The focus on streamlining arbitration methods is necessary but not sufficient. Conciliation needs more play The past several months have seen a flurry of policy making. Parliament has made laws amending the 2013 Companies Act, the Arbitration and Conciliation Act, and introduced the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act,…
March 6, 2016 9:43 a.m. ET BERLIN Commerzbank AG CRZBY 0.51 % Sunday said the head of its retail unit will become its new chief executive, succeeding one of the very last acting leaders of a European bank that tapped taxpayers in the financial crisis. The supervisory board of Germanys second largest lender named Martin…
Summary Given Weatherford’s declining EBITDA and high debt load, liquidation value may be a better metric. I believe Weatherford’s inventory ($1.1B), PP&E ($5.7B), intangibles and non-current assets ($3.5B) are higher than their liquidation value. Even with its $565 million equity raise, based on liquidation value Weatherford is insolvent. WFT remains a great short play. Click…
Dan Carney 12:04 a.m. EST March 6, 2016 A columnist believes Sen. Bernie Sanders is having a polarizing effect that is damaging Democrats message.(Photo: ~File photo) While they might not say it publicly, most establishment Democrats would view a Bernie Sanders nomination with as much enthusiasm as bungee jumping off the Washington Monument without a…