Hansa Heavy Lift, which is close to being declared insolvent, has now had six ships arrested in total. However, creditors will have to wait a little longer before submitting claims against the Hamburg-based carrier. Photo: Hansa Heavy Lift Log in to read our articles Welcome to ShippingWatch. A part of our content is exclusive and…
Fior Markets have published a research study on Global Credit Settlement Market Growth (Status and Outlook) 2018-2023. The report is useful for existing market players, as well as, those are interested in the analysis. It contains qualitative market data from 2018 to 2025. The authors have completed an overall analysis…
Will include online chat support and mobile phone text support. The B.C. Lottery Corporation reported net income of $1.4 billion from casinos and lotteries in the 2017-18 fiscal year, based on record revenue of $3.3 billion. Stuart Davis / PNG files Almost 2,400 people were referred to counselling by the provinces crisis line for problem…
Campaigners for stronger government regulation of gambling have called for it to be classed as a public health concern and for betting companies to be required to prove their products are safe before being allowed to launch them. Charles and Liz Ritchie, whose son Jack, 24, killed himself after being drawn into gambling at 17,…
NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) Friday suggested that all further proceedings for transfer of assets of crisis-hit Infrastructure Leasing and Financial Services Ltd (IL&FS) should take place under the supervision of a retired Supreme Court judge. The new management of the IL&FS is considering assets sales to bail out the company…
Dear Sir/Madam,This is to inform you that pursuant to the Regulation 19 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the Interim Resolution Professional of the Company has called the first meeting of the Committee of Creditors of Kwality Limited, which is schedule to be held on…
With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of what is probably the more difficult part of the Insolvency and Bankruptcy Code. With the corporate insolvency law nearly fully rolled out, the focus of the government is likely to shift towards implementation of…
The collapse of Alpha in May meant structural warranty policies with the company ended immediately. Advantage offers advice on how to ensure vital cover is maintained Thousands of new homeowners have been left without vital structural defects insurance after insurance carrier Alpha went bust. Many homeowners who require the 10-year structural defects insurance will still…
MUNICH: Ford Motor will shed thousands of jobs at its European operations in a bid to return the business to profitability in a broad restructuring that doesnt rule out shutting down production plants. The carmaker has struggled with an ageing model lineup and a contracting market in the UK, Fords biggest in Europe, which is…