Changing horizon of UK’s corporate insolvency and restructuring landscape – The Lawyer

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By James Forsyth The UKs corporate insolvency and restructuring landscape will be changing dramatically, following the Governments announcement on 26 August 2018. The Government proposes to introduce a wide range of reforms including:1. A standalone restructuring moratorium for companies which are in financial distress2. A statutory restructuring process which will potentially bind dissenting creditors; and3.…

Uttam Value Steels Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of … – The Hindu BusinessLine

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Dear Sir/ Madam, Sub: Notice of Second Meeting of Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor) Pursuant to the provisions of Regulation 30 [Schedule III, Part A, Clause A (16) (g)] of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you…

Voluntary Administration Process Commences for Sommer & Staff Constructions – Mirage News

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Sommer & Staff Constructions has announced that it has appointed Trent Hancock of PKF Chartered Accountants as Voluntary Administrator. The Administration of Sommer & Staff Constructions is due to the suspension of its builders licence as a result of experiencing difficulties on a building contract in the West End of Brisbane where sub-contractors are owed…

‘Individual insolvency norms soon’ – The New Indian Express

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By Express News Service BHUBANESWAR: The regulatory authority is making all arrangements for implementation of individual insolvency norms in the country as soon as possible, said Insolvency and Bankruptcy Board of India (IBBI) chairman, MS Sahoo. Speaking at a national conference organised by Indian Chamber of Commerce (ICC) on Insolvency and Bankruptcy Reforms: Code Demystified…

Sterling Biotech Ltd. – Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors – The Hindu BusinessLine

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Dear Sir / Madam, We would like to inform you that meeting of the 04th Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Tuesday, 18th September 2018 at 02:00 P.M. IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to…

Balmain stave off voluntary administration, but fight is far from over – Brisbane Times

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Balmain Tigers have demonstrated their traditional fighting spirit, staving off voluntary administration by negotiating a significant financial contribution from Heworth Pty Ltd, the developer who took control of their Rozelle site 18 months ago. Rumours have swirled for days that Balmain, a 1908 foundation club, would be forced into voluntary administration, almost 10 years to…