Bankruptcy, insolvency & corporate restructuring | Deloitte | Legal Services | Solutions | Services Link opens in a new tab opens in new window Please enable… Read the original article here
P PLMJ More PLMJ is a law firm based in Portugal that combines a full service with bespoke legal craftsmanship. For more than 50 years, the firm has taken an innovative and creative approach to produced tailor-made solutions to effectively defend the interests of its clients. The…
Indian Renewable Energy Development Agency Ltd. on Wednesday filed a bankruptcy application against Gensol Engineering Ltd. for a default of Rs 510 crore. The public sector green energy financier filed the application under Section 7 of the Insolvency and Bankruptcy Code, 2016, according to a stock exchange filing. Section 7 of the IBC outlines the…
Hartford Funds Announces the Closure and Liquidation of Four Exchange-Traded Funds Business Wire Read the original article here
Hudson’s Bay Co. will decide on a buyer or buyers for its assets and store leases by early to mid-June. During a court appearance on Tuesday, Ashley Taylor of Stikeman Elliott LLP, who is representing HBC, provided the timeline, saying that the company will be back in court in two to three weeks to seek…
End of the road for KleuterZone as court orders final liquidation News24 Read the original article here
Highlights The National Company Law Appellate Tribunal has dismissed an insolvency petition against PepsiCo India Holdings, stating that the Insolvency and Bankruptcy Code cannot be used as a debt-recovery mechanism. The appellate tribunal upheld the earlier decision by the Chandigarh bench of the National Company Law Tribunal, which rejected SNJ Synthetics’s plea for initiating Corporate…
ICAI has suggested implementation of specialized measures to the challenges posed by defunct companies in the corporate insolvency resolution process (CIRP) and streamline the insolvency resolution process. The Insolvency and Valuation Standards Board (I&VSB) of the Institute of Chartered Accountants of India (ICAI) has released a study report on the efficacy of the Insolvency and…
Hudson’s Bay Company to auction historic artifacts amid liquidation CityNews Calgary Read the original article here
Kathrine Fredriksen leaves Avance Gas board as new directors brought in for liquidation TradeWinds Read the original article here