Outer Harbor Terminals Bankruptcy Liquidation Effective – Bankrupt Company News (press release) (blog)

AdvertisementThe U.S. Bankruptcy Court entered an order converting Outer Harbor Terminals Chapter 11 reorganization to a liquidation under Chapter 7. Advertisement The U.S. Trustee assigned to the case requested the conversion order. At the time of its bankruptcy filing, the Company told the Court [T]he Debtor bankruptcy filing coincides with the……

Major corruption probe after Caledon owner’s $1bn loss – Gladstone Observer

A MAJOR corruption probe is under way into the former heads of the Chinese state-owned Guangdong Rising, the owner of recently liquidated Caledon Coal. Chinese media is reporting former chairman of the Chinese state-owned enterprise Li Jinming was handed to prosecutors for investigation after the company’s Australian investments, including Caledon Resources, lost more than $1billion.…

StanChart PE-backed Innoventive Industries challenges liquidation process – VCCircle

Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, has approached the Mumbai bench of National Company Law Tribunal (NCLT) cha …. Leave Your Comment Buyout firm TPG Capital has again emerged as the front runner to acquire ICICI… The government will form a committee to guide foreign investors about the……

Innoventive Industries faces liquidation as lenders reject resolution plans – Livemint

A file photo of a steel plant. The liquidation value of Innoventive Industries is expected to be in the range of Rs130-140 crore. Photo: Abhijit Bhatlekar/Mint Mumbai: Innoventive Industries Ltd, a Pune-based steel products maker that is undergoing bankruptcy proceedings, faces liquidation after a committee of creditors (CoC) rejected two resolution plans, including one from…

Quintis controls more Top End groundwater than government-owned water and electricity provider – ABC Online

Embattled Indian sandalwood producer Quintis controls at least 51,277 megalitres of water the largest volume of licenced water in the Northern Territory significantly more than any other agricultural, industrial or government entity, ABC Rural can reveal. NTCH Quintis water facts Quintis controls: 26 per cent of the Top End’s total allocated water 49 per cent…

Information utility under the IBC – The Hindu

explainer Industry Sanjay Vijayakumar Chennai , October 15, 2017 21:40 IST Updated: October 15, 2017 21:41 IST “; var device = “”; for ( var type in WFClientTypeDef) { if (window.matchMedia(WFClientTypeDef[type]).matches) { switch (type) { case “xlarge”: device = ‘desktop’; break; case “large”: device = ‘desktop’; break; case “medium”: device = ‘tab’; break; case “small”:…