Details have emerged of a $17 million deal that could have saved online travel company Bestjet and potentially spared thousands of customers heavy losses. A consortium claims it was in talks to buy the doomed Queensland company, five months before it collapsed, but pulled out when the operator came back to them with a list…
The Company informs your good Office that 12th, 13th and 14th Meetings of Committee of Creditors of Ricoh India Limited under Regulation 19 of the Insolvency and Bankruptcy Board of India Insolvency Resolution Process for Corporate Persons) Regulations, 2016 were held on 30 January 2019, 8 February 2019 and 11 February 2019. This is a…
NEW YORK, Feb. 12, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the first…
A small Dutch company which promised to establish a permanent colony on Mars, self-funding the unprecedented project with reality television deals, has been declared bankrupt. The Mars One project was announced in 2012 with the aim of putting the first four humans on Mars in 2024. It claimed to have attracted interest from 200,000 peoplewho…
The Rio Olympics debts have spiralled out to more than $159 million, almost three years since the Olympic flame was extinguished at the Maracana Stadium. In yet another body blow warning for any global city considering bidding to host the worlds most prestigious sporting event, a report from Brazil claims the Rio Organising Committees debts…
The number of Albertans who filed for insolvency rose in 2018, though corporate bankruptcies in the oil and gas sector declined significantly. The number of Albertans who filed for insolvency rose in 2018, though corporate bankruptcies in the oil and gas sector declined significantly. According to the Office of the Superintendent of Bankruptcy, 14,700 Albertans…
It is estimated that for every 100 people who gamble as entertainment or as a business, there will be three to five out of the hundred that will have a problem with gambling. In the United States, there will be 750,000 teenagers between the ages of 14 and 21. While some problem gamblers are able…
NEW YORK, Feb. 12, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the first…
A High Court ruling is good news for a large number of debtors appealing findings that their applications for court approval of personal insolvency arrangements were made out of time. Mr Justice Denis McDonalds ruling clarifies a provision of the Personal Insolvency Acts concerning court approval of a Personal Insolvency Arrangement (PIA). He rejected arguments…
Thyssenkrupp shares fell to a three-year low on Tuesday after the company warned that economic and political uncertainties were growing as it unveiled disappointing results. The German industrial group, which produces a range of products from steel to elevators, reported a sharp 37 per cent drop in operating earnings in the last three months of…