Burger chain Byron last week launched plans for a company voluntary arrangement in order to slash rent terms. The business was bought in 2013 by Hutton Collins in a deal worth £100m while a string of casual dining names including Côte, Prezzo, Strada and Ask were all gobbled up in a debt-fuelled acquisition frenzy. George…
Simeon Kerr in Dubai and Ahmed Al Omran in Riyadh January 14, 2018 The Saudi Binladin construction group said some shareholders may have handed over stakes in the company as the kingdoms anti-corruption drive starts to take assets claimed by the government. The Jeddah-based company said over the weekend that it remained a private sector…
FILE Post Newspapers employees outside their offices on Bwinjimfumu road after shutdown The Liquidators of the defunct Post Newspapers limited have promised to pay the creditors after selling the assets of the company following the Lusaka High Courts decision to declare the company insolvent. Recoveries Manager of the Post Newspapers Limited Robert Chabinga says he…
The Liquidators of the defunct Post Newspapers limited have promised to pay the creditors after selling the assets of the company following the Lusaka High Courts decision to declare the company insolvent. Recoveries Manager of the Post Newspapers Limited Robert Chabinga says he will start by paying secured creditors, former Post Newspapers employees, the Zambia…
The government is holding talks with the construction and outsourcing firm Carillion, in a last-ditch attempt to stave off the collapse of a company responsible for crucial services in schools, hospitals and prisons. With the accountancy firm EY lined up to manage an administration that could be triggered as soon as Monday, a rescue deal…
A mum-of-two saddled with debt and facing eviction has revealed her 18 money-saving hacks that helped her get back on her feet. Among Morgan Woods’ 18 tips simple tips are unplugging electrical items when they are not being used and making your own lunch. She also suggests using coupons, planning your meals and even borrowing…
LEADERS LEAGUE. What is the specificity of the Paris office? Stephane de Lassus The Paris office is fo- cused on private clients issues. We offer a unique combination of legal and tax services to companies, investors and family groups, as well as management teams. We assist clients, both French and foreign, in structuring their transactions and…