Failed building company boss heckled at creditors’ meeting – The West Australian

The directors of Diploma Group face an uphill battle to persuade 500-plus creditors owed more than $50 million to back the failed builders revival as a listed property developer. Administrators of three Di Latte family-controlled Diploma companies painted a bleak picture at creditors meetings yesterday, tipping no material benefits from the known assets of the…

Interface (TILE) Announces Restructuring; to Close Majority of FLOR Retail Stores – StreetInsider.com

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com’s Dividend Insider Elite. Sign-up for a FREE trial here. Interface, Inc. (Nasdaq: TILE), a worldwide carpet tile company and global leader in sustainability, today announced a new restructuring plan that will result in pre-tax restructuring charges…

Government plan to introduce dedicated mortgage arrears court facing “significant constitutional issues” – Newstalk 106-108 fm

Government plans to introduce a special court to sensitively handle” mortgage arrears and personal insolvency are facing significant constitutional issues according the Department of Justice. The government legislation programme for autumn 2016 had indicated that the plan would go under ‘Pre-Legislative Scrutiny’ by November 2016. However Fianna Fáil spokesperson on finance, Michael McGrath yesterday said the…