A Milan bankruptcy court on Thursday declared the former ILVA steelworks at Taranto in Puglia insolvent, the necessary premise for the installation of special commissioner Giancarlo Quaranta to run the plant, now called Accaierie d’Italia (AdI), ahead of possible new foreign partners joining after multinational ArcelorMittal’s term ended acrimoniously. The declaration of insolvency, at…
REX ASX: Rex Airlines enters voluntary administration” WAtoday Read the original article here
Paula Lavigne, ESPN Investigative ReporterApr 11, 2024, 05:25 PM ET Close Data analyst and reporter for ESPN’s Enterprise and Investigative Unit. Winner, 2014 Alfred I. duPont Columbia University Award; finalist, 2012 IRE broadcast award; winner, 2011 Gannett Foundation Award for Innovation in Watchdog Journalism; Emmy nominated, 2009. In their complaint filed Thursday, federal investigators said…
Bradley Wiggins could lose Olympic gold medals after being declared bankrupt The Mirror Read the original article here
Last week the National Company Law Tribunal (NCLT) granted a 60-day extension to the grounded airline Go First to complete its insolvency process. It was the fourth time it was doing so. In this issue of DH Deciphers, Abhilash Reddy, unpacks why the matter is dragging and how it got here. How long has the…
Today, my Administration is canceling student debt for 160,000 more people, bringing the total number of Americans who have benefitted from our debt relief actions to 4.75 million. Each of those borrowers has received an average of over $35,000 in debt cancellation. These 160,000 additional borrowers are people enrolled in my Administration’s SAVE Plan; are…
It is common for deed administrators, as part of a restructuring involving a deed of company arrangement (DOCA), to seek the leave of the Court to transfer the shares held in the company to the proponent (or nominee) on the basis that the purported transfer would not unfairly prejudice the interests of the members of…
East Imperial PLC (GB:EISB) has released an update. East Imperial PLC, once a leading producer of super-premium beverages, has announced plans for a creditors’ voluntary liquidation, with a shareholders’ meeting scheduled for August 28, 2024, to appoint joint liquidators from Begbies Traynor (London) LLP. The meetings, where creditors will also decide on the liquidation committee…
What to Know Ippei Mizuhara faces federal bank fraud charges in the the theft of millions of dollars from the account of Dodgers star Shohei Ohtani. In criminal complaint filed in support of the charges, Mizuhara is accused of placing about 19,000 wagers between December 2021 and January 2024. He is accused of stealing $16…
A spokesperson for the Department for Levelling Up, Housing and Communities, which looks after local government, said: “Councils are responsible for the management of their own finances. “The Local Government Finance Settlement for 2023/24 makes available up to £59.7bn for local government in England, an increase in Core Spending Power of up to £5.1bn or…