Police detain insolvency Latvian insolvency process administrators Krums and Spruds – The Baltic Course

The State Police have detained Trasta Komercbanka liquidator Ilmars Krums and another insolvency process administrator, Maris Spruds, sources tell LETA. Krums’ mobile phone is switched off. When LETA tried to call Spruds at his office, Spruds’ representative said that he was out of office and would be away on vacation for a couple of days,…

Spicers facing a resolution to its long-running hybrid problem – The Australian Financial Review

The bitter four-year battle between hybrid holders and ordinary shareholders at paper distributor Spicers is finally headed to a sensible resolution that should pave the way for a re-rating of this beaten-down stock. After multiple failed attempts to resolve a problem that left the company’s strategy completely paralysed, Spicers shareholders and hybrid holders will next…

Insolvency appointments Apr 21 to Jun 6 2017 – Business News

Firm Appointee/Solicitor Role Company Name Published Date Deloitte Jason Tracy administrator India Resources Limited 6/06/2017 RSM Gregory Bruce Dudley liquidator Accent Granite Pty Ltd 6/06/2017 Ticcidew Insolvency Simon Roger Coad liquidator Westoz Racking Installations Pty Ltd 6/06/2017 Worrells Solvency & Forensic Accountants Mervyn Jonathan Kitay administrator Passione Toscana Pty Ltd 6/06/2017 Sheridans Jennifer Elizabeth Low…