Sir Philip Greens Arcadia Group has drafted two restructuring specialists on to its board as it prepares to shut stores and cut pension payments as part of a company-wide overhaul. Jamie Drummond Smith and Peter Bloxham will join the boards of Topshop, Arcadia Group and its parent firm Taveta Investments, according to a corporate announcement…
Spectra began managing Dallas Kay Bailey Hutchison Convention Center at the beginning of April. (Courtesy Spectra) John Page adds oversight of convention centers, sponsorship sales Facility management services firm Spectra has restructured its business, which extends to the departure of John Wentzell, its former president. Wentzell, whose final day at Spectra was March 29, had…
Jamie Drummond-Smith, chairman of finance group Cattles, has been appointed interimchairman of Topshop, Topman, Arcadia Group, and its parent company Taveta. Peter Bloxham, former head of restructuring and insolvency at law firm Freshfields, has been appointed to the same boards as interim non-executive director. Both have been working closely with the boards in an advisory…
THE director of a failed Sunshine Coast shopfitting company will make a settlement offer to creditors next month. The business, KDH Enterprises which operated as KDH Design, went into liquidation in February 2017. It employed 30 staff and had clients throughout Australia and New Zealand such as Jeanswest, Bras N Things, Billabong and Surf Dive…
So you put down a cool $50 in your March Madness pool and confidently selected Duke as your 2019 Mens NCAA Tournament champion. After all, with three top prospects in this years NBA draft, the Blue Devils were as close to a sure thing as possible in the tourney. But thats why they call it…
THE director of a failed Sunshine Coast shopfitting company will make a settlement offer to creditors next month. The business, KDH Enterprises which operated as KDH Design, went into liquidation in February 2017. It employed 30 staff and had clients throughout Australia and New Zealand such as Jeanswest, Bras N Things, Billabong and Surf Dive…
The Australian Securities and Investments Commission has banned two execs of the now-defunct Uglii Group from running any company. Former Uglii Group directors Heather Knorr and Ge Zhu were disqualified by ASIC from managing corporations for four years for their roles in the insolvency of six companies within the group. Uglii Group, whose core business…
In a first, the Department of Telecommunications (DoT) has constituted an Insolvency Issues Committee to examine how it can protect its interest in cases where telecom operators are undergoing insolvency proceedings. The moves comes as two operators Aircel and Reliance Communications (RCom) are undergoing bankruptcy proceedings. As per rules under the Insolvency and Bankruptcy Code…
Subject: Disclosure under Regulation 30(2) read with Schedule III of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 – Post – facto intimation of the First Meeting of Committee of Creditors of Punj Lloyd Limited Dear Sir/Madam, Pursuant to Regulation 30 (2) of Securities and Exchange Board Of India (Listing…
The Sports Direct boss Mike Ashley has threatened legal action to remove Debenhams administrators after his stake in the department store group was wiped out and the company put into the hands of its lenders. Debenhams listed holding company entered pre-pack administration on Tuesday, rendering shareholders investments, including Sports Directs near-30% stake, worthless. The retailers…