Hundreds of property owners who signed up with failed construction company Watersun Homes remain without a builder to complete their homes. More than 400 homes were left unfinished when the Victorian arm of Watersun Homes, WSH Group, went into administration in February Play Video Don’t Play Passenger in critical condition after PSO ‘wrestle’ Play Video Don’t…
DetailsMIAMI, FL, Mar 28, 2017 (Marketwired via COMTEX) — MIAMI, FL–(Marketwired – Mar 28, 2017) – Metrospaces, Inc. (otc pink:MSPC) announces the restructuring of its Venezuelan assets and negotiations to acquire businesses and real estate projects in the U.S.A. Mr. Silva, Metrospaces CEO, stated: “The Venezuelan economic and political situation has deteriorated faster and further…
DetailsPacific Andes intends to continue its restructuring process. Two subsidiaries of Pacific Andes request to be declared bankrupt HONG KONG Wednesday, March 29, 2017, 02:50 (GMT + 9) As part of its restructuring process, Pacific Andes International Holdings (PAIH) announced that two indirect subsidiaries, Golden Target Pacific Limited and Nouvelle Foods International Limited, have filed…
Details28 Mar 2017 Idempapers has more time to restructure its business and find a buyer. The commercial court of Nivelles extended the restructuring period for the specialty paper maker until 8 May. Belgian specialty paper manufacturer Idempapers is to remain under court-supervised restructuring. The company told EUWID that it applied on 27 March for…
DetailsBy Helena Soderpalm and Olof Swahnberg | STOCKHOLM An attempt by Ericsson’s (ERICb.ST) new chief executive to lay out his strategy for the Swedish telecoms equipment maker backfired on Tuesday when it exposed problems related to some of its main contracts. Chief Executive Borje Ekholm, who took charge only in January, announced up to $1.7…
DetailsHome owners caught up in the Watersun Homes collapse say they have been left with homes so faulty or incomplete that other builders have refused to work on them. Despite administrators finding construction companies to finish around 200 of the affected properties across Victoria, about 100 homes remain languishing with no one willing to take…
DetailsShare this: Bulgarias Litex Motors, the owner and operator of the sole car assembly plant in the country, has filed for bankruptcy last month, reports in Bulgarian media said on March 28. Founded in 2008, the company struck an agreement to assemble cars from kits provided by Chinas Great Wall Motors. The plant near Lovech…
DetailsComments Share via email Share on facebook Share on twitter Share on LinkedIn Print An attempt by Ericssons new chief executive to lay out his strategy for the Swedish telecoms equipment maker backfired on Tuesday when it exposed problems related to some of its main contracts. Chief Executive Borje Ekholm, who took charge only in…
DetailsBulgarian supermarket chain Piccadilly has been declared insolvent and a court has appointed a temporary receiver to the business. The company owes around BGN 86 million (42.9 million) of debt towards the State, banks and suppliers, reports local weekly Capital. A general meeting of creditors has been convened for April. In 2013, Piccadilly operatd 40…
DetailsI am facing problems with my debts and need a loan to clear them. My liabilities include credit cards and money I have borrowed from others. In total I owe Dh75,000 to different friends and relatives and a further Dh160,000 to the banks. I signed up for my first credit card in 2006 and then…
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