsMIAMI, Oct 28 (Thomson Reuters Foundation) – A plan by British billionaire Richard Branson to lead a post-hurricane rebuilding effort in the Caribbean, with a focus on clean energy projects, may include debt relief negotiations mediated by the International Monetary Fund. Branson is spearheading a plan to help Caribbean nations recover after Hurricanes Irma and…
Details