Greenpeace May Go Bankrupt Over $300 Million Lawsuit

Topline A lawsuit accusing Greenpeace of defamation and efforts to disrupt the construction of the Dakota Access Pipeline with protests went to trial on Monday, as the environmental advocacy group says the litigation could bankrupt the organization. A Texas-based company claims the environmental advocacy group tried to delay construction of the … More Dakota Access…

Deed puts PGA of WA on path out of administration

THE Pastoralists and Graziers Association of Western Australia is preparing to take back control of its affairs now that its creditors have accepted a Deed of Company Arrangement. Proposed by voluntary administrators RSM Australia, the deed was accepted at the second meeting of creditors held in Perth on March 7. RSM Australia partners Jerome Mohen and Greg Dudley were…

Education Minister Erica Stanford learnt about lunch provider’s liquidation through media

David Seymour did not tell Education Minister Erica Stanford about the Libelle liquidation. Photo: RNZ / Marika Khabazi The education minister only found out school lunch provider Libelle was going into liquidation through media reports, as the associate education minister decided not to tell her. Written Parliamentary Questions from the Green Party show David Seymour…

INSCO flags obstacle by minority CoC member for SC-cleared Hindustan Glass insolvency resolution

Independent Sugar Corporation Ltd. (INSCO), the successful resolution applicant for Hindustan National Glass & Industries Ltd. (HNGIL), has written to the Committee of Creditors (CoC), alleging that that Exclusive Capital, a minority Committee of Creditors (CoC) member has been “persistently attempting to derail the corporate insolvency resolution process (CIRP)“, despite the majority CoC members and the Supreme…