Vic Kolenc, El Paso Times Published 10:23 a.m. MT Oct. 6, 2017 | Updated 1:22 p.m. MT Oct. 6, 2017 2Q sales up 2.8%, profit down 69% Helen of Troy CEO Julien Mininberg said the company will restructure two divisions.(Photo: COURTESY) Officials of El Paso’s Helen of Troy consumer goods company plan to restructure two of its…
(Updates with liquidation deadline, context throughout) By Nichola Saminather TORONTO, Oct 4 (Reuters) – Sears Canada on Wednesday won court approval to extend credit protection by a month to Nov. 7, but its creditors set a deadline of this week to liquidate the retailers’ assets, leaving the company with mere days to decide its fate.…
… Read the full article at: http://www.startribune.com/fox-valley-paper-mill-sold-to-liquidator/449746203/
New Delhi, Oct 2 () Asserting that resolution plans should balance interests of all stakeholders, IBBI chief M S Sahoo has said operationalising the individual insolvency framework as well as developing the market for interim finance are among the priorities for the regulator. In one year of existence, the Insolvency and Bankruptcy Board of India…
NEW DELHI: After coming to the rescue of flat buyers in Jaypee and Unitech projects, the Supreme Court on Friday took up the plea of buyers in Amrapali projects and issued a notice to the company on their petition challenging insolvency proceedings against the Group. Around 100 flat buyers, who had booked homes in the…
Tesla ( TSLA ) Chief Executive Elon Musk and President Trump disagree on climate change, but both businessmen say Puerto Rico needs a lot of help amid Hurricane Maria’s devastation of the island territory. Musk, also the CEO of SpaceX, has offered to come to Puerto Rico’s rescue with solar-energy technology, via Tesla’s Solar City unit.…
The Insolvency and Bankruptcy Board of India, which oversees the revival and liquidation of distressed firms, amended two of its regulations to require that every turnaround scheme should also specify how the interests of these stakeholders will be taken care of. Photo: AFP New Delhi: Bankrupt businesses exploring turnaround options under pressure from lenders can…
Becker will be taking part in the tournament in Vienna which starts today Former tennis star turned to friend John Caudwell for a loan, it is reported Billionaire found of Phone4U ‘agreed to lend the tennis star £2million’ Mr Caudwell agreed to the deal after hearing Becker’s debts were severe enough to land him in…
Caesars bankruptcy ends amid Asia market shift, Vegas shooting By Tracy Rucinski CHICAGO (Reuters) – Caesars Entertainment Corp has an eye on expanding its Caesars, Harrah’s and Horseshoe brands in the United States and abroad after its casino operating unit emerges from nearly three years of bankruptcy as soon as Friday with $10 billion less…
AdvertisementHampshire Group filed with the U.S. Bankruptcy Court a notice of withdrawal of the Companys fifth motion for an exclusivity extension. The Companys First Amended Joint Chapter 11 Plan of Liquidation subsequently became effective, and the Company emerged from Chapter 11 protection. Advertisement The Court confirmed the Plan on Septemb… Read…