Train Giant CRRC to Trim Freight-Car Manufacturing Capacity – Caixin – Caixin Global

CRRC Corp., Chinas top state-owned rail equipment maker, plans to reshuffle its struggling freight-car production businesses in a bid to eliminate excess capacity as part of a corporate restructuring. Sources close to the company told Caixin that CRRC has worked out a plan to consolidate its 10 freight-car manufacturing subsidiaries, reducing overcapacity and optimizing resource…

Legal 500 2017 – The north west’s top performers in insolvency and corporate recovery – Manchester Evening News

Tier one Addleshaw Goddard LLP – Manchester DLA Piper UK LLP – Manchester and Liverpool Tier two Eversheds Sutherland (International) LLP – Manchester Gateley Plc – Manchester Pinsent Masons LLP – Manchester Squire Patton Boggs – Manchester Tier three DWF – Manchester Turner Parkinson LLP Manchester Tier four Bermans – Manchester Brabners LLP – Manchester…

Hundreds may lose as Illawarra builder collapses – Illawarra Mercury

The Bellambi Bunnings site recently. Andrew Marks, Bunnings general manager property said, we are working with a number of sub-contractors to complete the remaining construction works”. Picture: File image More than 200 creditors could be out of pocket by up to $6 million due to a prominent local building companys financial woes.  Edwards Constructions (NSW) Pty…

BBC told to pay Boris Becker’s fees to accountants handling his bankruptcy – Express.co.uk

Becker works as a Wimbledon commentator for the BBC and recently extended his contract with Eurosport, for whom he covers the three other Grand Slam events.  Insolvency practitioners at London based Smith & Williamson have written to broadcasters demanding all future fees are used for the benefit of creditors. The report in a German newspaper…