Galera Announces Board Approval of Complete Liquidation and

MALVERN, Pa., Aug. 14, 2024 (GLOBE NEWSWIRE) — Galera Therapeutics, Inc. (Nasdaq: GRTX), a clinical-stage biopharmaceutical company historically focused on developing a pipeline of novel, proprietary therapeutics that have the potential to transform radiotherapy in cancer, today announced that its Board of Directors has approved a Plan of Liquidation and Dissolution (Plan of Dissolution), which…

Rex airlines enters voluntary administration

Rex airlines has cancelled all flights between major city airports and grounded its domestic fleet of Boeing 737 aircraft after going into voluntary administration. The airline company is still operating its regional Saab 340 services, but its flights between major city airports have been cancelled, impacting thousands of travellers across Australia. Virgin Australia has offered…

Brewing concerns! NCLT orders insolvency proceedings against popular coffee chain Coffee Day Enterprises – Industry News

The parent company of the Coffee Day Group, which runs the Cafe Coffee Day network of coffee shops, Coffee Day Enterprises(CDEL), has been ordered to begin insolvency proceedings by the Corporate Dispute Tribunal NCLT. On August 8, the IDBI Trusteeship Services (IDBITSL) case, which claimed a default of Rs. 228.45 crore, was accepted by the…