AC Milan sale to Li Yonghong probed by Italian prosecutors – reports – ESPN (press release) (blog)

10:49 AM GMT Ben Gladwell The Milan prosecutor’s office has opened an investigation into the sale of AC Milan from Silvio Berlusconi’s Fininvest company to Li Yonghong last April, ANSA and Reuters report. No individuals are as yet named as suspects in what is currently a preliminary investigation based on suspicious movements of funds picked…

Serbia’s Nelt to acquire factory of insolvent Magnohrom in Kraljevo – SeeNews

Author: Ken Teegardin. Licence: Creative Commons, Attribution-ShareAlike 2.0 Generic. BELGRADE (Serbia), March 22 (SeeNews) Serbia’s Bankruptcy Supervision Agency said it accepted the bid of logistics company Nelt Group for the acquisition of the electrothermal products factory of the insolvent producer of fire-resistant materials Magnohrom in Kraljevo. Nelt group placed its 98 million dinars ($1 million/828,000 euro)  bid during…

Frail Roslyn Packer, 80, is wheeled through Sydney Airport with her daughter as she jets off to visit son James … – Daily Mail

James Packer’s mother flew out of Australia to be with her son after his ‘mental health issues’ were revealed Roslyn Packer, 80, cut a frail figure and was wheeled through Sydney Airport on a mobility chair on Thursday Wife of late media mogul Kerry didn’t speak with media as airport staff pushed wheelchair through terminal…

Supreme Court dismisses Stayzilla’s appeal against insolvency, co to continue under IBC – The News Minute

In September 2017, the National Company Law Tribunal (NCLT) Chennai ordered Stayzilla to become insolvent and pay the outstanding dues to JigSaw. In a blow to homestay aggregator Stayzilla, the Supreme Court has dismissed the appeal filed by co-founder Yogendra Vasupal challenging the insolvency proceedings ordered by the National Company Law Tribunal. On September 18,…