Aug. 30, 2016 7:15 p.m. ET Even as Aubrey McClendon grappled with collapsing crude prices in the months before his unexpected death in March, the energy titan mortgaged his familys marquee asseta stake in the Oklahoma City Thunder basketball teamto make one more deal. Now, that investment has paid off, with a small energy producer…
A LEADING proponent of the personal property security register (PPSR) and purchase money security interests (PMSIs) as means of managing counterparty risk in the grains industry has defended the products from claims they are not worth the effort. Chris Heinjus, director with South Australian-based agribusiness Rural Directions, said using the government-backed mechanism would at very…
Jennifer Paterson | August 30, 2016 As the Northern Transportation Co. Ltd. seeks protection from its creditors amid financial difficulties, the Public Service Alliance of Canada and the Union of Canadian Transportation employees have retained a law firm to represent the pension interests of its employee members and retirees as insolvency proceedings move forward. The company, which…
Dieudonne M’bala M’bala leaving a Paris courthouse, Feb. 4, 2015 Aurelien Meunier/Getty Images (JTA) — It kills me to say this, but I may owe a Yom Kippur apology to Dieudonne Mbala Mbala. My extensive reporting about this French comedian of Cameroonian descent consistently portrayed him as a fanatical, vulgar and racist provocateur whose acts…
ONE Nation WA Senator Rod Culleton has hit back at his critics in the face of mounting legal challenges and manoeuvres aimed at forcing his exit from federal parliament. Mr Culleton spoke to Fairfax Agricultural Media as news broke yesterday that former associate Bruce Bell had lodged a new petition in the High Court seeking…
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News You may also like: August 29, 2016, 3:25 pm Pacific Andes group executives are disputing creditors’ notion that the Peruvian insolvency proceedings for its fishmeal companies can block the New York court’s access to those assets. In recent days, Pacific Andes International Holdings…
The Alba Iulia Court of Appeal cancelled the insolvency of state-owned energy producer CE Hunedoara at the end of May, but the company filed again for insolvency at the end of June. The two-month intermezzo worsened the companys financial indicators as its total debt went up by almost EUR 22.5 million, reports local Profit.ro. The…
Joyce Laboso, the National Assembly Deputy Speaker. PHOTO | FILE By EDWIN MUTAI, [email protected] Sunday, August 28 2016 at 16:44 Farmers have sought the intervention of Parliament in their latest bid to establish the extent of insolvency of Chemelil Sugar Company. Cane farmers from Kisumu and Nandi counties have petitioned Parliament to order forensic audit…
A JUDGE will decide in the coming weeks whether or not a proper environmental order was given to Linc Energy founder Peter Bond earlier this year, directing him to clean up an underground gas project site near Chinchilla. The Queensland Department of Environment issued Mr Bond with the environmental protection order in May, stating it…
Emma Frost, from Bedfordshire, said she was shocked to discover how many charity direct debits were being taken from the bank account of her late father Joseph. An undercover reporter was also expected to meet targets, despite a statement on the Great Ormond Street Hospital Childrens Charity (GOSHCC) website that “our fundraisers are not given…