Earlier, the general perception among bankers and even policy makers at RBI was that the absence of a strong bankruptcy code was behind the many ills in the banking system Representative Image … Read the full article at: http://www.business-standard.com/article/finance/bankers-wary-of-insolvency-code-as-high-provisioning-looms-117101300042_1.html
DetailsA woman who was ordered to pay £24,500 in unpaid fines after ignoring hundreds of parking tickets has been declared bankrupt with debts totalling more than £37,000. In a landmark ruling at Dundee Sheriff Court earlier this year, Carly Mackie was told she had to pay the unpaid charges to a private parking company. The…
DetailsBERLIN (AP) The German news agency dpa is reporting that Lufthansa CEO Carsten Spohr says the airline will sign an agreement to buy large parts of the bankrupt carrier Air Berlin. Spohr said in Berlin that both airlines will sign the agreement later on Thursday in Berlin. Spohr said, “Today is a big day, which…
DetailsMarka shareholders back restructuring efforts at retailer – The National x Abu Dhabi, UAEThursday 12 October 2017 Read the full article at: https://www.thenational.ae/business/marka-shareholders-back-restructuring-efforts-at-retailer-1.666746
DetailsKUALA LUMPUR: The Federal Land Development Authoritys (Felda) is putting the Grand Plaza Serviced Apartments in London for sale as part of its initiatives to reorganise and restructure its assets in order to strengthen its financial position. Its chairman, Tan Sri Shahrir Abdul Samad, said the decision was made following Feldas decision to dispose off…
DetailsFREMONT, Calif., Oct. 11, 2017 (GLOBE NEWSWIRE) — Sigma Designs, Inc.® (NASDAQ:SIGM), a leading provider of intelligent system-on-chip (SoC) solutions for Connected Smart TV Platforms and Internet of Things (IoT) Devices, today announced restructuring activities intended to refocus its operating expenses and accelerate the return to profitability. These actions, which will focus on streamlining the…
DetailsA debtor has had his appeal to the High Court dismissed in a preliminary hearing, on the basis that he did not have locus standi to appeal an application pursuant to the Personal Insolvency Acts 2012-2015, which was brought by a personal insolvency practitioner in the first instance. Finding in favour of Bank of Ireland…
DetailsBy Ciara Farmer For Mailonline Published: 20:50 +11:00, 12 October 2017 | Updated: 23:32 +11:00, 12 October 2017 e-mail 21 View comments He is one of Hollywood’s most sought after movie stars. So naturally Idris Elba attracts attention wherever he goes, as illustrated when he hit the red carpet alongside his girlfriend Sabrina Dhowre, 29, before…
DetailsAndrew Kuzma, Legally Speaking Published Oct 12, 2017 at 8:00 am (Updated Oct 11, 2017 at 8:09 pm) Andrew Kuzma
DetailsHOUSTON, Texas (KTRK) — This year-round liquidation company may have some of the best deals in town. Kenneth Sheffield with Sheffield & Sheffield Liquidation makes his living buying overstock items from big box retailers and selling them at liquidation prices to the public. Top name brands include Dewalt, Milwaukee, Ryobi and Hampton Bay. Most of…
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