Early promise and funding Ynsect had a promising start, raising a total of $600 million of funds from, among others, the French investment bank BPIFrance, as well as receiving local incentives for the construction of a large insect processing plant in France. “Founded by scientists and environmental activists in 2011, Ynsect is pioneering a new…
India’s insolvency framework has just earned a rare global “pat on the back”, with S&P Global Ratings upgrading India’s jurisdiction ranking for insolvency from Group C to Group B on the back of the Insolvency and Bankruptcy Code (IBC). Yet, behind this praise sits a more complex story of revolutionary law, uneven implementation, and a…
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Adam C. Maerov’s articles from McMillan LLP are most popular: McMillan LLP are most popular: within Transport and Tax topic(s) with Senior Company Executives, HR and Finance and Tax Executives with readers working within the Accounting & Consultancy, Banking & Credit and Insurance industries Introduction In a notable decision from the…
Irish renewable energy developer Solar 21 has said it will “vigorously” defend itself against a petition that a group of investors presented to the High Court earlier this week to wind up two of its subsidiaries. The two entities – EFW 21 Renewable Energy (Project 2) Ireland Ltd and EFW 21 Renewable Energy (Project 2)…
PUTRAJAYA: Those who are found guilty of corruption should be declared bankrupt to stop them from enjoying stolen public funds, says Tan Sri Azam Baki. The Malaysian Anti-Corruption Commission (MACC) chief commissioner proposed such a firm approach as part of the anti-graft body’s measure to intensify efforts to recover misappropriated national assets. “As I have…
MACC chief commissioner Azam Baki said more aggressive investigations will be carried out to ensure that people with power, influence, or wealth are not beyond the reach of the law. PETALING JAYA: Malaysian Anti-Corruption Commission chief commissioner Azam Baki today called for those found guilty of corruption to be declared bankrupt. Azam said MACC will…
A young man in front of a shop Посилання скопійовано … Read the original article here
North American Builders Supply, a supplier of building materials, millwork, hardware and related products, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Northern District of Illinois on Wednesday. The company is filing with $1 million to $10 million in liabilities and has identified at least 49 unsecured creditors, court filings…
Euroclear CEO warns of global financial repercussions if company goes bankrupt Anadolu Ajansı Read the original article here