One year after opening in Australia, Hogan Lovells has announced its first round of partner hires, including recruits from two globals and one major national. Hogan Lovells launch partners Tim and Nicky Lester, formerly of Allens, announced that four new partners will join the firm. Richard Hayes, a leveraged and acquisition finance specialist, will come…
DetailsClint Webber, left, and John and Michael Chow, of Inno Capital, bought building firm Stonewood Homes earlier in March. Two Stonewood Homes franchises have gone into liquidation, just one week after the Chow brothers severed ties with the building firm’s founder. Stonewood Blenheim Region and Stonewood Homes New Plymouth, run by Brent Mettrick, went into liquidation on Wednesday. Bryan…
DetailsFar-reaching and long-awaited plans aimed at reforming Nigerias oil industry are gathering pace, though they have met with resistance from some stakeholders. Nigerias flagship hydrocarbons industry which produces an average of 1.95m barrels per day as of January, accounting for two-thirds of government revenue and 90% of export earnings has been targeted for reform for…
DetailsBusinessLine Koushik Chatterjee, Group Executive Director (Finance and Corporate), Tata Steel Efforts on to make steel major leaner and profitable Mumbai, March 30: Restructuring and improving cost competitiveness in Tata Steel is an ongoing process and is not restricted to Europe or business that is suffering, said Koushik Chatterjee, Group Executive Director (Finance and Corporate),…
DetailsConfirmed just days ago, 3 Verulam Buildings‘ (3VB) heavyweight silk Adrian Beltrami QC has pulled out of moving to One Essex Court, deciding to remain at his current set. The news comes despite Beltrami moving his possessions over to One Essex Court last week. The move was considered major coup for One Essex Court. Beltrami…
DetailsA london diamond broker targeting vulnerable investors and mis-selling them fancy coloured diamonds has been ordered into liquidation by the High Court. The company, which the High Court said was mis-selling investors fancy coloured diamonds at inflated prices, was ordered into liquidation following a petition presented by the Secretary of State for Business, Innovation and…
DetailsA few days ago, Mark de Jong, Robin Haase‘s coach, was arrested for suspected involvement in the Murder of rich and successful businessman Keon Everink. According to reports, police had had a suspicion on him as his face matched with that of the suspect’s, whom they were trying to find. Now it seems that they…
DetailsA series of bounced cheques that illustrate the scale of Lord Lucan ‘s gambling debts before he disappeared following the murder of the family nanny have come to light after 42 years. The troubled aristocrat signed the 11 cheques totalling almost £20,000 – about £250,000 today – as he desperately tried to reverse his spiralling…
DetailsThe Basel Committee on Banking Supervisions proposal that only mortgages backed by easily realisable collateral should benefit from low risk-weightings might encourage insolvency regime reform in the EU, says Fitch Ratings. Mortgage lending represented 22% of total non-defaulted exposures extended by a large sample of EU banks. Timelines for real-estate foreclosure and liquidation vary significantly…
DetailsThis information is especially directed to all journalists and media. In Argentina there is currently a serious attack on freedom of the press, of expression and the right of journalists to inform people. Firstly, please take the time to find out about the situation as it is very likely that most of you are not aware…
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