Restaurateur Gaowei Shi, of Highbury, South Australia, has pleaded guilty to one charge of falsifying company books. An ASIC investigation found that Mr Shi, director of The Crane Japan Restaurant (SA) Pty Ltd, a restaurant in Glenelg, South Australia, had redirected $47,000 from a purchase and sale agreement in December 2015 to sell assets of…
CALGARY (660 NEWS) Would you want to go back to work at age 70 after youve already retired? A debt help expert says many Canadians need to take a hard look at their mortgage and consumer debt before they retire. Laurie Campbell, CEO of Credit Canada says for many seniors outliving their savings is a…
Lampe said Weyerbacher was looking for a partner for the last 18 months as financial issues weighed on the business, a larger regional brewery competing in the saturated, capital-intensive craft beer industry. The restructuring, Lampe said, will allow Weyerbacher to accelerate certain projects, including opening tap rooms, boosting offerings from the Weyerbacher Spirits line and…
CALGARY A research report by AltaCorp Capital shows the number of companies actively drilling in Canada has declined by 40 per cent since the oil price crash of late 2014. The analysis cites industry data which shows only 26 drilling contractorshave been working so far in 2019, 17 fewer than observed in 2014. It says…
Elizabeth Warren wants to wipe away student loan debt for the vast majority of Americans who have it, and make debt-free college a reality for new students. In a new plan detailed on Monday, Warren became the first Democrat running for president in 2020 to detail a sweeping higher education plan with the goal of…
WASHINGTON Senator Elizabeth Warren announced a plan Monday to cancel the student loan debt of tens of millions of Americans, making her the first major candidate in the presidential race to come out in favor of a large-scale student debt forgiveness plan. Warrens plan would entirely wipe out the debt of 75% of Americans with…
Dear Sir, This is in reference to the captioned subject. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015, we would like to bring to your notice that the 15th meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (the Company) was held on April 22, 2019 to…
Bulgaria won the arbitration case filed by the State General Reserve Fund of the Sultanate of Oman at the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank group, the Bulgarian National Bank (BNB) said on April 22. The Omani fund filed its arbitration claim in October 2015, after it lost…
International law firm Proskauer announced that David Hillman will be joining as partner in its Corporate Department, beginning on April 29th in the New York office. We are pleased to welcome David to Proskauer, said Martin Bienenstock, partner and chair of Proskauers Business Solutions, Governance, Restructuring & Bankruptcy Group. Davids acclaimed intellectual and practical prowess…
Notice is hereby given that in accordance with the applicable provisions of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate persons) Regulations, 2016, the first meeting of committee of creditors (CoCor Committee of Creditors) of Excel Glasses Limited, (the “Company”/the “Corporate Debtor”) will be held on Thursday, the 25th day of…