Creditors left more than $2.8m out of pocket as employment agency liquidation wraps up – Stuff
Creditors left more than $2.8m out of pocket as employment agency liquidation wraps up Stuff Read the original article here
Native Instruments Enters Preliminary Insolvency Proceedings
Berlin-based Native Instruments GmbH has entered preliminary insolvency proceedings. Native Instruments is the parent company of iZotope, Plugin Alliance, and Brainworx. According to a report by CDM (Create Digital Music), a preliminary insolvency administrator has been appointed for Native Instruments, which means the company’s assets may undergo restructuring, including potential sales. In 2021, a majority…
Top Thai builder secures debt relief as crash probe proceeds
(Jan 28): Thailand’s largest construction company, which is under investigation for its role in two deadly accidents, won investor approval to restructure its outstanding bonds. Italian-Thai Development pcl received bondholders’ consent to extend the maturity of five notes totalling 14.5 billion baht (RM1.83 billion) by three years, the company said in an exchange filing Wednesday…
Top Thai builder secures debt relief as crash probe proceeds
(Jan 28): Thailand’s largest construction company, which is under investigation for its role in two deadly accidents, won investor approval to restructure its outstanding bonds. Italian-Thai Development pcl received bondholders’ consent to extend the maturity of five notes totalling 14.5 billion baht (RM1.83 billion) by three years, the company said in an exchange filing Wednesday…
Melb forklift service company in liquidation amid $1.75m debt – heraldsun.com.au
Melb forklift service company in liquidation amid $1.75m debt heraldsun.com.au Read the original article here
Insolvency programme for micro, small companies to be revamped with simpler criteria, streamlined processes
The new programme will become a permanent feature of the Insolvency, Restructuring and Dissolution Act 2018 [SINGAPORE] An insolvency programme for micro and small companies will be revamped to make debt restructuring and winding up more accessible, with simpler eligibility criteria and streamlined processes. This new programme “aims to facilitate the orderly winding up of…
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The Star shifts financial advisor after Bally’s/Investment Holdings takeover: report – The Gaming Boardroom
The Star shifts financial advisor after Bally’s/Investment Holdings takeover: report The Gaming Boardroom Read the original article here