Lorraine McGowen Partner New York Lorraine brings 30+ years of legal experience in bankruptcies, out-of-court restructurings, sovereign debt restructurings and creditors’ rights controversies. She interfaces with auditors, government regulators, investment bankers and others, and develops and implements mediation and litigation strategies, and negotiates reorganization plans and complex corporate and finance documents. She…
Fortune Rise Acquisition Corporation Announces Termination of Business Combination Agreement with Water On Demand, Inc. and Subsequent Liquidation AccessWire Read the original article here
Zombie companies on the rise in Australia Money magazine Read the original article here
Oragenics SARASOTA, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) — Oragenics, Inc. (NYSE: OGEN), a biotechnology company advancing innovative treatments for brain-related health conditions, today announced the conversion of its remaining outstanding convertible Series A and Series B Preferred Shares into common stock. The conversion helps simplify the company’s capital structure and eliminates approximately $2.35 million…
Open this photo in gallery: Court-appointed receivers and monitors who take control of companies now routinely bill about $1,100 an hour. These fees are considered senior claims in a bankruptcy or restructuring, so the advisers get their cheques before anyone else gets repaid.Adrien Veczan/The Canadian Press In 2010, brothers Sam and Jasvir Johal started a…
Company collapses right before Christmas news.com.au Read the original article here
Rival hospital operators circle Healthscope The Australian Read the original article here
Australian luxury fashion retailer Harrolds has collapsed while owing more than $12 million. The four entities that make up the Harrolds Group were placed into liquidation at the start of October. In a statement provided to 9News, liquidator SMB Advisory put the department store’s collapse down to the difficult post-pandemic economy. A shoe display at…
It’s a smartwatch that promises to help keep children safe, but parents who have bought a Moochies device say it shows their kids are hundreds of kilometres away from where they actually are. It’s just one among a slew of complaints customers have against the watch seller — from incorrect charges to difficulty cancelling plans.…
Major Australian fashion retailer collapses into voluntary administration The Northern Daily Leader Read the original article here