Babcock dives after a £10m Brexit restructuring hit – Evening Standard

Babcock shares fell on Tuesday after revealing a 10 million-plus Brexit hit from restructuring its continental air-rescue business. The under-fire defence contractor, hit by aggressive short-seller Boatman Capital last year, will take the one-off tax charge in 2019 after setting up separate subsidiaries across Europe to carry on aerial firefighting and search-and-rescue missions. … Read…

Sporties Dubbo ceases to trade after entering voluntary administration – Daily Liberal

news, local-news One of Dubbos oldest bowling clubs has ceased trading and a meeting of creditors on Wednesday will decide the future of its affairs. Dubbo Railway Bowling Club, known as Sporties Dubbo, ceased trading on Saturday, administrators have confirmed. The Erskine Street venue entered voluntary administration on November 15. Aaron Lucan and Graeme Beattie,…

Govt must address group insolvency, runaway bidders issues: Industry – BusinessLine

Corporate India expects the Government to take adequate measures to resolve issues around Group Insolvency, runaway and pseudo bidders so as to further strengthen the Insolvency and Bankruptcy Code (IBC) process. Ashok Haldia, former CA Institute Secretary and member Board of IIIPA, told BusinessLine that the Committee of Creditors should be mindful of deterrence effect…

Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Yangtze River Port and Logistics Limited and March 4 Lead Plaintiff Deadline – Business Wire

NEW YORK–(BUSINESS WIRE)–Scott+Scott Attorneys at Law LLP (Scott+Scott), a national shareholder and consumer rights litigation firm, is notifying investors that a class action lawsuit has been filed against Yangtze River Port and Logistics Limited (Yangtze or the Company) (NASDAQ: YRIV) and other defendants, related to alleged violations of federal securities laws. If you purchased Yangtze…

CLASS ACTION UPDATE for DBVT, YRIV, ASTE and BRS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire

NEW YORK, Feb. 26, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…

Tosmare shipbuilding factory on sale for EUR 2.163 million – bnn-news.com

Insolvency administrator of the bankrupt Tosmare shipbuilding factory Ivars Meis has put up the companys owned ship repair and shipbuilding factory for EUR 2.164 million, according to published announcement on the media. The announcement mentions that the price of Tosmare shipbuilding factory is EUR 2,163,163 with VAT. Property on sale includes two dry docks, one…