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Argentina’s Bodega Norton goes into administration

Bodega Norton, one of Argentina’s largest wineries, has formally entered administration with reported debts of 64 billion pesos (US$43 million or £32 million) owed to creditors, it has been reported.  Glass of red wine, as a background, vineyards at foot of fhe Andes range. Mendoza, Argentina. A Mendoza court approved the move petition of administration,…

Joint insurance company in Azerbaijan facing liquidation

BAKU, Azerbaijan, January 5. Azer-Asia Joint Insurance Company Open Joint-Stock Company (OJSC) is set to be liquidated, the company announced, Trend reports. An extraordinary general meeting of the company’s shareholders will be held on February 2 to address the liquidation and related matters. Established in 2007, Azer-Asia Joint Insurance Company OJSC had a charter capital…