Page 7081 – Insolvency Advisory Accountants

Status of Talvivaara’s reorganization proceedings – GlobeNewswire (press release)

LiquidationBy Insolvency Advisory Accountants September 20, 2016

Stock Exchange Release Talvivaara Mining Company Plc 20 September 2016 Status of Talvivaara’s reorganization proceedings The Company has started preparations for the conversion issue in accordance with the restructuring programme Talvivaara Mining Company Plc (“Company” or “Talvivaara”) announces that today it has received a statement from the Administrator of its corporate reorganization proceedings in which…

Details

Debt Relief for Seniors, Disabled – Huffington Post

Debt HelpBy Insolvency Advisory Accountants September 20, 2016

Imagine being a senior citizen, living on Social Security and perhaps a small fixed pension, and trying to deal with the rising costs of living. Or imagine being a disabled person with no hope of earning additional money to make ends meet. You’ve been forced to use your credit card to survive, and the balances…

Details

Garcia declared bankrupt and arrested again – Curacao Chronicle

BankruptcyBy Insolvency Advisory Accountants September 20, 2016

WILLEMSTAD – Former director of the Giro Bank Eric Garcia was arrested again. He was released earlier in the criminal case against him. The judge released to await his trial. He has been arrested again as the result of a civil case. The prosecutor requested his arrest for fear that he would escape. Yesterday Garcia…

Details

Status of Talvivaara’s reorganization proceedings – Yahoo Finance

RestructuringBy Insolvency Advisory Accountants September 20, 2016

Stock Exchange Release Talvivaara Mining Company Plc 20 September 2016 Status of Talvivaara`s reorganization proceedings The Company has started preparations for the conversion issue in accordance with the restructuring programme Talvivaara Mining Company Plc (“Company” or “Talvivaara”) announces that today it has received a statement from the Administrator of its corporate reorganization proceedings in which…

Details

Judge Approves Primorsk Shipping’s Liquidation – Wall Street Journal

LiquidationBy Insolvency Advisory Accountants September 20, 2016

Sept. 20, 2016 2:31 p.m. ET Primorsk International Shipping Ltd. won final bankruptcy-court approval of a liquidation plan that divvies up proceeds from the sale of its oil tanker fleet to Russias Sovcomflot. Primorsks chapter 11 case got off to a rough start after a fight with lenders but, during a hearing in Manhattan Tuesday, a lawyer…

Details

How to avoid refinancing traps – Your Mortgage

LiquidationBy Insolvency Advisory Accountants September 20, 2016

By Eleanore D. Sanchez Owning your first home may be a dream come true, but it is a reality that you will miss repayments due to unavoidable circumstances, and may have to refinance to deal with the burden of debt. The Australian Securities and Investments Commission (ASIC) cites some circumstances to avoid so that you…

Details

Consider This Before Taking Out A Debt Consolidation Loan – Yahoo Sports

LiquidationBy Insolvency Advisory Accountants September 20, 2016

Debt consolidation is the process of refinancing multiple balances into a single loan. You can take out one loan for the total amount of your current debt, then repay your existing debts with the funds from the new loan. Finally, youre left with just the new loan to repay. A debt consolidation loan can help…

Details

CATASTROPHIC Portuguese economy hits new low as toxic combination to BRING DOWN eurozone – Express.co.uk

BankruptcyBy Insolvency Advisory Accountants September 20, 2016

The number of companies going bust in the European nation has soared by 49.5 per cent in the first eight months of the year, with 2,474 companies being declared insolvent – 819 more than in the same period last year – according to data from the Ignios Business Centre. Last month insolvent companies jumped by…

Details

Court in China declares state-run metals firm bankrupt | Reuters – Reuters

BankruptcyBy Insolvency Advisory Accountants September 20, 2016

A court in southern China has formally declared bankrupt Guangxi Nonferrous Metals Group Co Ltd, an unlisted state-run metals producer that defaulted on a bond in February and missed a payment in April. The firm, which is owned by the Guangxi regional government, had failed to propose a court-ordered reorganization plan within a six month…

Details

John M. Cesarz Joins Perella Weinberg Partners as Managing Director – Business Wire (press release)

RestructuringBy Insolvency Advisory Accountants September 20, 2016

NEW YORK–(BUSINESS WIRE)–Perella Weinberg Partners today announced that John M. Cesarz has joined the Firm as a Managing Director in its Advisory business. Based in New York, Mr. Cesarz will be a member of the Firms restructuring practice. Mr. Cesarz has more than 15 years of investment banking experience. He was most recently a Managing…

Details