(News Focus) LG Electronics’ corporate value to improve with mobile biz restructuring – Yonhap News

By Joo Kyung-don SEOUL, Jan. 23 (Yonhap) — LG Electronics Inc. can improve its corporate value by restructuring its money-losing mobile business, analysts here said Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era. LG Electronics on Wednesday announced that its mobile communications (MC) unit…

Newcastle builder Ben Geary, of BJG Builders, declared bankrupt amid calls for more protection for homeowners – Newcastle Herald

A NEWCASTLE builder accused of leaving five Hunter families out of pocket and with unfinished or ‘defect-riddled’ homes has been declared bankrupt. Ben Geary, of BJG Builders, filed for bankruptcy just days after Charlestown MP Jodie Harrison launched a scathing attack on him using parliamentary privilege in November. Ms Harrison said Mr Geary, of Lake…

Former Sydney liquidator pleads guilty to fraud, dishonesty – AccountantsDaily

Business A former registered liquidator who allegedly misappropriated close to $240,000 has pleaded guilty to fraud and dishonesty charges. Business Jotham Lian 22 January 2021 1 minute read object(stdClass)#17051 (8) { [“image_intro”]=> string(0) “” [“float_intro”]=> string(0) “” [“image_intro_alt”]=> string(0) “” [“image_intro_caption”]=> string(0) “” [“image_fulltext”]=> string(0) “” [“float_fulltext”]=> string(0) “” [“image_fulltext_alt”]=> string(0) “” [“image_fulltext_caption”]=> string(0) “”…

Alarm Bells Ringing At First Month-On-Month Rise In Corporate Insolvency Numbers For Almost A Year – Bdaily

Member Article The first month-on-month rise in the number of corporate insolvencies for almost a year should spur North East business owners with concerns about their own firms financial situations to seek advice now. Thats the view of Alexandra Withers, North East chair of insolvency and restructuring trade body R3, after the publication by the…

Crypto Company Cred Approved to Seek Votes on Liquidation Plan – Bloomberg Law

Cred Inc., a cryptocurrency services company, won bankruptcy court permission to solicit votes on its Chapter 11 liquidation plan that would create a trust to pay back unsecured creditors. Unsecured creditors hold $162.8 million in claims, according to court filings. But the combined plan and disclosure statement, approved Thursday solely for vote solicitation purposes, doesnt…