Insolvency Guardian Media Centre
NEW YORK–(BUSINESS WIRE)–Scott+Scott
Attorneys at Law LLP (Scott+Scott), a national shareholder and
consumer rights litigation firm, is notifying investors that a class
action lawsuit has been filed against Yangtze River Port and Logistics
Limited (Yangtze or the Company) (NASDAQ: YRIV) and other
defendants, related to alleged violations of federal securities laws. If
you purchased Yangtze securities between February 2, 2016 through
December 5, 2018, you are encouraged to contact a Scott+Scott attorney
at (844) 818-6982 for more information. The lead plaintiff
deadline is March 4, 2019.
Yangtze operates through its wholly-owned subsidiary, Wuhan Y…
Read the full article at: https://www.businesswire.com/news/home/20190226006000/en/ScottScott-Attorneys-Law-LLP-Reminds-Investors-Securities
The boss of a community interest company that went into liquidation with claims for debts of almost 75,000 has been disqualified from acting as a director for 10 years.
Kathryn Holton, 39, of Ashford in Kent was a director of The Music Hub Plus, which ran music courses in Kent.
The company entered liquidation in 2017, which prompted 28 organisations, including the Department for Business, Energy and Industrial Strategy, to file claims as creditors.
The Insolvency Service said today this was the second time it had acted against Holton. According to the service, she was disqualified in October 2016 in connection with two other companies that had entered into insolvency proceedings.
But she continued to act as direc…
Read the full article at: https://www.thirdsector.co.uk/community-interest-company-boss-disqualified-directorships-10-years/management/article/1562959
NEW YORK, Feb. 26, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided. There is no cost or obligation to you.
DBV Technologies S.A. (NASDAQ: DBVT)
Class Period: February 14, 2018 – December 19, 2018
Lead Plaintiff Deadline: March 18, 2019
Join the action: https://www.zlk.com/pslra-1/dbv-technologies-s-a-loss-form?wire=3
The lawsuit alleges: DBV Technologies S.A. made materially false and/or misleading statements and/or failed to disclose that: (1…
Read the full article at: https://globenewswire.com/news-release/2019/02/26/1742830/0/en/CLASS-ACTION-UPDATE-for-DBVT-YRIV-ASTE-and-BRS-Levi-Korsinsky-LLP-Reminds-Investors-of-Class-Actions-on-Behalf-of-Shareholders.html
Insolvency administrator of the bankrupt Tosmare shipbuilding factory Ivars Meis has put up the companys owned ship repair and shipbuilding factory for EUR 2.164 million, according to published announcement on the media.
The announcement mentions that the price of Tosmare shipbuilding factory is EUR 2,163,163 with VAT. Property on sale includes two dry docks, one floating dock, as well as ship repair and construction equipment.
On 9 August 2018, Kurzeme District Court in Talsi declared Tosmare shipbuilding factory insolvent.
The companys creditors, according to the latest information, have registered enforcement of debts worth EUR 4.16 million, including EUR 487,800 for secured creditors and EUR 3.672 million for non-secured creditors.
I…
Read the full article at: https://bnn-news.com/tosmare-shipbuilding-factory-on-sale-for-eur-2-163-million-197573
The steel sector has turned out to be one of the major beneficiaries of the Insolvency and Bankruptcy Code (IBC), according to ratings agency ICRA Ltd. This could lead to improved plant utilisation and domestic steel supply. Out of the 40 large defaulting accounts identified by the RBI in 2017, 11 entities belonged to the steel sector. As per ICRA report, eight out of these 11 companies have steel manufacturing capacities totalling about 23.8 million metric tonnes per annum (mtpa) forming about 18% of the total domestic steel capacity.
Sharing his views Abhishek Dafria, vice president, ICRA said: The steel sector has provided an impetus to the IBC with four large corporate debtors having already completed the corporate insolvency resolut…
Read the full article at: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/steel-sector-has-turned-out-to-be-one-of-the-major-beneficiaries-of-ibc-icra-ltd/articleshow/68171716.cms
A trustfund baby whose tycoon father helped to pay for her 1.3 million Fulham home is fighting to keep the property after the collapse of his business empire.
Kate Watkin, 37, claims she is an innocent victim in the bankruptcy of father Karl Watkin, who helped her to get on the property ladder.
