Category Archives: Bankruptcy

YRIV NOTICE ALERT: Rosen Law Firm Reminds Yangtze River Port and Logistics Limited Investors of Important Deadline in First Filed Class Action YRIV – Business Wire

NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the first filed case commenced by the Rosen…

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Yangtze River Port & Logistics Limited – YRIV – GuruFocus.com

NEW YORK, Jan. 05, 2019 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Yangtze River Port & Logistics Limited (Yangtze or the Company) ( YRIV) Investors are advised to contact Robert S. Willoughby at [emailprotected] or 888-476-6529, ext. 9980. The investigation concerns whether Yangtze and certain of its officers and/or…

YRIV NOTICE ALERT: Rosen Law Firm Reminds Yangtze River Port and Logistics Limited Investors of Important Deadline in First Filed Class Action YRIV – Global Banking And Finance Review

Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited (NASDAQ: YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the first filed case commenced by the Rosen Firm. The…

Insolvency Law: Guarantors Lose The Right To Step Into Creditors Shoes – BloombergQuint

Personal and corporate guarantors, whove had to not only shoulder equal liability as the borrower under the insolvency law, now have also lost their right of subrogation. Under the Insolvency and Bankruptcy Code, courtsby relying on the Indian Contract Acthave held that the liability of a guarantor and borrower is co-extensive, they have the same…

HES boss branded disgusting over vow to continue insolvency fight despite staff being left unable to claim – The Courier

Management of a troubled clinical waste firm have been branded disgusting by workers at its Dundee plant after they vowed to never throw in the towel against insolvency, even if it means staff going without money. Workers at Healthcare Environmental Services (HES) Wester Gourdie facilityrevealed they have still not met face-to-face with managing directorGarry Pettigrew…

Wage arrears of bankrupt Transaero Airlines exceed $8.9 million – Investigative Committee – TASS

MOSCOW, January 5./TASS/. Wage arrears of bankrupt Transaero Airlines exceed 600 million rubles ($ 8.930 million), a spokesperson for the Russian Investigative Committees transport division in Moscow told TASS on Saturday. Transaero has debts to more than 7,000 of its former personnel. “More than 1,500 people have been questioned as aggrieved persons,” Natalya Fedorova said.…

Reid and Taylor: NCLT stalls liquidation, accepts union bid for company – ETRetail.com

MUMBAI: The Mumbai bench of the National Company Law Tribunal (NCLT) has accepted a bid by an unregistered union of the premium apparel brand Reid & Taylor India to take over the firm, stalling liquidation and has posted the matter for further hearing on January 8. Reid & Taylor, owned by the Kasliwal family-run S…

Reid & Taylor: NCLT stalls liquidation, accepts union bid – Moneycontrol.com

The Mumbai bench of the National Company Law Tribunal (NCLT) has accepted a bid by an unregistered union of the premium apparel brand Reid & Taylor India to take over the firm, stalling liquidation and has posted the matter for further hearing on January 8. Reid & Taylor, owned by the Kasliwal family-run S Kumar…

Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Yangtze River Port and Logistics Limited Investors (YRIV) – Business Wire

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (GPM), a global investors rights law firm,announces that a class action lawsuit has been filed on behalf of investors that purchased or otherwise 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…

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Yangtze River Port & Logistics Limited (YRIV) – GuruFocus.com

NEW YORK, Jan. 04, 2019 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a class action lawsuit has been filed against Yangtze River Port & Logistics Limited (Yangtze or the Company) ( YRIV) in the United States District Court for the Eastern District of New York, on behalf of a class consisting of investors…