The Cayman Islands: A Leading Jurisdiction for Investment Fund Insolvency and Restructuring. by: Mark Goodman, Partner at Campbells Cayman Islands In the ever-evolving landscape of global finance, the Cayman Islands has established itself as a premier jurisdiction for handling complex insolvency and restructuring cases, particularly for investment funds. With its robust legal framework, creditor-friendly system, and…
[imagesource:wikicommons] Airports Company SA (ACSA) has been accused of publishing ‘fake’ financial reports after the company posted profits yet failed to mention its debt of hundreds of millions or rands dating back several years. According to IOL, the accusations are included in a document filed with the high court of Johannesburg last week by a…
Jay Leno has sparked a wild conspiracy theory after suffering a 60-foot fall down a hill that left him with significant bruising to the left side of his face, an eyepatch and a broken wrist. Despite revealing that his injuries were sustained during his nasty tumble while staying at a Hampton Inn, social media users began speculating that…
The African Development Bank has provided key insights into how Nigeria and other African nations can address their growing debt burdens and foreign exchange challenges. The Bank’s Vice-President for Economic Governance and Knowledge Management, Prof. Kevin Urama, told the News Agency of Nigeria that strategic borrowing and political stability were critical for growth. Speaking on…
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Media firms hit by major collapse news.com.au Read the original article here
Battling Glory faces tax liquidation push The West Australian Read the original article here
RetailAppointments An independent proxy adviser has warned shareholders at boohoo of the “obvious risks” presented by Frasers Group to the company. Frasers, which owns 27% of boohoo’s shares, is seeking the appointment of its CEO Mike Ashley and Mike Lennon to the company’s board of directors alongside the removal of executive chairman and co-founder Mahmud…
How Abengoa Group impacted the Spanish economy EY Read the original article here