Analysis by ASIC has indicated that deeds of company arrangement enable companies to continue trading or facilitate the sale of business assets. A new report by ASIC has shown that voluntary administrations and deeds of company arrangement remain essential restructuring tools, particularly for larger and more complex companies. ASIC published Report 836 this week, which…
The owner of a long-mothballed iron ore mine on Cockatoo Island has tumbled into administration, with insolvency practitioners assessing a sale or recapitalisation. KordaMentha’s Richard Tucker and John Bumback were appointed voluntary administrators of Cockatoo Island Mining (CIM) by the company’s board on Tuesday. CIM is backed entirely by reclusive Hong Kong investor Choi Lai…
EU Adopts Directive on the Harmonization of Insolvency Law | Jones Day …
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Jack Mallers’ Strike launches ‘volatility-proof’ bitcoin loans built to protect against liquidation The Block Read the original article here
Kaidianbao Payment Service Co. Ltd., once one of China’s major third-party payment firms, has applied for bankruptcy liquidation as tighter oversight accelerates a shakeout in the country’s payment industry. A Shanghai court has scheduled a hearing for July 16, according to a notice on China’s national corporate bankruptcy restructuring information platform. You’ve accessed an article…
Iron ore miner tapping Alan Bond’s former resort island off the Kimberley put into administration | The West Australian Close navigation menu SubscribeLog In Read the original article here
HK court rejects ex-Crown exec claim for casino debt interest Asia Gaming Brief (AGB) Read the original article here
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…
A former Crown Resorts executive has lost her bid to collect years of interest on a Chinese billionaire’s gambling debt that has been described as the “largest and fastest” loss ever recorded at an Australian casino. Huang Youlong, right pictured with his ex-wife, famous Chinese actress and singer Zhao Wei. The couple split in…