Guildford-based BYAC Contracting has been placed into liquidation after losing a long-running contract at the Murrin Murrin nickel project and failing to establish itself as a training provider. The liquidation does not affect parent company Burnna Yurral Aboriginal Corporation, which is owned by members of the Laverton-based Tucker family. The contracting arm was established about…
Perella Weinberg Partners has announced that John Cesarz has joined the firm as a managing director in its advisory business. Based in New York, Mr. Cesarz will be a member of the the companys restructuring practice, Perella Weinberg said in a statement. He has more than 15 years of investment banking experience, and was most…
State-owned Guangxi Non-ferrous Metals Group Co. in south China’s Guangxi Zhuang Autonomous Region has been declared bankrupt, despite a nine-month restructuring push. According to an announcement published by the intermediate people’s court of Nanning City on Sept. 12, the company had neither submitted a restructuring plan within six months of the court’s initial ruling, nor…