South African Budget Chief Resigns After Helping Stabilize Debt – Bloomberg.com
South African Budget Chief Resigns After Helping Stabilize Debt Bloomberg.com Read the original article here
NCLAT refuses to halt insolvency against Dhoot brothers
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by Rajkumar Nandlal Dhoot and Pradeep Nandlal Dhoot against the initiation of personal insolvency proceedings over defaults by Videocon Industries, for which they stood as personal guarantors. A two-member NCLAT bench comprising Chairperson Justice Ashok Bhushan and Member (Technical) Barun Mitra upheld…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
The Great Myth of the Liquidation Preference: Yes, It Matters. But Not In Many Scenarios.
If you’ve raised venture capital—or even just read about it—you’ve heard the warnings about liquidation preferences. It’s a common grouch on LinkedIn. “The VCs get paid first!” “You could build a $100m company and walk away with nothing!” “Preferences are how investors screw founders!” And look, I get it. Liquidation preferences are real. They’re in…
Recap – Scottish bus company collapses into liquidation
We revealed that Companies House listed a change of address from its registered base at Sandyford Place to the care of Glasgow-based Opus Restructuring. The petition was presented to Glasgow Sheriff Court by the Advocate General for Scotland for HMRC to order that Gillens Coaches Limited “be wound up and to appoint a liquidator”. The state-funded…
‘We will not vanish’: Founders’ vow as craft beer company Sobah appoints administrators – Business News Australia
‘We will not vanish’: Founders’ vow as craft beer company Sobah appoints administrators Business News Australia Read the original article here
Timaru-based South Island engineering company put into liquidation – The Press
Timaru-based South Island engineering company put into liquidation The Press Read the original article here