Category Archives: Bankruptcy

Scott+Scott Attorneys at Law LLP Reminds Investors of Securities Class Action Against Yangtze River Port and Logistics Limited and March 4 Lead Plaintiff Deadline – Business Wire

NEW YORK–(BUSINESS WIRE)–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…

Community interest company boss disqualified from directorships for 10 years – Third Sector

The boss of a community interest company that went into liquidation with claims for debts of almost 75,000 has been disqualified from acting as a director for 10 years. Kathryn Holton, 39, of Ashford in Kent was a director of The Music Hub Plus, which ran music courses in Kent. The company entered liquidation in…

CLASS ACTION UPDATE for DBVT, YRIV, ASTE and BRS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire

NEW YORK, Feb. 26, 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…

Tosmare shipbuilding factory on sale for EUR 2.163 million – bnn-news.com

Insolvency administrator of the bankrupt Tosmare shipbuilding factory Ivars Meis has put up the companys owned ship repair and shipbuilding factory for EUR 2.164 million, according to published announcement on the media. The announcement mentions that the price of Tosmare shipbuilding factory is EUR 2,163,163 with VAT. Property on sale includes two dry docks, one…

Trust fund baby fights former bankrupt fathers creditors to keep her £1.3m home – Evening Standard

A trustfund baby whose tycoon father helped to pay for her 1.3 million Fulham home is fighting to keep the property after the collapse of his business empire. Kate Watkin, 37, claims she is an innocent victim in the bankruptcy of father Karl Watkin, who helped her to get on the property ladder. Creditors of…

Telecoms kit supplier shut down for carrying on work of two firms that had been… shut down – The Register

A Leicester-based IT supplier has been closed down after it carried on the work of two companies that courts said had traded in an improper manner. The UK government today announced that Bradwell Communications, which lists its business as the wholesale of electronic and telecommunications equipment and other telecoms activities, was wound up in the…

Italian firm given Sh38bn dam tender denies bankruptcy reports – Daily Nation

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…

Insolvency costs to taxpayers rise by 31% – MorningAdvertiser.co.uk

The research from real estate adviser Altus Group discovered The Insolvency Service an agency of the Department for Business, Energy and Industrial Strategy paid out a total of 298.07m to former members of staff as a result of their employer entering into administration, liquidation, a company voluntary arrangement, or another form of corporate in 2018.…

CLASS ACTION UPDATE for YRIV, W, TAP and AMRN: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire

NEW YORK, Feb. 25, 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…

Itare Dam: Italian firm denies bankruptcy reports – Business Daily

News Itare Dam: Italian firm denies bankruptcy reports Monday, February 25, 2019 11:23 By DAVID MWERE A deserted construction site at Itare Dam in Kuresoi South, Nakuru County on October 9, 2018. FILE PHOTO | NATION MEDIA GROUP An Italian firm contracted by the national government to construct the multibillion Itare Dam within Nakuru County…