Page 4134 – Insolvency Advisory Accountants

FTI Consulting Wins Small Company Transaction of the Year from Turnaround Management Association – Markets Insider

RestructuringBy Insolvency Advisory Accountants October 23, 2017

WASHINGTON, Oct. 23, 2017 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE:FCN) today announced that its Corporate Finance & Restructuring segment received the Turnaround Management Associations Small Company Transaction of the Year Award for its role in the bankruptcy reorganization of energy project development company Juniper GTL LLC. Juniper was constructing one of the first natural…

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Banned: The couple who lived a life of luxury on money they’d taken from the poor and vulnerable – Mirror.co.uk

Debt HelpBy Insolvency Advisory Accountants October 23, 2017

First Step Finance was a company that promised to help. Its clients were mostly poor, who had gone to them for financial support and getting out of debt. The firm, run by Christine and Adrian Whitehurst, told customers their money would be gathered in secure pots, and used to make a final payment clearing their…

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Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss – Yahoo7 News

RestructuringBy Insolvency Advisory Accountants October 23, 2017

By Anshuman Daga Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss SINGAPORE (Reuters) – Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. Monday’s…

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UK watchdog bans high-living debt management husband and wife for deception – Reuters

Debt HelpBy Insolvency Advisory Accountants October 23, 2017

LONDON, Oct 23 (Reuters) – A husband and wife debt management duo paid for luxury hotels and cars by deceiving more than 4,000 customers who lost in excess of 6 million pounds ($8 million), Britains Financial Conduct Authority (FCA) said on Monday. The watchdog said it banned Adrian and Christine Whitehurst from any involvement in…

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Sinochem plans to acquire assets around the world, think global – South China Morning Post

RestructuringBy Insolvency Advisory Accountants October 23, 2017

Chinas US$60 billion chemical giant Sinochem Group is eyeing overseas merger and acquisition opportunities and plans to introduce strategic investors in three to five years for its business arms, according to company chairman Frank Ning Gaoning. The state-owned enterprise (SOE) will focus on bulk petrochemical and downstream products, develop high value-added materials and life science…

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The tricks to paying off your mortgage in under 10 years – NEWS.com.au

Debt HelpBy Insolvency Advisory Accountants October 23, 2017

WITH the thought of owning your own home seeming like a distant dream to many young people, one Aussie mum has proven that paying off your mortgage doesnt have to fill you with dread. Heidi Farrelly is a preschool teacher and lives in Sydney with her 35-year-old husband Clinton and their seven-year-old daughter. They bought…

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St Luke’s Anglicare achieves $450000 in debt waivers in 10 months as disadvantaged struggle with pay day loans … – Bendigo Advertiser

Debt HelpBy Insolvency Advisory Accountants October 23, 2017

ST Lukes Anglicare has saved disadvantaged people more than $450,000 in debt waivers in Bendigo, Echuca, Mildura and Wangaratta in the last 10 months but they fear they are only just scratching the surface. The organisations financial counselling service has seen a drastic increase in the number of people facing financial stress due to interest on…

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Air Berlin reports earnings ahead of insolvency – MarketWatch

BankruptcyBy Insolvency Advisory Accountants October 23, 2017

Air Berlin PLC (AB1.XE) has reported first-half results, but warned that they don’t provide a true or fair view of its financial situation. The airline said that the results cover the period in which it still had backing from Etihad Airways ETAIR …

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Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss – Reuters

RestructuringBy Insolvency Advisory Accountants October 23, 2017

SINGAPORE (Reuters) – Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter. The company logo of Noble Group is displayed at its office in Hong Kong, China January 22,…

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Bhushan Steel rallies 20% as ArcelorMittal mulls buying stake – Hindu Business Line

BankruptcyBy Insolvency Advisory Accountants October 23, 2017

October 23, 2017: Bhushan Steel shares rallied as much as 20 per cent on Monday as a media report said that ArcelorMittal has showed interest in buying the company. Global steel giant ArcelorMittal has evinced interest in buying debt-laden Bhushan Steel, which has been referred by the Reserve Bank of India for liquidation under the…

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