A company that owned a wine bar in Lancaster where a teenager drank a nitrogen cocktail and had to have her stomach removed has gone into liquidation. Oscars Wine Bar Limited was prosecuted by the Health and Safety Executive after Gaby Scanlon from Heysham drank a near lethal Nitro-jagermeister cocktail during her 18th birthday celebrations…
May 26 Volgaburmash : * Says that Arbitration Court of Samara region has declared company insolvent and launched receivership for a six-month period Source text – bit.ly/1sABCYa Further company coverage: (Gdynia Newsroom) Read the full article at: http://www.reuters.com/article/idUSFWN18N08Z
Baubak Azar graduated from the Creighton University School of Medicine in 2011. He’s now a family physician in Woodbury. He loves his job, but each month there’s a stark reminder of the cost of his education. “Right now I’m paying about $3,600 a month for my loans,” he said. More: Education Azar said his payments…
BIS has launched a consultation on whether the UKs insolvency regime needs updating following a flurry of recent corporate failures and an increasing European focus on providing businesses with the tools to facilitate company rescue. The consultation explores four broad areas for reform. Core to this is introducing a moratorium for distressed businesses to benefit…
Ministers have been warned not to rush into far-reaching changes to pensions law in an attempt to save the Indian conglomerate Tatas UK steel-making assets. The government has confirmed it is looking at all options in relation to Tatas £15bn UK pensions liabilities seen as one of the major obstacles to a successful sale. The…
BIS says the move is in response to recent large corporate failures and developments in Europe to provide businesses with the tools to facilitate company rescue. Business secretary Sajid Javid said: An increasing international focus on company rescue has helped to shift the perceptions of what constitutes best practice; the UK needs to reflect this…
TK | 26 May 2016 Prague, May 25 (CTK) – Up to 150 billion crowns were siphoned off from the New World Resources (NWR) company, whose subsidiary is the Czech coal mining firm OKD that has been declared insolvent, during the time when it was owned by Czech billionaire Zdenek Bakala,…
Updated May 25, 2016 7:40 p.m. ET Takata Corp. 7312 13.76 % hired investment bankers to seek a cash infusion and negotiate with auto makers over the ballooning costs it faces for rupture-prone air bags linked to 11 deaths and more than 100 injuries world-wide. Takata tapped Lazard Ltd. LAZ 1.21 % to help craft…