Milestone in Cross-Border Insolvency: A Successful Application Under the Pilot Measure from Hong Kong to Mainland China – JD Supra

In Short The Situation: Following the signing of a record of a meeting between the Secretary for Justice of Hong Kong and the vice-president of the Supreme People’s Court (“SPC”) in May 2021, which set out a consensus on the mutual recognition of and assistance to insolvency proceedings between Mainland China and Hong Kong, an…

Laurentian University faculty going after insurance money, claiming mismanagement – Northern Ontario Business

The union representing Laurentian University faculty is going after insurance money held by the insolvent university, saying the universitys leadership mismanaged its finances. Laurentian University Faculty Association (LUFA) president Fabrice Colin explained that lawsuits cannot be filed against Laurentian at this time, as the university is still under court protection through the Companies Creditors Arrangement…

FreightWaves Classics: Fallen Flags Chessie System had a brief but meaningful lifespan – FreightWaves

There are many people interested in former transportation companies, whether they were trucking companies, railroads, airlines or ocean lines. They are called fallen flags, and the term describes those companies whose corporate names have been dissolved through merger, bankruptcy or liquidation. Chessie System/Baltimore & Ohio awaits departure from the terminal at Lima, Ohio with a…

Local residents urge Council to refuse planning to Sean Fitzpatrick’s new house – Echo Live

Gordon Deegan Local residents have urged Wicklow County Council to refuse planning permission to plans by former Anglo Irish Bank chairman, Sean Fitzpatrick to build a new house near Greystones. This follows the Burnaby Residents Association lodging an objection against the plan by Mr Fitzpatrick and his wife, Caitriona for a two-storey four-bedroomed home at…