Harvard Illinois Bancorp, Inc. Announces Unaudited Financial Statements As Of September 30, 2017 And Announces … – Markets Insider

ROCKFORD, Ill., Oct.19, 2017 /PRNewswire/ — Harvard Illinois Bancorp, Inc. (the “Company”) announced today its unaudited statement of net assets in liquidation, as of September 30, 2017, and its unaudited statement of changes in net assets in liquidation for the nine months then ended. Unaudited Statements of Net Assets in Liquidation and Changes in Net…

Ghost of HydroWorks lingers as Powerhouse looks for new investments – Stockhead

Powerhouse Ventures is pitching itself as a turn-around story following a disastrous year. Chief executive Paul Viney says the Kiwi venture capital firm is tightening up its business model and looking to expand its investments into Australia. Powerhouse will start putting pressure on its investments to turn exciting intellectual property into products, says Chairman Russell…

Debt agreements and how to avoid unnecessary debt traps – The Conversation AU

Debt agreements are the fastest growing form of personal insolvency in Australia. They were designed to offer debtors a low-cost way to make arrangements with their creditors, while avoiding bankruptcy and some of its more serious consequences. When introduced, law reformers intended that debt agreements should be administered by volunteers rather than by commercial administrators…

Siemens plans cuts at Process Industries business – Bloomberg – Reuters

FRANKFURT (Reuters) – Siemens (SIEGn.DE) is planning restructuring at its Process Industries business as well as at Power & Gas, news agency Bloomberg reported on Thursday, citing sources. It said job cuts at Process Industries, Siemenss least profitable business last year, could be substantial. A Siemens spokesman reiterated that it was continually thinking about its…

Applications invited for investors to revive Nagarjuna Oil – Business Standard

An Expression of Interest from investors to revive Nagarjuna Oil Corporation (NOC) has been invited by the Insolvency Resolution Professional appointed by the National Company Law Tribunal (NCLT). Financial investors mutual funds, private equity and venture capital funds, domestic or foreign investment institutions and others may also apply. A Corporate Insolvency Resolution Process…