Nov 17, 2016 6:34 PM A DIRECTOR of interior design contractor Serrano has been removed from his post after being declared bankrupt by the court, while bankruptcy proceedings for another director of the company have been postponed. The Catalist-listed company filed a release saying the High Court had made a bankruptcy order against Chia Wing…
DetailsDeloitte Restructuring Services partners, Glen Kanevsky and Sal Algeri, were appointed voluntary administrators of NDP early this morning. Glen Kanevsky, Voluntary Administrator and Deloitte Restructuring Services partner said it was early days, as far as our appointment is concerned. We are aware of recent media reports related to the companys operations, but it would be inappropriate for us to…
DetailsPizza Hut has bought the troubled Eagle Boys pizza chain and begun converting stores with its own branding. Pizza Hut Australia chief executive Lisa Ransom said franchise agreements have been signed with just over 50 of the 100 Eagle Boys outlets still in operation. “We will continue to try to expand that number moving forward,”…
DetailsNov 17, 2016 Newsdesk Latest News, Macao Gaming Show 2016   Macaus VIP gaming sector representatives discussed at Macao Gaming Show 2016 hopes of setting up and operating a centralised credit database by January 1 in 2017; as well as the implications for the industry of the reported detentions in mainland China of individuals…
DetailsVictorian milk brokering company National Dairy Products has appointed a voluntary administrator, a week on from farmer suppliers staging a mass exodus because they were owed money. NDP managing director Tony Esposito said he hoped Deloitte Restructuring Services would help to “restructure the business and continue on”. Along with farmers and transport companies…
DetailsDeloitte Restructuring Services partners, Glen Kanevsky and Sal Algeri, were appointed voluntary administrators of NDP early this morning. Glen Kanevsky, Voluntary Administrator and Deloitte Restructuring Services partner said it was early days, as far as our appointment is concerned. We are aware of recent media reports related to the companys operations, but it would be inappropriate for us to…
DetailsUnivision Communications will lay off almost 6 percent of its workforce, or between 200 and 250 people, the Washington Post reports. The layoffs, on both the business and editorial sides, impacting staffers in both New York and Miami, are in response to difficult times, challenging times, said Isaac Lee, Univisions news, entertainment and digital chief.…
DetailsBLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)–Mackinac Partners, a leading financial advisory, turnaround management and restructuring firm has expanded its practice with a new office in Boston, Massachusetts. The firm also announced the addition of highly accomplished turnaround and restructuring executive Matthew Pascucci to the firm as a Managing Director. Pascucci is based in Boston and joins Senior…
DetailsLIMA, PERU(Marketwired Nov. 16, 2016) Minera IRL Ltd (Minera IRL or Company) (BVLAC:MIRL) provides an update on corporate developments and response to certain media speculation. History and progress to restore trading of Company securities and restore Exchange listings In 2015, resulting from a failure by the former board of Minera IRL to file the second…
DetailsNov. 16, 2016 4:52 p.m. ET Dozens of former writers and editors at Gawker will receive a legal shield designed to protect them from lawsuits arising from stories they wrote for the entertainment and gossip website in return for backing the companys liquidation plan. Gawker and its sister sites had been the focus of a…
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