Arrium directors to be grilled in court over potential breaches – The Australian Financial Review

Administrator KordaMentha intends grilling some of the directors and executives of Arrium in a public examination in court, as it investigates possible breaches of directors duties and potential misleading conduct over the drawing down of a last-minute refinancing facility and other loans in early 2016, just before the steel company collapsed. A report to creditors by KordaMentha, which sold the…

Ex-Celtic and Dundee star Rab Douglas opens his heart on battling depression and being made bankrupt – The Scottish Sun

‘BAD PLACE’ The 45-year-old part of Martin ONeills legendary Hoops side – came out of retirement last month to appear for League One side Arbroath against Queens Park EX-CELTIC star Rab Douglas has opened his heart on battling depression and being made bankrupt. The veteran keeper discussed his demons in an interview with the BBC…

English court recognises Croatian insolvency proceeding, outlines factors to consider – Out-Law.com

The ruling means that the Croatian administration has been recognised under English law and, therefore, a stay on any enforcement or other legal action against the company’s assets in England has been put in place. The decision was made despite opposition from a creditor bank which had started arbitration proceedings against the company in London.…

EXCLUSIVE INVESTIGATION: Coventry council ex-deputy Phil Townshend ‘fraud’ claims end in OAP winning her … – Coventry Observer

A LONG legal battle involving claims the late Coventry council deputy leader Phil Townshend fraudulently obtained a vulnerable elderly relatives home has resulted in the property being returned to her in time for Christmas, we can reveal. A Coventry Observer investigation exclusively revealed two years ago that, before and after his death in October 2015,…