Sabra Reports Fourth Quarter 2015 Results; Reports Normalized FFO Per Share of $0.64, Representing a 12 … – GlobeNewswire (press release)

Bankruptcy

IRVINE, Calif., Feb. 22, 2016 (GLOBE NEWSWIRE) — Sabra Health Care REIT, Inc. (Sabra, the Company or we) (NASDAQ:SBRA) (NASDAQ:SBRAP) today announced results of operations for the fourth quarter of 2015. RECENT HIGHLIGHTS For the fourth quarter of 2015, Normalized FFO, Normalized AFFO and net income attributable to common stockholders per diluted common share were…

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Laura Ashley collapse: Seven stores closed as voluntary administration continues – SmartCompany.com.au

Liquidation

Seven Laura Ashley stores in Australia have been closed as the voluntary administration of the retail chain in Australia continues. The Australian arm of the homewares and clothing retail entered voluntary administration on January 7, at which time the chain was operated 38 stores in Australia. Administrators FTI Consulting confirmed this morning seven Laura Ashley…

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Company behind 20 Jeep clothing and footwear stores collapses into voluntary administration – SmartCompany.com.au

Liquidation

The company with the licence to sell Jeep clothing and footwear in Australia has collapsed into voluntary administration. The collapse comes around 10 years after Jeep opened its first concept store in Melbourne through local licensee Revolution Brands. Revolution Brands appointed voluntary administrators last week, with Barry Wight from Cor Cordis Chartered Accountants acting as…

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Banca Etruria declared insolvent – ANSA (registration)

Bankruptcy

(By Paul Virgo).    (ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on Thursday declared the ‘old’ Banca Etruria insolvent, upholding a request by bank commissioner Giuseppe Santoni.    The court instead rejected an objection that last year’s Banca Etruria rescue was unconstitutional, filed by defence lawyers for the bank’s last president, Lorenzo Rosi.    The legal…

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Political power and corporate restructuring are closely intertwined in today’s China – South China Morning Post (subscription)

Restructuring

Restructuring is another name of power consolidation. For Chairman Xi Jinping, the Year of the Ram is one of good harvest. The telecommunication industry is most telling. This is a sector which has long rumoured to be the turf of his rivals. In June 2014, under order of the central government, the countrys three telcom…

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EU lenders working on plan for gradual Greek debt relief – Greek paper – Yahoo7 News

Debt Help

A piggybank painted in the colours of the Greek flag stands amongst various euro coins in front of letters spelling the word ‘GREECE’ in this picture illustration taken in Berlin, Germany June 30, 2015. REUTERS/Pawel Kopczynski ATHENS (Reuters) – Greece’s EU lenders have been working on a plan to offer the country gradual debt relief…

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Training provider collapses into voluntary administration as concerns over vocational education system grow – SmartCompany.com.au

Liquidation

Several large vocational education and training providers have collapsed into voluntary administration after their parent company appointed external administrators earlier this week. Global Intellectual Holdings Pty Ltd entered voluntary administration on Tuesday, with Richard Albarran, Blair Pleash and Shahin Hussain from Hall and Chadwick appointed as external managers. Global Intellectual Holdings is the company behind…

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How the $100 Million ‘NYPD Blue’ Creator Gambled Away His Fortune – Hollywood Reporter

Gambling

David Milch, the storied mind also behind ‘Deadwood,’ changed television. Now, according to a lawsuit, the racetrack regular has lost his homes, owes the IRS $17 million and is on a $40-a-week allowance. Still, his supporters stay close: “He’s brilliant. This story first appeared in the Feb. 26 issue of The Hollywood Reporter magazine. To…

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