Many retail REITs had been struggling long before the COVID-19 pandemic, so it isn’t surprising that some of the weaker players in the space ended up declaring bankruptcy in 2021. Washington Prime Group (NYSE:WPG) is the latest one to do so, and in thisFool Live video clip,recorded on June 14, Fool.com contributor Matt Frankel, CFP,…
Dive Brief: BBQ Holdings will acquire family dining brand Village Inn and Bakers Square from owner VIBSQ, LLC, for $13.5 million, according to an SEC filing. Village Inn, which has 21 company-owned units and 114 franchised restaurants, 13-unit Bakers Square will become wholly owned subsidiaries of BBQ Holdings.The transaction is expected to close by the…
share this article Share this article (The Jakarta Post) PREMIUM Jakarta Fri, June 25 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major options in negotiations…
South Shore Holdings is facing the loss of its primary asset, THE 13 Hotel in Macau, plus delisting from the Hong Kong Stock Exchange should the Macau court officially declare the company bankrupt. After applying to the court this week for voluntary liquidation of its wholly-owned subsidiary New Concordia Hotel Limited, the sole beneficial owner…
share this article Share this article (The Jakarta Post) PREMIUM Jakarta Fri, June 25 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major options in negotiations…
STADIO ENNIO TARDINI, PARMA, ITALY – 2020/12/19: Gianluigi Buffon of Juventus FC looks on during … [+] warm up prior to the Serie A football match between Parma Calcio and Juventus FC. Juventus FC won 4-0 over Parma Calcio. (Photo by Nicol Campo/LightRocket via Getty Images) LightRocket via Getty Images Age is just a number…
share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Thu, June 24, 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major…
The government liquidator dealing with the fallout from the collapse of outsourcing firm Carillion is expected to make a claim for 250m against KPMG, the accounting firm that signed off on the former FTSE100 companys accounts. Lawyers for the official receiver, part of the governments Insolvency Service, have sent a letter before action to KPMG,…
A group of faculty and students formed to protest the cuts at Laurentian University says its lobbying has paid off. In a cabinet shuffle last week, SaultMPP Ross Romano who was the Minister of Colleges and Universities was moved to the Government and Consumer Services portfolio.Jill Dunlop, Simcoe-North MPP, takes over Colleges and Universities. Since…
Wed, 23rd Jun 2021 Litigation funder Manolete booked a 26% drop in annual profit, citing a UK government move to suppress insolvencies, drop in the value of in-process cases and higher staff costs. Manolete also announced the departure of chairman Peter Bertram, who would be replaced by senior director Howard Leigh after its annual general…