By DAVID MWEREMore by this Author An Italian firm contracted by the national government to construct the multibillion Itare Dam within Nakuru County has denied claims that it is broke. In a statement to newsrooms, CMC di Ravenna said that neither itself nor its subsidiaries have been declared bankrupt or insolvent. CMC has voluntarily engaged…
NEW YORK, Feb. 24, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
According to a Freedom of Information request made by real estate adviser Altus Group, a total of 298.07 million was paid out by The Insolvency Service to former employees of business which ran into trouble during 2018. It was the highest level for five years, with the high street crisis contributing to the increase. The…
Answer: Bankruptcy is not uncommon – particularly since the recession. There were 473 bankruptcy adjudications in 2017 in Ireland, according to the Insolvency Service of Ireland – so you are not alone here. However, your experience with insurers is not an anomaly – many of the mainstream home insurers will not provide cover to someone…
NEW YORK, Feb. 24, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
To recover its loans from Jet Airways, state-run lender SBI is mulling moving National Company Law Tribunal as it feels the airline is running out of funds for operations, even as shareholders of the debt-laden carrier have approved a debt rejig plan, officials said. Shareholders of Jet Airways have approved conversion…
The Special Investigating Unit (SIU) is investigating the alleged theft of R139 billion from Eskom, related to the construction of the Medupi and Kusile power stations, the Sunday Times has reported. This is reportedly part of a broader SIU investigation into the theft of about R170 billion from the power utility. The paper reported that…
Former boxer Eubank was declared bankrupt in November 2005 after racking up debts of 1.3m. Eubank lived a life of luxury. Fancy cars. Big holidays. Clothes. Shoes. The works. The former WBO middleweight and super-middleweight champion is regarded as the fourth best British super-middleweight in history. But, after hanging up his gloves in 1998 with…
NEW YORK, Feb. 22, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
BENSALEM, Pa., Feb. 22, 2019 (GLOBE NEWSWIRE) — Law Offices of Howard G. Smith reminds investors of the March 4, 2019 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Yangtze River Port and Logistics Limited (Yangtze River or the Company) ( YRIV) securities between February…