Grupo Financiero Santander México and Banco Santander México, Report on the Resolutions Adopted by Their … – Markets Insider

Restructuring

MEXICO CITY, Oct. 26, 2017 /PRNewswire/ — Grupo Financiero Santander México, S.A.B. de C.V. (“Santander México” or the “Group”)and Banco Santander (México), S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (the “Bank”) report that the Boards of Directors of both entities, at their meetings held today, agreed on the following transactions: (i)     Corporate Restructuring The…

Resolutions of extraordinary shareholders’ meeting of joint stock company “LATVIJAS KUĢNIECĪBA” held on October … – GlobeNewswire (press release)

Liquidation

1. Increase of the share capital. 1) To increase the share capital of joint stock company LATVIJAS KUNIECBA (Company) by EUR 120000000 (one hundred twenty million euro), by issuing 400 000 000 (four hundred million) new B category registered shares in paper form with nominal value of each share EUR 0.30 (thirty cents). After the…

Bemis Company Reports Third Quarter Earnings – Business Wire (press release)

Restructuring

NEENAH, Wis.–(BUSINESS WIRE)–Bemis Company, Inc. (NYSE:BMS) today reported financial results for its third quarter ended September 30, 2017. Refer to the reconciliation of Non-GAAP measures detailed in the attached schedule, including adjusted earnings per share, adjusted EBITDA, and net debt, referenced in this release. SUMMARY OF THE QUARTER   Q3   Q3 YTD ($ in millions…

Northcote poll gets nasty as candidate’s past trauma trawled – The Age

Bankruptcy

The crunch by-election in the state seat of Northcote is getting nasty with one candidate saying her recent past of marriage breakdown and domestic violence has been dredged-up an attempt to damage her chances. The Greens say the story of their candidate Lidia Thorpe’s bankruptcy four years ago was being “shopped around” Melbourne media outlets in recent days.…

No need for shareholder nod for insolvency resolution plan: Government – Economic Times

Bankruptcy

Updated: Oct 26, 2017, 10.38 AM IST The government is of the view that Insolvency and Bankruptcy Code (IBC) provides that the resolution plan will be binding on a company , its shareholders, lenders, employees, guarantors and other stakeholders if approved by NCLT. NEW DELHI: The government on Wednesday said insolvency resolution plans, such as…