Your Search Returned 17 tagged news reports
Financially troubled Ivan Erceg is teetering on the edge of bankruptcy and is unlikely to repay the $40 million he owes unsecured creditors of his former yacht-making firm, Sensation Yachts, according to the company's liquidator McDonald Vague. There...
Tags: Ivan Erceg, unsecured creditors, Peter Jolland, Balenia, West Auckland, McDonald Vague, bankruptcy proceedings, Sensation Yachts, New Zealand, Auckland, Liquidation, Finance, Liquidator, United States bankruptcy law, Bankruptcy, Insolvency law, Unsecured creditor, Corporations law
Ireland’s largest tour operator Budget Travel is to cease trading this evening with the loss of 172 jobs and the closure of 17 shops. In a statement issued this afternooon the company said it had applied to the High Court to have the company placed into...
Tags: Commission for Aviation Regulation, aviation regulator, financial challenge, High Court, provisional liquidation, cease trading, Ireland, Dublin, Liquidation, Finance, Bankruptcy, Business Finance, Insolvency law, Corporations law, Budget
Smith & Williamson Ltd Chartered Accountants leading independent providers of investment management accountancy tax corporate and financial advisory services are the subject of serious criminal allegations of racketeering and embezzlement in Britain's...
Tags: Forged Share Certificates, FSB Russia, Kremlin, MI5, N F Hickling, National Treasures, Peter Mills, Peter Yeldon, Public Interests, Smith Williamson, Gareth Pearce, Organized crime, carroll trust, Theft, Peter Yeldon Peter Mills, Law Crime, hm government, Business Finance, national treasure, Anthony Clarke, allnews, United Kingdom, London, Carroll, Queen (band), Smith and Williamson, Federal Security Service, Liquidation, williamson partners, Crimes
A hearing on whether a Kailua-based solar company should be forced into involuntary Chapter 7 liquidation begins this morning in U.S...The involuntary bankruptcy petition was filed by an attorney on behalf of four creditors on July 30, and is scheduled...
Tags: Sunetric, Joshua Powell, RevoluSun, pv systems, Todd Georgopapadokas, kilowatt pv, involuntary bankruptcy, vice president, Mark Duda, Kailua, Liquidation, United States bankruptcy law, Insolvency law, Bankruptcy, Corporations law
The retailer was forced to shut its network of supermarkets across India due to acute financial crunch. A Bench, headed by justice SH Kapadia, while indicating its intention to ask the high court to take up amalgamation proceedings before the winding...
Tags: Subhiksha Ltd, Subhiksha Trading Services Ltd, rs250 crore, India, New Delhi, Insolvency law, Liquidation, Subhiksha, Bankruptcy, Corporations law, Business Finance
Tough financial times can be a boon for lenders of last resort. Economic winters take a toll on vulnerable companies and so swell the workload of liquidators...Hard times make for good buying for shrewd investors and inspire innovation among retailers...
Tags: New Zealand, Auckland, Debt, Insolvency, Receivership, Liquidation, Debenture, Business Finance, Bankruptcy, Finance, Insolvency law
The 2010 Budget bill was passed by Parliament at first reading on November 17. The budget committee, meeting to discuss amendments before the second reading, passed the proposal to increase the spirits excise duty by 13.6 per cent to 1.25 leva a litre...
Tags: fiscal reserves, Bulgaria, Sofia, Economy of Georgia, Simeon Djankov, Bank, Business Finance, Kremikovtzi AD, Debt, Insolvency, Liquidation, Bond, Insolvency law, Bankruptcy, Finance, Environment, Bulgargaz
Gunns, which has 15 managed investment schemes of its own, has been in talks with receivers McGrathNicol since October. Great Southern projects, and a number of parties had submitted expressions of interest. Over the last two months, a number of parties...
Tags: THE Great Southern, managed investment, investment schemes, Gunns, Australia, Melbourne, Great Southern Group, Pulpwood, Plantation, Pulp, Forestry, Papermaking, Pulp and paper industry, Clan Gunn, Receivership, Liquidation, Business Finance, Insolvency law, Bankruptcy, Finance, Corporations law, Law in the United Kingdom
One.Tel chief Jodee Rich and financial officer Mark Silbermann. "It's good news for me because it allows me to proceed in earnest with the case . . . having waited for this decision pretty much for the last 12 months and trying to secure some funding...
Tags: Lachlan Murdoch, Jodee Rich, Mr Murdoch Jr, Mr Packer, James Packer, Kerry Packer, Australia, Sydney, ASIC v Rich, One.Tel, News Corporation, Application-specific integrated circuit, Law Crime, Ferrier Hodgson, Corporate scandals, OneTel, Liquidator, Year of birth missing, Tony D'Aloisio, Australian Securities and Investments Commission, Business Finance, Cabcharge, Bankruptcy, Insurance, Liquidation, Finance, World Series Cricket, The Packer, Silberman, Rodney Adler
These firms recently filed with the U.S. Bankruptcy Court's local court clerk's offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved...
Tags: Simmons Bedding Co., U.S. Bankruptcy Court, Israel, Tel Aviv, Serta, Mattress, Private equity, Restructuring, Bankruptcy, Finance, Franchises, Bedding, Business Finance, Simmons, Simmons Bedding Company, Chapter 11 Title 11 United States Code, United States bankruptcy law, Liquidation, Chapter 7 Title 11 United States Code, Insolvency law of Switzerland, Insolvency law, Corporations law