SoLocal Group: Changes in the Position of Creditors on the Financial Restructuring Plan – Business Wire (press release)

Restructuring

BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: SoLocal Group (Paris:LOCAL): Creditors (funds managed or advised by Paulson & Co., Monarch Alternative Capital (Europe) Ltd and Amber Capital UK Holdings Ltd) representing approximately 37% of the outstanding debt and parties to the agreement with the Company on the revised financial restructuring plan announced on 3 November 2016, have sent…

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Restructuring at Airbus puts 780 jobs at risk: report – Business Insider

Restructuring

Airbus’s logo is seen during Japan Aerospace 2016 air show in Tokyo Thomson Reuters PARIS (Reuters) – Restructuring plans at planemaker Airbus could result in 780 job cuts, French business newspaper Les Echos reported on Wednesday, citing an estimate from the CFTC trade union. Airbus Group in September announced it would merge with its planemaking…

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Insolvency and Bankruptcy Board (IBBI) of India notifies two Regulations – Business Standard

Bankruptcy

The Insolvency and Bankruptcy Board of India (IBBI), in exercise of its powers conferred under section 240 of the Insolvency and Bankruptcy Code, 2016, has notified the following two regulations yesterday: The Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016, and The Insolvency and…

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Fyshwick builder Today’s Homes & Lifestyle goes into voluntary … – The Sydney Morning Herald

Liquidation

Almost 40 prospective Canberra home owners, as well as an unknown number of sub-contractors, face an uncertain future following Today’s Homes and Lifestyle Pty Ltd’s decision to go into voluntary administration. The Fyshwick based company, which was first registered in 1994 and trades as Today’s Homes, has placed itself in the hands of Deloitte Restructuring…

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