Perth’s Sasha deBretton places rich-list renovation companies into liquidation – The West Australian

Sasha deBretton Perths self-styled queen of rich-list renovations has placed her group of companies, including the flagship Million Dollar Makeovers, into liquidation. As of the first week of this month, three of Ms deBrettons firms were in the hands of liquidators Cameron Shaw and Brent Kijurina, working for accountants Hall Chadwick. In contrast to Ms…

Vedanta’s Resolution Plan For Electrosteel Gets NCLT Nod – NDTV

Kolkata: The National Company Law Tribunal’s (NCLT) Kolkata bench on Monday approved Vedanta Ltd’s resolution plan for the insolvent Electrosteel Steels Ltd, one of the 12 large corporate defaulters identified by the Reserve Bank of India. During the insolvency proceedings, the debt-laden company’s resolution professional, Dhaivat Anjaria, had submitted Vedanta’s resolution plan before the bench…

Fly Victor Ltd’s corporate restructuring – Global Legal Chronicle – Global Legal Chronicle (press release)

Fladgate LLP has advised Alyssum Group Ltd and its principal subsidiary Fly Victor Ltd on its corporate restructuring. Victor is a leading on-demand B2C jet charter platform driving disruption across the private aviation industry. Launched in 2011, the companys B2C offering rewrote the jet charter rulebook with a fully-transparent, subscription-free, globally on-demand marketplace allowing members…

American Financial Benefits Center on the Benefits of Debt on the Economy and IDRs on Federal Student Loan … – PR Newswire (press release)

EMERYVILLE, Calif., April 17, 2018 /PRNewswire/ — Debt is often considered a bad word, often in personal finances. However, debt can help the economy grow. For example, car loans put money into the car industry, which benefits all the workers in the auto supply chain. Credit card purchases keep food, travel and retail industries going. Student loans…

NCLT approves Vedanta’s resolution plan for insolvent Electrosteel – Business Standard

The National Company Law Tribunal’s (NCLT) Kolkata bench on Monday approved Vedanta Ltd’s resolution plan for the insolvent Electrosteel Steels Ltd. During the insolvency proceedings, the debt-laden company’s resolution professional had submitted Vedanta’s resolution plan before the bench for final disposal after lenders declared it as “successful resolution applicant”. …