Creditors of Mr Watkin, 63, who were left out of pocket after he fell into financial difficulties in 2012, are no…
Read the full article at: https://www.standard.co.uk/news/uk/trust-fund-baby-fights-former-bankrupt-father-s-creditors-to-keep-her-13m-home-a4076736.html
Dear Sir/ Madam,
Sub: Notice of Ninth 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 that the Ninth meeting of the Committee of Creditors (CoC) of Uttam Value Steels Limited (Corporate Debtor) under the provisions of the Insolvency and Bankruptcy Code, 2016, is scheduled to be held on Wednesday, 27th February, 2019
You are requested to take the same on record.
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/uttam-value-steels-ltd-corporate-insolvency-resolution-process-cirp-intimation-of-meeting-of-committee-of-creditors/article26376067.ece
Did you know the average American is approximately$38,000 in personal debt, with credit card debt being the leading source? With such a large amount of debt, personal loans are becoming more popular, especially for credit card debt consolidation. In the past year alone,34% of Americans took out a personal loan.
Personal loans can be used for a variety of reasons, …
Read the full article at: https://www.marketwatch.com/story/everything-you-need-to-know-about-getting-a-personal-loan-to-conquer-debt-2019-02-26
The National Company Law Appellate Tribunal has stayed the ongoing liquidation of Bharati Defence and Infrastructure Ltd.
The NCLAT directed that the liquidator will not take any steps to sell or transfer or alienate movable or immovable assets of the company. The Mumbai bench of the National Company Law Tribunal had ordered the liquidation in January, rejecting the Edelweiss Asset Reconstruction Companys resolution plan approved by the committee of creditors.
Edelweiss ARC, which initiated the insolvency process against Bharati Defence in June 2017, was the lead financial creditor and also the successful bidder. The resolution professional had rejected the other four offers citing non-compliance.
But the NCLT rejected Edelweiss ARCs plan o…
Read the full article at: https://www.bloombergquint.com/law-and-policy/nclat-stays-bharati-defences-liquidation-process
A Leicester-based IT supplier has been closed down after it carried on the work of two companies that courts said had traded in an improper manner.
The UK government today announced that Bradwell Communications, which lists its business as the wholesale of electronic and telecommunications equipment and other telecoms activities, was wound up in the public interest.
According to the Insolvency Service, Bradwell Communications had been carrying on the work of two firms that watchdogs had already sought to shut down.
Direct United (Services) and Fibre Tex were found to have “operated with a lack of transparency and had traded in an improper manner that result…
Read the full article at: https://www.theregister.co.uk/2019/02/26/insolvency_service_bradwell_communications/
Issues Initial 2019 Guidance
ATLANTA, Feb. 25, 2019 (GLOBE NEWSWIRE) — Crawford & Company (www.crawco.com) (NYSE: CRD-A and CRD-B), the worlds largest publicly listed independent provider of claims management and outsourcing solutions to insurance companies and self-insured entities, today announced its financial results for the fourth quarter and year ended December31, 2018.
The Companys two classes of stock are substantially identical, except with respect to voting rights and the Companys ability to pay greater cash dividends on the non-voting Class A Common Stock (CRD-A) than on the voting Class B Common Stock (CRD-B), subject to certain limitations. In addition, with respect to mergers or similar transactions, holders of CRD-A m…
Read the full article at: https://globenewswire.com/news-release/2019/02/25/1741950/0/en/Crawford-Company-Reports-2018-Fourth-Quarter-and-Full-Year-Results.html
Cobie Smulders, she of Avengers and How I Met Your Mother fame, has been cast in an ABC drama pilot from writer Jason Richman (Mercy Street).
The series is called Stumptown, and it is an adaptation of a series of modern-day detective fiction graphic novels published by Oni Press. Launched inNovember 4, 2009, the first Stumptown series ran for four issues, with a second and third series beginning in September 2012 and September 2014, respectively. The third volume is currently ongoing.
The story follows Dex Parios, played by Smulders, who Deadline describes as “a strong, assertive, and unapologetically sharp-witted Army veteran working as a P.I. in Portland, OR. With a complicated personal history and only herself to rely on, she …
Read the full article at: https://www.denofgeek.com/us/tv/abc/279502/cobie-smulders-cast-in-abc-detective-pilot