This story was originally published on C-Store Dive. To receive daily news and insights, subscribe to our free daily C-Store Dive newsletter. Dive Brief: Convenience retail real estate owner Eagles Investments Group has filed for Chapter 11 bankruptcy protection, according to filings with the U.S. Bankruptcy Court for the Northern District of Alabama. Eagles owns…
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Convenience retail real estate owner Eagles Investments Group has filed for Chapter 11 bankruptcy protection, according to filings with the U.S. Bankruptcy Court for the Northern District of Alabama. Eagles owns land connected to 20 locations…
As US troops withdrew from Somalia in the spring of 1994, a teenaged Muse Omar Jama began working as an exchange trader in Mogadishu’s Bakara market. More than three decades later, he still does the same job, but wonders for how much longer. Jama, 49, sits in a plastic chair in the one-room office he…
Arbitration clauses in Memoranda Of Understanding (MOU) do not bar insolvency proceedings when debt and default are established, the National Company Law Tribunal’s Mumbai bench has held while admitting PS IT Infrastructure & Services Ltd into insolvency. “The presence of an arbitration clause in an MoU does not oust the jurisdiction of the Adjudicating Authority…
Bombay HC: NCLT Has Jurisdiction Over Internal Company Mismanagement Disputes BW Legal World Read the original article here
QVC shareholders fight bankruptcy plan they say favors creditors Crain’s Chicago Business Read the original article here
Airline CEOs are often outspoken in times of economic uncertainty, especially when it affects the aviation industry. The CEO of Ryanair, Michael O’Leary, United Airlines’ Scott Kirby, and Delta Air Lines’ Ed Bastian are some of the most frequent contributors to aviation headlines. Ryanair’s O’Leary is the latest to sound off amid ongoing regional tensions…
A 70-year-old former bakery owner died on Sunday after falling from an industrial building in Kwun Tong while reportedly searching for a suspected burglar, police said. The victim was identified as Siu Wai-kin, former owner of the now-defunct Hoixe Cake Shop chain. He operated a bakery workshop at South China Factory Building on Wai Yip…
CBI Conducts Search and Seizure Operation at Residence of Reliance Communications Director scanx.trade Read the original article here
SINGAPORE – Already grappling with unresolved audit issues after much of its finance team left the company, taking with them years of historical financial knowledge, Mary Chia Holdings is now facing insolvency claims filed by a creditor amid mounting financial pressures. The Catalist-listed beauty and wellness group said on May 5 that its creditor Fullink…