Uzbek refrigerator-making plant declared bankrupt – AzerNews

17 August 2018 17:11 (UTC+04:00) 345 By  Trend Sino plant producing refrigerators in Uzbekistans Samarkand city was declared bankrupt upon the court decision, the Uzbek media reported citing the Uzbek plant. The plant with the capacity of 250,000 refrigerators per year opened in 1973. During the times of the Soviet Union, the plant produced “Pamir”, “Samarkand”,…

Serbia offers for sale assets of insolvent FAP Livnica – SeeNews

Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic. BELGRADE (Serbia), August 17 (SeeNews) – Serbia’s Bankruptcy Supervision Agency is inviting bids for the purchase of assets of insolvent iron casting company FAP Livnica, the agency said on Friday. The estimated value of the assets of FAP Livnica for sale stands 461.1 million dinars ($4.5…

Steinhoff appoints Lehman Brothers insolvency veteran to board … – Fin24

Steinhoff International [JSE:SNH] moved to appoint insolvency expert Paul Copley to its supervisory board as the troubled global retailer seeks to strengthen management and add expertise following an accounting scandal. A former partner at PwC, Copley worked as an administrator of Lehman Brothers, one of the highest-profile corporate collapses of the financial crisis of 2008.…

Banks Can Act Against Personal Guarantors Of Insolvent Companies, Rules Supreme Court – BloombergQuint

The Supreme Court ruled that creditors can proceed against personal guarantors of a corporate debtor even while insolvency proceedings are on. The top court said the moratorium envisaged under Section 14 of the Insolvency and Bankruptcy Code will not apply to the personal guarantors. The provision places a moratorium on any suits or proceedings against…

Katie Price insists her house ‘smells INCREDIBLE’ after she’s accused of ‘failing to pick up dog excrement’ at her … – Daily Mail

Katie Price insists her house ‘smells INCREDIBLE’ after she’s accused of ‘failing to pick up dog excrement’ at her £2 million mansion By Olivia Wheeler For Mailonline Published: 18:13 AEST, 16 August 2018 | Updated: 18:23 AEST, 16 August 2018 e-mail View comments Katie Price has revealed that her £2 million mansion ‘smells incredible’ after…

Almost 65000 Malaysians declared bankrupt in last five years, says Liew – The Star Online

Reports by MARTIN CARVALHO, HEMANANTHANI SIVANANDAM, RAHIMY RAHIM and LOSHANA K SHAGAR  MALAYSIANS numbering 64,632 have been declared bankrupt in the last five years, the House was told. Minister in the Prime Ministers Department Datuk Liew Vui Keong said in a written reply that the highest bankruptcy cases among the individuals, aged between 18 and…