TransAlta CEO bewildered by activist investors threatening proxy fight amid Brookfield deal – The Globe and Mail

TransAlta Corp. is cutting debt, speeding up its shift from coal-fired power and rewarding hard-hit shareholders with its $750-million deal with Brookfield Renewable Partners LP, chief executive officer Dawn Farrell says. Thats why Ms. Farrell is bewildered by U.S.-based activist investors who are threatening to launch a proxy fight and force the company to renegotiate…

Ginnie Graham: Federal government benefits from partnerships with effective nonprofits – Tulsa World

Education Secretary Betsy DeVos was having a bad week when trying to defend the administrations proposed cut of $17.6 million from Special Olympics. We had to make some difficult decisions with this budget, DeVos responded when asked how many children would be affected. I think Special Olympics is an awesome organization that is well-supported by…

New Scottish insolvency rules to take effect from 6 April – Out-Law.com

The corporate insolvency rules in Scotland change on 6 April, with two new sets of rules replacing the current regime for companies. They do not apply to limited liability partnerships (LLPs). The introduction of The Insolvency (Scotland) (Company Voluntary Arrangements and Administration) Rules 2018 and The Insolvency (Scotland) (Receivership and Winding up) Rules 2018 (together…

Simon Jordan slates prospective Bolton buyer Laurence Bassini: He wont have their best interests in mind j – talkSPORT.com

Simon Jordan says Bolton Wanderers prospective new buyer is EVEN WORSE than current owner Ken Anderson. English businessman Laurence Bassini wont have Boltons best interests in mind, according to the talkSPORT pundit, who added: just ask Watford fans. Former Watford owner Bassini was revealed as the man set to save Bolton from impending liquidation during…

Why SC quashing RBIs February 12 circular on insolvency proceedings is good news for industry – The New Indian Express

In a welcome development, the Supreme Court on Tuesday declared as unlawful RBIs February 12, 2018 circular, which ordered banks to refer defaulting companies for insolvency proceedings if they missed repayments even one day beyond the 180-day grace period. The Bench led by Justice Rohinton Nariman said that in light of Section 35AA of the…