Bankrupt Aquion’s Salt Water Battery Assets Sold to Austria’s BlueSky Energy – Greentech Media

The assets of recently bankrupt battery hopeful Aquion were sold to Austrian energy storage firm, BlueSky Energy, according to Germany’s SolarServer. With the help of Google Translate and with the disclaimer that mein Deutsche ist sehr shlecht, here are some of the details: A bid from Austria’s BlueSky Energy for Aquion’s assets was accepted by…

Shipping Company Files for Insolvency – Port Technology International

Rickmers has filed for insolvency after it announced a restructuring plan had failed to win approval of bondholder HSH Nordbank. The German shipping company, a 114-vessel charterer and owner of container, dry bulk and Ro-Ro ships, announced in a company email that the insolvency application had been filed and that the court had received it. It added that it could not…

Nenggiri state seat falls vacant after incumbent declared bankrupt – Free Malaysia Today

Kelantan state assembly speaker says Article 31 (1) of the state constitution bars a person who has not resolved his bankruptcy status from being an assemblyman. PETALING JAYA: The Nenggiri state seat, which falls under the Gua Musang parliamentary constituency in Kelantan, has been declared vacant after its incumbent Mat Yusoff Abdul Ghani was declared…

International firm partner nabs Australia first – Australasian Lawyer

Ashurst partner Ross McClymont has become the first lawyer to be appointed as president of the Australian Restructuring Insolvency and Turnaround Association (ARITA). With over 25 years experience, McClymont leads Ashursts restructuring, insolvency and special situations group in Australia. He is also the firms managing partner in Melbourne. ARITA, which represents 84% of registered liquidators…