Woodlawn Mine company, Heron Resources, enters voluntary administration – Goulburn Post

news, Goulburn, Heron Resources, Tarago, Woodlawn Mine, administration, FTI Consulting A company that was aiming to revive copper and zinc mining near Tarago has entered voluntary administration. Heron Resources notified the Australian Securities Exchange (ASX) of its decision on Friday. It followed failed attempts to secure what it described as a “suitable transaction” for the…

Tech contractor goes into administration while facing class action – Lawyers Weekly – Lawyers Weekly

A major Telstra and Foxtel contractor has gone into voluntary administration, while facing a $400 million class action from Shine Lawyers. The class action against Tandem Corporation, formerly known as Infrastructure Services Group Management (ISGM), filed in November, 2018, was the largest employment-related class action in the country. The case was due to go to…

IBBI amends insolvency rules to help improve transparency – The Hindu

Seeking to enhance transparency in the insolvency process, the Insolvency and Bankruptcy Board of India (IBBI) has amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations. The IBBI said in a release on Wednesday that the amendments were aimed at enhancing the discipline, transparency, and accountability in corporate insolvency…

Luby’s liquidation proves more lucrative than expected – Restaurant Business Online

Photo courtesy of Luby’s Cafe Shareholders of cafeteria operator Lubys Inc. will receive nearly 4% more from the companys liquidation than had been previously projected, a per-share bump of 15 cents, according to management. In a securities filing, the company attributed the sweetened forecast to a combination of higher-than-expected proceeds from recent sales and improved…