by: Debbie Lord, Cox Media Group National Content Desk Updated: Jun 30, 2017 – 11:01 AM File photo: In a government filing Friday, June 23, 2017, real estate investment trust Seritage confirmed that Sears Holdings Corp. is closing another 20 stores, two of which are Kmart stores, as the ailing retailer tries to turn around…
After a “difficult, but necessary” decision, Sears announced the closing of Sears and Sears Auto Center in Mentor and Middleburg Heights. Liquidation sales in the stores begin today. Earlier this month, liquidation sales began at the Sears location at Midway Mall, which is also closing this year. According to a company spokesperson, shoppers will still…
On the morning of May 21, 2007, Andrew Grech stood in front of the board of the Australian Securities Exchange in his home town of Melbourne to mark a globally historic moment for the legal profession. Slater & Gordon, founded in 1935 to protect Victorian workers, was blazing a trail by becoming the first in…
State Bank of India initiated the corporate insolvency resolution process and filed the documents with NCLT, Kolkata, against the company under the Insolvency and Bankruptcy Code, 2016. ‘).appendTo($(‘#gta_top’));$(”).appendTo($(‘#gta_top’));},3000);} else if (google_ads.length > 1) {s += ”;}s += ‘ ‘}}return;}google_ad_client = “pub-7641565019577886”;google_ad_slot = “8438645248”;google_ad_width = 620;google_ad_height = 70;google_max_num_ads = 1;google_ad_type = ‘text’;google_ad_output = ‘js’; Electrosteel Steels…
Jun 29, 2017 02:04 PM IST | Source: PTI State Bank of India initiated the corporate insolvency resolution process and filed the documents with NCLT, Kolkata, against the company under the Insolvency and Bankruptcy Code, 2016, Electrosteel Steels said in a regulatory filing. Top lender SBI and other creditors have moved insolvency proceedings against Kolkata-…
Last updated: 29 June 2017 Thousands of customers who paid up to $8500 for education courses were subjected to misleading and unconscionable conduct by Get Qualified Australia, the Federal Court has ruled. The verdict comes as Get Qualified a company that had a yearly turnover of $14 million and employed 50 staff at its peak…
MATTHEW CATTIN/FAIRFAX NZ An application to put Waiwera Water New Zealand into liquidation has been made by the Commissioner of Inland Revenue. A company selling New Zealand water overseas, partly owned by a Russian billionaire, faces an application for liquidation. An application to put Waiwera Water New Zealand into liquidation was filed in the High Court on…
MATTHEW CATTIN/FAIRFAX NZ An application to put Waiwera Water New Zealand into liquidation has been made by the Commissioner of Inland Revenue. A company selling New Zealand water overseas, partly owned by a Russian billionaire, faces an application for liquidation. An application to put Waiwera Water New Zealand into liquidation was filed in the High Court on…
Profile Articles Activity Dr John Wood obtained his undergraduate and postgraduate degrees in law from the University of Leeds. His LLM allowed him to specialise in corporate and commercial based subjects, specifically corporate insolvency law. His PhD, completed in 2013 was entitled: corporate rescue: a critical analysis of its fundamentals and existences. He has been…
MUMBAI: The Reserve Bank of India may have plans to revive the debt-laden sector through the Insolvency and Bankruptcy Code, but lawyers and bankers say the platform could be misused by promoters of companies to stall other recovery procedures against them, like under the dreaded Sarfaesi Act. Under the Securitisation and Reconstruction of Financial Assets…