Rockwell in a bind as court issues interim liquidation order on 3 … – Creamer Media’s Mining Weekly

VANCOUVER (miningweekly.com) A judge in Kimberley South Africa has on Thursday issued an interim liquidation order against three subsidiaries of TSX- and JSE-listed Rockwell Diamonds. The interim court order does not affect Rockwell Diamonds, the parent entity. Advertisement The liquidation application was enrolled on the opposed motion roll in Kimberley high court for Thursday. The…

Insolvent Insurer’s Coverage Denial Needs Judicial Review – The Legal Intelligencer

An insurer’s pre-insolvency denial of coverage, without judicial confirmation, does not defeat a covered claim under the Pennsylvania Property and Casualty Insurance Guaranty Association Act, the state Superior Court has ruled. A unanimous three-judge panel ruled March 21 in Green v. Pennsylvania Property and Casualty Insurance Guaranty Association that James Green can proceed in his…

CHC Group Successfully Emerges from Court-Supervised Restructuring – Marketwired (press release)

Positioned as Economically Robust and Agile Competitor in the Global Helicopter Services Market IRVING, TX–(Marketwired – March 24, 2017) – CHC Group (the “Company” or “CHC”) today announced that it has successfully concluded its financial restructuring and emerged from Chapter 11 as its court-confirmed Plan of Reorganization (the “Plan”) went into effect on March 24,…

Insolvent Insurer’s Coverage Denial Needs Judicial Review – The Legal Intelligencer

An insurer’s pre-insolvency denial of coverage, without judicial confirmation, does not defeat a covered claim under the Pennsylvania Property and Casualty Insurance Guaranty Association Act, the state Superior Court has ruled. A unanimous three-judge panel ruled March 21 in Green v. Pennsylvania Property and Casualty Insurance Guaranty Association that James Green can proceed in his…

ShangPharma Announces Strategic Corporate Restructuring of … – PR Newswire (press release)

Currently, Shanghai ChemPartner’s intention is to enter the capital market in China, mainly through a merger approach. By listing on either the Shanghai or Shenzhen stock exchange, ChemPartner seeks to leverage the capital market in China. Similar strategies have been adopted by several industry leaders. “ShangPharma is committed to the best interests of our employees,…