Just when you thought Sears Holdings Corp. was on its way out, the bankrupt department store retailer could be saved once again by a $120 million infusion from its Chairman Eddie Lampert. Sears shares jumped 33% in afternoon trading Tuesday, after the potential Lampert rescue was revealed, reversing a loss of as much as 50%…
Pia Bang Stokes High profile or not, personal insolvency works for debtors Independent.ie When the High Court approved a 12m write-off of debt owed by Pia Bang Stokes and her husband, Jeffrey Stokes – formerly of Unicorn Restaurant fame – it sparked fears that our new personal insolvency regime was failing ordinary debtors while working…
Scott+Scott Attorneys at Law LLP (Scott+Scott), a national shareholder and consumer rights litigation firm, is notifying investors that a class action lawsuit has been filed against Yangtze River Port and Logistics Limited (Yangtze or the Company) (NASDAQ: YRIV) and other defendants, related to alleged violations of federal securities laws. If you purchased Yangtze securities between…
Just when you thought Sears Holdings Corp. was on its way out, the bankrupt department store retailer could be saved once again by a $120 million infusion from its Chairman Eddie Lampert. Sears shares jumped 33% in afternoon trading Tuesday, after the potential Lampert rescue was revealed, reversing a loss of as much as 50%…
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Yangtze River Port and Logistics Limited. (Yangtze River or the Company) (NASDAQ: YRIV) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and…
News that the Italian government signed a decree on Monday January 7 to permit both state-backed guarantees for any new bond issues by struggling Genoan lender Banca Carige and, if needed, a precautionary recapitalization by the state will be of little surprise to seasoned observers of European banking. Italy has provided a masterclass in the…
NEW YORK, Jan. 07, 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…
Bankrupt All American Oil & Gas Inc. of San Antonio is working on a deal to sell its assets to its largest creditor. The proposed transaction calls for creditor Kern Cal Oil 7 to bid the amount its owed by AAOG for the San Antonio companys assets. Such an offer is known as a credit…
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that acquired Yangtze River Port and Logistics Limited (Yangtze River or the Company) (NASDAQ:YRIV) securities between February 2, 2016 and December 5, 2018, inclusive (the Class Period). Yangtze River investors have untilMarch 4, 2019to file a…
LIQUIDATORS say 2019 is likely to keep proving troublesome for building and retail sectors, which were roughed up in the past year. Charities and aged care were other industries that could face struggles in 2019 amid government inquiries and changed funding rules, the insolvency experts said. Stirling Homes Qld collapse hits 40 buyers Builder collapse…