SEOUL, Sept. 19 (Yonhap) — The former chief of Tonyang Group, who was convicted of selling fraudulent investment products (CPs), was declared bankrupt by a local court on Monday. The Seoul Central District Court said it ruled in favor of the plaintiffs who filed a petition in December 2015, after being deceived into buying fraudulent…
DetailsA cyclist rides past Google Inc. signage near the entrance to the Googleplex headquarters in Mountain View, California. Photographer: Michael Short/Bloomberg YOUVE probably never heard of her but shes one of the most powerful women in Silicon Valley. Shes known for her grit and toughness which is lucky because she is tasked with bringing discipline…
DetailsChina ‘draws up restructuring plans’ for Bohai Steel | Asian Legal Business Financial authorities in the city of Tianjin plan to convert a portion of debt-stricken Bohai Steel Group’s liabilities into bonds, according to rescue plans drawn … Read the full article at: http://www.legalbusinessonline.com/news/china-draws-restructuring-plans-bohai-steel/73187
DetailsANY COMPANY CAN ISSUE two types of stock common stock and preferred stock. It may elect to issue common stock alone, but it can only issue preferred stock after or simultaneously with the issuance of the first tranche of common stock. Related articles This is because the common stockholders of the company are the basic…
DetailsAirbus chief executive Tom Enders is preparing to launch a new restructuring and cost-cutting plan next month to offset expensive delays to aircraft programmes and minimise losses on the A380 superjumbo. The restructuring will tighten Mr Enderss grip on the civil aerospace division which accounts for 70 per cent of the European companys revenue. He…
DetailsBy Sebastian Shakespeare for the Daily Mail Published: 10:23 +10:00, 19 September 2016 | Updated: 10:23 +10:00, 19 September 2016 e-mail View comments Anthea Turners ex-husband, Grant Bovey, is finding business success elusive Anthea Turners ex-husband, Grant Bovey, is finding business success elusive. The former bankrupt has accumulated trading losses of £2.6million at his music…
DetailsRolls-Royce is cutting more than 200 management jobs, the latest in a series of losses as its chief executive attempts to turn around the British engineering giant. The most recent episode in Rolls lengthy restructuring under Warren East, who was appointed as chief executive last year, was announced to staff last week. Under Mr East and…
Details©EPA Tom Enders, chief executive of Airbus Group, is preparing to launch a new restructuring and cost-cutting plan next month to offset expensive delays to aircraft programmes and minimise losses on the A380 superjumbo. The restructuring will tighten Mr Enders grip on the civil aerospace division which accounts for 70 per cent of the European…
DetailsGeorgia Forrester/FAIRFAX NZ Sensible Sentencing Trust founder Garth McVicar, left, and the trust’s Manawatu spokesperson Scott Guthrie. The director of two failed Feilding courier firms, who has since moved on to become a vocal member of the Sensible Sentencing Trust, will not have to pay any money back to the companies, partly because he was bankrupted following…
DetailsGeorgia Forrester/FAIRFAX NZ Sensible Sentencing Trust founder Garth McVicar, left, and the trust’s Manawatu spokesperson Scott Guthrie. The director of two failed Feilding courier firms, who has since moved on to become a vocal member of the Sensible Sentencing Trust, will not have to pay any money back to the companies, partly because he was bankrupted following…
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