South Australian Senator Bob Day has yet to officially resign from Parliament, meaning he is still being paid and could take his seat on the Senate cross bench next month. Last Monday, Senator Day told his staff I will of course resign from the Senate after he announced that his Home Australia group was being…
DetailsAutomotive Holdings Group is restructuring its refrigerated logistics business and has not initiated a formal sale process for this business. AHG has, at times, received expressions of interest in relation to the refrigerated logistics business. AHG confirms that none of the expressions of interest have progressed beyond informal, preliminary discussions. As part of the normal…
DetailsHe was known by all the bookmakers, Tom Waterhouse says in Andrew Sigalla fraud trial Tom Waterhouse enters King Street Supreme Court where he is giving evidence in the Anthony Sigalla trial. Photo: Nick Moir Andrew Sigalla (right) leaves the Supreme Court. Photo: Jessica Hromas exit High-profile bookmaker Tom Waterhouse has told a Sydney court…
DetailsCaracas: Venezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending…
DetailsIts been less than two weeks since Crown Resorts senior executive Jason OConnor head of the companys high-roller, or whale business landed in Shanghais Hongqiao Airport in one of the companys fleet of Bombardier aircraft for a short trip that reports say was to collect a multimillion-dollar gambling debt owed to the company. Closer to…
DetailsSheikh Khalifa, the President, on Monday issued the long-awaited new federal bankruptcy law by decree, according to the state news agency Wam. The law, which contains elements of bankruptcy protection laws from jurisdictions including France, Germany and the Netherlands, provides, for the first time, a comprehensive legal framework to help distressed companies avoid bankruptcy and…
DetailsSt. Paul, Minn., Oct 24, 2016 / 05:19 pm (CNA/EWTN News).- Personal and student debt can slow down or prevent prospective seminarians and aspirants to religious orders from pursuing their vocations, but one organization with national scope aims to change that. The Laboure Society’s work is critical because thousands of discerning men and women are…
DetailsVenezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending the…
DetailsSoftware company Wynyard Group has been put in voluntary administration. KordaMentha partners Neale Jackson and Grant Graham have been appointed administrators of the company, which creates security software for use by companies and law enforcement agencies. Computer keyboard Photo: 123RF It’s been a difficult year for Wynyard, with its board warning in August that the…
DetailsOil Venezuelan state oil company PDVSA said Monday it restructured 39 percent of its debt in a bond swap, falling short of its goal but giving the struggling firm much-needed breathing room. After extending the sign-up deadline three times and sweetening the deal for creditors, PDVSA announced a swap for $2.8 billion in bonds, extending…
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