BarcelonaGood news for the Catalan energy company Holaluz. The judge in Barcelona’s Commercial Court No. 5 has approved the company’s debt restructuring plan, giving the group a breathing space and allowing it to avoid the insolvency it would have been forced to face due to the debt maturities it was facing. Holaluz has informed BME…
KPMG aquires assets of insolvent Victoria tech firm Llamazoo for $1.45M Times Colonist Read the original article here
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted Anil Ambani-promoted Reliance Infrastructure Ltd. under the corporate insolvency resolution process (CIRP) and has appointed Tehseen Fatima Khatri as the interim resolution professional (IRP). The development followed an application filed by IDBI Trusteeship Services Ltd on behalf of the operational creditors. The trustee…
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