CAM, TT&A act on Central Bank of India-Generali Group JV

Central Bank of India, Generali  Central Bank of India has entered into joint venture arrangement with Italian insurer Generali Participations Netherlands N.V. and other Generali Group entities. Cyril Amarchand Mangaldas advised Central Bank of India on this JV. Central Bank of India entered into the following agreements: shareholders agreement with Generali Participations Netherlands N.V. (Generali)…

Prax Lindsey Oil Refinery Limited, Prax Storage Lindsey Limited and Prax Terminals Killingholme Limited in Liquidation: information for customers, suppliers, creditors and sub-contractors

Following an application made by the Official Receiver, the court has also appointed Matthew Callaghan, Andrew Johnson, Joanne Hewitt-Schembri and Samuel Ballinger of FTI Consulting LLP as Special Managers of the companies. The Special Managers have been appointed to assist the Official Receiver with the liquidations.  The Official Receiver will wind-up the companies in accordance…

Protesters Demand Climate Justice Ahead Of UN Summit

People take part in a march demanding a UN-led framework for sovereign debt resolution, on the eve of the 4th International Conference on Financing for Development, in Seville, Spain, June 29, 2025. REUTERS/Claudia Greco Braving the sweltering heat, activists marched through Seville in southern Spain on Sunday, demanding debt cancellation, climate justice, and higher taxes…

Founder of LED lighting business Vailo declared bankrupt

James Hickmann, founder of South Australian-based LED lighting and technology company Vailo, has been declared bankrupt by the Federal Circuit Court in Adelaide after failing to repay a $600,000 loan. The decision automatically disqualifies Hickmann from managing corporations or holding positions such as director of more than 50 of his companies, including Vailo. As reported…