As first revealed back in June, Australian commercial TV network Channel Ten is financially up shit creek having entered voluntary administration, and now the specifics of the expected fall out are coming to light. The Daily Tele has the exclusive goss on whats looking likely to go down over at the embattled network, with some…
Puerto Rico, facing absolute devastation after Hurricane Maria barreled through last week, desperately needs immediate funding to restore critical infrastructure, particularly its hobbled electric grid. The entire island home to over 3.5 million American citizens, roughly equivalent to the state of Connecticut lost power, and satellite imagery shows how little electricity has come back. This…
CHANNEL Ten has hit back at claims its preparing to swing the axe through a host of its Australian-made TV shows, under a secret plan to claw back millions of dollars. The troubled network was placed into voluntary administration back in June, with US entertainment giant CBS winning the support of the Tens creditors committee…
LEWISVILLE, Texas, Sept. 27, 2017 /PRNewswire/ — Adeptus Health Inc. (OTC: ADPTQ) (the “Company”), the largest operator of freestanding emergency rooms in the United States, today announced that the U.S. Bankruptcy Court for the Northern District of Texas, Dallas Division (the “Court”) has confirmed the Company’s plan of reorganization (the “Chapter 11 Plan”). The Company expects…
Rebecca McDonald / 28 September 2017 Victoria’s Education Department has confirmed a local private training provider has gone into voluntary administration. The Complex Institute of Education has suspended all classes across its Victorian campuses, including its Geelong branch in Moorabool Street. Students remain in limbo after being told by the company they will find out…
Ryanair will not go ahead with a planned bid for troubled Italian flag carrier Alitalia as it continues to grapple with problems that have forced it to cancel flights through the winter. The airlines shares surged 3.87 per cent to 17.06 on Wednesday, adding 600 million to its value, despite news that it planned to…
A Norton Rose Fulbright partner in Melbourne has announced that he will be moving on to greener pastures in November. Peter Bowden will cut loose from NRF to join Gilbert + Tobins restructuring and insolvency team in mid-November. As a partner at NRF, he focused on front-end restructuring work for credit funds and banks. According…
A man who fatally stabbed his friend in the neck and set his body and car on fire in suburban Melbourne nearly 10 years ago is due to be sentenced on Thursday. Christopher John Lavery, 31, was found guilty in August of murdering 24-year-old James Russouw in March 2008. Lavery still maintains his innocence, standing…
New Delhi, Sep 27 (PTI) A plea was today moved in the Delhi High Court challenging various provisions of the bankruptcy and insolvency code, claiming they are violative of fundamental rights. A bench of Acting Chief Justice Gita Mittal and Justice C Hari Shankar listed the petition on October 10, when a similar pending plea…