David Crow December 14, 2017 Experimental feature Listen to this article Play audio for this article Pause 00:00 00:00 Experimental feature or Give us your feedback Thank you for your feedback. What do you think? Ill use it in the future I dont think Ill use it … Read the full article at: https://www.ft.com/content/8f91f2e6-60e4-3b4c-9b6b-31f4093b81bf
JERUSALEM–(BUSINESS WIRE)–Teva Pharmaceutical Industries Ltd. (NYSE & TASE: TEVA) announced today a comprehensive restructuring plan to significantly reduce its cost base, unify and simplify its organization and improve business performance, profitability, cash flow generation and productivity. Kåre Schultz, Tevas President and CEO, said, “Two weeks ago we announced a new organizational structure and executive management…
New Delhi: The high-level panel tasked with identifying issues in implementation of the insolvency law has sought suggestions from stakeholders as the government works on ways to iron out practical difficulties. The first meeting of the 14-member Insolvency Law Committee, chaired by Corporate Affairs Secretary Injeti Srinivas, was held on 8 December, where the panel…
HOUSTON–(BUSINESS WIRE)–Cobalt International Energy, Inc. (Cobalt) (NYSE:CIE) today announced that it and certain of its U.S. affiliates filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas (the Chapter 11 Cases). Cobalt expects to conduct business in the ordinary…
Sub-contractors affected by a prominent local building companys financial woes appear set to receive some monetary relief. An administrator at the time estimated that the company owed between $4 million and $6 million of creditors. More than 200 creditors are reportedly affected. However, the building contractor will emerge from administration after having secured the support of creditors earlier this week…
The ruling means that the Croatian administration has been recognised under English law and, therefore, a stay on any enforcement or other legal action against the company’s assets in England has been put in place. The decision was made despite opposition from a creditor bank which had started arbitration proceedings against the company in London.…
Australian hotel and casino operator Crown Resorts today announced that it had locked several asset divestment deals and that it will be using proceeds from these to reduce its debt. Over the past year, the company has gradually disposed of its international assets in a bid to focus its attention on its domestic operations. Crown…
SAN MATEO, Calif., Dec. 13, 2017 /PRNewswire/ — As health care premiums and expenses are rising this year, so is medical debt. But people who struggle to pay medical expenses can take steps to tackle medical debt, says Andrew Housser, co-founder and CEO of Freedom Debt Relief. Open enrollment closes by Dec. 15 for most individuals…
A LONG legal battle involving claims the late Coventry council deputy leader Phil Townshend fraudulently obtained a vulnerable elderly relatives home has resulted in the property being returned to her in time for Christmas, we can reveal. A Coventry Observer investigation exclusively revealed two years ago that, before and after his death in October 2015,…
Reuters Thursday December 14, 2017 1:18 AM Kitco News Share this article: Dec 14 (Reuters) – Australian casino operator Crown Resorts said on Thursday it has signed several divestment deals as part of its ongoing debt reduction strategy, including the … Read the full article at: http://www.kitco.com/news/2017-12-14/Australia-apos-s-Crown-Resorts-signs-several-divestment-deals-to-reduce-debt.html