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StatRad® Forms Parent Company NucleusHealth in Corporate Restructuring Move – Business Wire (press release)

RestructuringBy Insolvency Advisory Accountants November 18, 2016

SAN DIEGO–(BUSINESS WIRE)–In a corporate restructuring move to be unveiled at the Radiological Society of North America (RSNA) 2016 Annual Meeting, StatRad today announced the formation of NucleusHealth. The newly created entity will focus on expanding StatRad teleradiology services while commercializing new image streaming technology in a pure cloud-based solution for managing medical images under…

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Tsakalotos: Failure to reach debt deal now will threaten recovery – Kathimerini

Debt HelpBy Insolvency Advisory Accountants November 18, 2016

Finance Minister Euclid Tsakalotos has warned Greeces creditors, in an interview to The Wall Street Journal, that its hopes of recovery in 2017 will be compromised if the issue of the countrys debt is not addressed in the next few weeks. Speaking on Thursday, a day after visiting US President Barack Obama backed the key Greek demand…

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Thailand’s PTT to restructure, spin off retail business – Reuters

RestructuringBy Insolvency Advisory Accountants November 18, 2016

BANGKOK Nov 18 PTT Pcl, Thailand’s largest energy firm, said on Friday it will restructure its oil marketing and retail business and plans to list the division on Thailand’s stock exchange, without setting a specific time. State-controlled PTT had studied plans to spin off the retail business which analysts say could help unlock asset value…

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Thailand’s PTT to restructure, spin off retail business – Reuters

RestructuringBy Insolvency Advisory Accountants November 18, 2016

Nov 18 PTT Pcl, Thailand’s largest energy firm, said on Friday it will restructure its oil marketing and retail business and plans to list the division on Thailand’s stock exchange, without setting a specific time. State-controlled PTT had studied plans to spin off the retail business which analysts say could help unlock asset value and…

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Telford salesman stole £14000 from employers to fund gambling habit – shropshirestar.com

RestructuringBy Insolvency Advisory Accountants November 18, 2016

A salesman stole more than £14,000 from his employers to fund an addiction to gambling. Junyao Tang, 30, was working for Lucky 8 Foods, based at Stafford Park in Telford, when he took the money, Shrewsbury Crown Court was told. He was hired as a sales representative and took cash from new clients he set…

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Here’s the salary you have to earn to buy a home in 19 major US cities – Business Insider

RestructuringBy Insolvency Advisory Accountants November 18, 2016

German carmaker Volkswagen is axing about 30,000 jobs over the next five years as part of a huge restructuring programme. The group confirmed the details in a press conference at 9:30 a.m. CET (8:30 a.m. GMT). Executives from VW said 23,000 of these jobs [that will be cut] will be from Germany. While VW said…

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The well-trodden path to insolvency – Lawyers Weekly

LiquidationBy Insolvency Advisory Accountants November 18, 2016

Insolvency law is deeply affected by the economic climate, both at home and abroad. As more businesses and individuals join the march towards globalisation, their affairs are increasingly implicated in push and pull factors beyond our backyard. Much like a polished shoe, insolvency law is an essential part…

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VW to cut 30000 jobs amid restructuring – Deutsche Welle

RestructuringBy Insolvency Advisory Accountants November 18, 2016

Germany’s business daily “Handelsblatt” reported Friday that automaker Volkswagen was planning to slash 30,000 jobs globally to prepare the Wolfsburg-based company for a better future after its massive emissions-cheating scandal. The report said their would be no compulsory redundancies, but jobs that would break away as the carmaker focused more on e-mobility and less on…

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Public demands revision of marriage law to protect women – China.org.cn

GamblingBy Insolvency Advisory Accountants November 18, 2016

Recently, the case of a woman being forced to pay her ex-husband’s debt has captured the attention of the Chinese public, many of who fear that th… Read the full article at: http://www.china.org.cn/china/2016-11/18/content_39731258.htm

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Piper Alderman adds two in SA – Lawyers Weekly

LiquidationBy Insolvency Advisory Accountants November 18, 2016

18 November 2016 Lara Bullock comments A litigation partner and an associate have joined Piper Aldermans national dispute resolution team in Adelaide. Partner Mike Hayes (pictured) and associate Antony Disciscio have joined Piper Alderman from Lynch Meyer…

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