We’ve all heard about China’s Belt and Road Initiative, which has been making news since it was launched at the end of 2013, but when and how did China start its push westward? Dr Parag Khanna explains that ‘upon the conclusion of Chinas civil war in 1949, China began a decades-long campaign to push westward…
Written by Theresa Grech Partner, Head of Corporate, Cardiff at Ince Theresa has over 20 years experience advising on a range of domestic and cross-border transactions and corporate governance matters. She also advises on commercial contracts and has a specialist interest in intellectual property and IT related issues. Protecting Businesses will give the Economy the…
On 26 June 2020 the Corporate Insolvency and Governance Act 2020 (the Act) came into force, introducing a number of permanent reforms to English insolvency and restructuring law. Among these reforms is a standalone moratorium available to any eligible company that is, or is likely to become, unable to pay its debts. Eligible Companies The…
One of the nation’s most popular pizzeria chainsfiled for bankruptcy Thursday, blaming thecoronavirus pandemicfor its financial struggles. California Pizza Kitchen said it will continue operating as usual while working through a Chapter 11 restructuring plan aimed at reducing its debt by $230 million. The pizzeria hinted in its filing that it will close some of…
Anglo American insisted the diamond market was in a very positive place despite an earnings slump at its De Beers unit, where staff were briefed on a restructuring of the business that will lead to job losses. The $80bn diamond industry has been paralysed by the coronavirus pandemic with every part of the supply chain…
The Hannas, however, deny making false and misleading claims to secure Mason’s money or that there was any offer or agreement that they would guarantee it. In their response in the Supreme Court they allege the ex-footballer’s partying with John Hanna precipitated the downfall of his company. Willie Mason, right, with John Hanna in 2014.Credit:Facebook…
Police and emergency units inspect the scene where Pratum Saardnuk was shot dead. Pattaya police arrested two men who allegedly shot dead a Pattaya motorcycle-taxi driver in broad daylight a suspected gambling debt. Please Support Pattaya Mail Manas Imnam, 39, and NiphonPanthong, 45, were captured early Thursday by police in Bangsaen where they allegedly fled…
Police and emergency units inspect the scene where Pratum Saardnuk was shot dead. Pattaya police arrested two men who allegedly shot dead a Pattaya motorcycle-taxi driver in broad daylight a suspected gambling debt. Please Support Pattaya Mail Manas Imnam, 39, and NiphonPanthong, 45, were captured early Thursday by police in Bangsaen where they allegedly fled…
All organizational structures have a shelf life as internal and external conditions evolve is yours in need of a refresh? First, its important to clarify that restructuring your business isnt the same thing as reducing your workforce. In fact, smart organizations regularly analyze and proactively adjust their structure to take advantage of new trends and…
One of Australia’s big banks has cracked down on “debt vultures” – businesses or individuals that claim to assist those struggling with debt but actually rake in big fees. National Australia Bank said it will no longer deal with unlicensed, fee-charging debt management provides. “Debt vultures exploit loopholes in the law to prey on the…