Law firm Howes Percival is targeting further national expansion of its insolvency team following the acquisition of Summers Nigh Law, and the recruitment of Michael Green, Weightman’s former national head of Restructuring/Insolvency. Summers Nigh Law is a niche insolvency firm with a significant number of local and national clients in the development & construction, manufacturing,…
DetailsUPDATE 7pm: AFTER months of uncertainty an embattled central Queensland miner and part-owner of Wiggins Island Coal Export Terminal was placed into liquidation today. Administrators PPB Advisory confirmed this afternoon creditors voted that all five companies in the Caledon Coal Group (Caledon Coal Pty Ltd, CC Pty Ltd, Guangdong Rising (Australia) Pty Ltd, Blackwater Coal…
DetailsBankruptcy filings in the first half of 2017 were down 1.5% from the same time a year ago in Wisconsin.(Photo: Journal Sentinel file photo) Wisconsin posted its fewest bankruptcy filings in a decade in the first half of 2017, a reflection of an improved economy and the availability of jobs. The 8,921 bankruptcy petitions filed…
DetailsGoldman Sachs has been having a tough time in bond trading,a business that was once a dependable source of revenue.The US bank delivered $US2.8 billion in fixed income, currencies and commodities client execution revenues in the first half of 2017, down 19% from the same period last year. That figure was $US4.7 billion in 2015…
DetailsNEC Australia has reported an operating loss of $19.3 million and engaged in a company restructure that saw redundancies and the elimination of two business lines, costing an additional $22 million to the IT suppliers bottom line. After non-operating adjustments, including interest costs and customer base amortisation, NEC reported a total comprehensive loss before tax…
DetailsGov. Paul LePage has vowed to fight for bonds aimed at attracting young people and supporting research and development. The governor on a Tuesday radio appearance expressed frustration with fellow Republicans opposed to such efforts. A $40 million bond would help pay off student loans for those who agree to live and work in Maine…
DetailsIf the orders are granted, all nine individuals could be disqualified from holding any role to do with the running or control of a company for periods of between two and a half and six years, according to a statement from the Insolvency Service. Director disqualifications run for a minimum of two and a maximum…
DetailsJul 31, 2017 (TheNewswire.ca via COMTEX) — (via TheNewswire) July 31, 2017 / TheNewswire / Calverton, NY – Graphene 3D Lab Inc. (GGG)(otcqb:GPHBF) (the “Company”) announces that Mr. Roman Rabinovich has been appointed to the Board of Directors, effective immediately. Mr. Rabinovich serves as a Senior Director at FTI Consulting. FTI Consulting is one of…
DetailsSummer is the season for harmful algae blooms in many U.S. lakes and bays. They occur when water bodies become overloaded with nitrogen and phosphorus from farms, water treatment plants and other sources. Warm water and lots of nutrients promote rapid growth of algae that can be toxic and potentially fatal to aquatic life and…
DetailsShares in Under Armour tumbled nearly 9 per cent in pre-market trading on Tuesday after the sportswear maker reported its second straight quarter of losses and launched a major restructuring plan that would slice its 2017 operating profit by half. The Maryland-based company also lowered its full year sales expectations amid tough trading conditions in…
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