Former Syunik Governor Surik Khachatryan declared bankrupt – Armenpress.am

14:09, 10 June, 2019 YEREVAN, JUNE 10, ARMENPRESS. Surik Khachatryan, a former politician who twice served as Governor of Syunik (2004-2013, 2014-2016), has been declared bankrupt by a court, according to the Datalex online judicial information platform. According to the available documents the Armenian “ARMBUSINESSBANK”bank requested a court to declare the ex-governor bankrupt for…

Jet Airways fallout: Cross-border insolvency norms to be amended – The Financial Express

The initiation of insolvency proceedings against Jet Airways by a Dutch court has prompted the government to strengthen Indias cross-border insolvency norms. The insolvency law committee, which monitors the implementation of the Insolvency and Bankruptcy Code (IBC) and suggests changes, will meet on June 12 to deliberate upon the amendments to deal with cross-border insolvency,…

Spotlight shone on disqualified shadow director flouting ban – Mirage News

Absolute Resource Management Limited was incorporated on 30 November 2007 and began trading in 2009 under the sole directorship of Carol Perry. The Bedford-based company provided IT consultancy services to businesses. By August 2016, however, Absolute Resource Management was unable to pay its debts and appointed a liquidator to commence voluntary liquidation proceedings. The liquidators…

German investor interested in insolvent Romanian cable producer Romcab – Romania-Insider.com

Bongard, a German family-owned producer of equipment for the cable industry, wants to buy the production lines of the Romanian power and fiber optic cable producer Romcab, which went into insolvency in 2017, Profit.ro reported. Bongard has submitted an offer for the assets. Romcab turned to the LXM investment fund to analyze the companys situation…

Gold tycoon James Stunt branded appalling by judge as hes declared bankrupt despite selling classic artwo – The Sun

GOLD tycoon James Stunt was branded “appalling” by a judge as he was declared bankrupt despite promising to sell off some multimillion pound artworks. A court heard the 37-year-old playboy, who once bragged about having 200 luxury cars, was unable to pay off his massive debts totalling millions of pounds. 4 James Stunt has been…