Hard knocks – Lloyd’s List
Hard knocks More Special Reports … Read the full article at: https://www.lloydslist.com/ll/sector/ship-operations/article533258.ece
Abengoa Reaches Creditor Agreement in Bid to Fend Off Insolvency – Bloomberg
Abengoa SA won agreement from major creditors for a rescue plan, potentially averting Spains largest corporate insolvency. Investors including Elliott Management Corp., Centerbridge Partners LP and Varde Partners LP will provide 1.17 billion euros ($1.3 billion) of new loans in exchange for a 50 percent stake, according to a regulatory filing on Thursday. The renewable-energy…
Disputes on the rise – Legal Business Online
Disputes on the rise | Asian Legal Business With China driving new case growth, offshore disputes are increasing among Asian companies, keeping lawyers very busy indeed, finds Christopher Horton One of the more noticeable trends in the fi… Read the full article at: http://www.legalbusinessonline.com/features/disputes-rise/72974
Personal insolvencies on the rise in regional Victoria – Bendigo Advertiser
The number of debtors who entered a personal insolvency in regional Victoria increased by 14.5 per cent in the June quarter, compared to the March quarter. Bendigo was one of the main contributors to the rise, alongside Wellington and Ballarat. Twenty-five debtors were recorded in Bendigo in the June quarter, compared to 16 in the…
Fitch Rates Fannie Mae’s Connecticut Ave Securities, Series 2016-C05 – Yahoo Finance
NEW YORK–(BUSINESS WIRE)– Fitch Ratings has assigned the following ratings and Rating Outlooks to Fannie Mae’s risk transfer transaction, Connecticut Avenue Securities, series 2016-C05: –$385,709,000 class 2M-1 notes ‘BBB-sf’; Outlook Stable; –$257,139,000 class 2M-2A exchangeable notes ‘BB+sf’; Outlook Stable; –$459,178,000 class 2M-2B exchangeable notes ‘B’; Outlook Stable; –$716,317,000 class 2M-2 notes ‘Bsf’; Outlook Stable; –$257,139,000…
Corporate Recovery and Insolvency Services From Voluntary Administration Experts – Industry Today (press release)
The basis of the deal is to keep the directors in control, preserve the business and give it a fighting chance to survive. Is your business at risk? Here’s a simple test you could use to find out if your business is in danger of entering a difficult phase or has risk of bankruptcy. Many…
County sets ESD limits – Athens Daily Review
The Henderson County Commissioners Court approved a set of proposed boundaries for a new emergency service district south and west of Athens. The vote clears the way for placing the ESD 11 election on the Nov. 9 ballot. If approved by the voters, the boundaries for ESD 11 will encompass the area served by the…
Mexicos Oceanografia declared bankrupt – Business News Americas (subscription)
‘); eIFD.close(); var s = eIFD.createElement(‘SCRIPT’); s.src = schemeLocal() + ‘://’ + (eS2 ? eS2 : eS1) + ‘/layers/epl-41.js’; eIFD.body.appendChild(s); if (!eS2) { var ss = eIFD.createElement(‘SCRIPT’); ss.src = schemeLocal() + ‘://ads.us.e-planning.net/egc/4/123cd’; eIFD.body.appendChild(ss); } eplLL = true; return false; } } … Read the full article at: http://www.bnamericas.com/en/news/oilandgas/mexicos-oceanografia-declared-bankrupt
Celebrities That Were Declared Bankrupt – Entertainment Daily
Celebrities seem like they have it all fame, friends, a fabulous life and fortune. But then again, some stars do end up with no money. Its hard to have too much sympathy though, especially when you consider the difference between celebrity broke and real broke. So, we dont feel too bad about these A-listers that have blown…
Banker Bunker Mentality – Gold Seek
— Published: Sunday, 7 August 2016 | Print | Disqus The big US banks are dead, as in giant hollow reeds. Such has been the Jackass refrain for eight straight years. They are insolvent monsters and destroyers of wealth and capital. They are massive criminal enterprises. Events prove the case well. The Too Big to…