Hyderabad: The National Company Law Appellate Tribunal (NCLAT) has on Wednesday stayed corporate insolvency resolution process and appointment of an interim resolution professional for Hyderabad-based infrastructure firm Gayatri Projects. In a communique to the bourses, Gayatri Projects said it has moved the appellate tribunal against the orders of the National Company Law Tribunal (NCLT) bench…
Details18th October 2017 // Legal News, Misc, News Kings Casino Owner Tsoukernik Remains an Active Defendant on Claims by Matthew Aussie Matt Kirk of Fraudulent Inducement and Unjust Enrichment On Tuesday, Clark County (Las Vegas) District Court Judge Linda Marie Bell dismissed eight of ten civil counts filed against the Czech Republics Kings Casino owner…
DetailsFILE PHOTO: Illustration photo of a Kit Kat chocolate bar Thomson Reuters ZURICH (Reuters) – Food group Nestle said it expected its operating margin to slip by 40 to 60 basis points in 2017 due to higher restructuring costs and said full-year organic sales growth should be in line with the 2.6 percent seen in…
DetailsTHE PAST TWO DECADES or so have witnessed global economic integration at an unprecedented rate. As a result, there has been a huge increase in the number of companies that operate on a cross-border basis. Companies operate on a cross-border basis in many ways, including through investing and owning assets in other jurisdictions and through establishing…
DetailsA Clark County, Nevada District Court Judge isnt making it easy for Australian poker pro Matthew Kirk to get $2 million back from Kings Casino owner Leon Tsoukernik, but she did leave the window open a crack for Kirk to keep trying. In a decision on Friday, District Judge Linda Marie Bell tossed out all…
DetailsChinese economic growth met expectations during the September quarter, maintaining the familiar pattern seen in each of the past ten GDP reports. According to the National Bureau of Statistics (NBS), GDP grew by 6.8% in the third quarter, down slightly on the 6.9% pace seen in the year to June. The result was in line…
DetailsRising insolvencies hint at growing cracks in Australia’s economy. 2017 has been a financially stressful year for Australians. According to the Australian Financial Security Authority (AFSA), personal insolvencies are up by 8% in the September 2017 quarter compared to the same quarter last year. This is the second distinct spike in 2017, with the March…
DetailsPHILADELPHIA–(BUSINESS WIRE)–Radian Group Inc. (NYSE: RDN) today provided an update on three strategic actions designed to strengthen the companys financial position, improve its debt maturity profile, grow sustainable revenues and profitability in its Mortgage and Real Estate Services business, and increase stockholder value. These three actions are outlined below: On October 16, 2017, Radian entered…
DetailsWhile Washington is filled with talk about cutting taxes and possibly health care benefits, Tampa Representative Kathy Castor sat down with current and former students from the University of South Florida (USF) and the University of Tampa (UT) at the Attic in downtown Tampa on Wednesday to ask them about two of her potential…
DetailsVulnerable Australians are drowning in debt struggling to overcome financial woes that are being magnified by attempts to manage the issues via increased debt and gambling, according to new research. Data released by The Salvation Army on Tuesday to coincide with Anti-Poverty Week shows people seeking financial assistance through its Moneycare financial counselling service are…
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