New Delhi, Mar 3 () State-run power giant NTPC has decided to acquire only those stressed power projects undergoing insolvency proceedings in the National Company Law Tribunal (NCLT), with an aim to get fairer deals. All those insolvency deals so far in the NCLT have got discounts of up to 70 per cent or even…
The accommodation and food services industry saw a 21 per cent spike in corporate insolvency appointments over the 201718 financial year, while the retail trade sector saw a 19 per cent increase, according to Worrells Solvency and Forensic Accountants latest insolvency report. Our experience in the last 12 months is indicative of what the Australian…
Nikolay Kravchenko was accused of extortion under the threat of violence and organization of murder. Crime lord Nikolay Kravchenko aka Kolya Bes, who was well-known in the criminal underworld and was buried in Veliky Novgorod, has been declared bankrupt. Heirs of the late crime lord so requested the court, Novgorod.Ru reports. Before…
NEW YORK, March 02, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited ( YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the class…
newsletters, weekly-wrap-list, Creditors have voted to place the Dubbo Railway Bowling Club into liquidation and its assets will be sold. The decision was made at a meeting of creditors held at Dubbo on Wednesday, four days after the club, which traded as Sporties Dubbo, ceased trading. It comes just over three months since the Erskine…
The Certified Financial Planner Board of Standards released the names of two CFP mark holders who have declared personal bankruptcy within the last five years. Diane D. Thornton of Houston declared bankruptcy in November 2015, and Frederick E. Powell of Phoenix declared bankruptcy in April 2016, the CFP Board said Thursday. The names…
The Romanian Postal office has requested the insolvency of PRBA, the national postal operators insurance broker. The companys representatives made this decision as a result of analyzing the legal debt recovery options that PRBA had to register with the company. The broker has registered losses of RON 4 million in the last five years and…
Bulgarias central bank said on March 1 that Dimitar Kostov, deputy governor of the Bulgarian National Bank (BNB) in charge of bank supervision, plans to submit his resignation to the countrys Parliament. Kostov said that he had planned to resign in 2018 after intensive work in the past few years and carrying out the bulk…
NEW YORK, March 01, 2019 (GLOBE NEWSWIRE) — The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. AxoGen, Inc. (NASDAQ: AXGN)Class Period:…
Thursday, February 28, 2019 Crown prerogative dates back to the Magna Carta entitling the monarch to absolute priority for revenue related debt. Come 6 April 2020 will we really be heading back to feudal times and 1215? The proposal to reinstate Crown preference was announced as part of the Autumn Budget last year and came…