THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. PART II OF THIS DOCUMENT COMPRISES AN EXPLANATORY STATEMENT IN COMPLIANCE WITH SECTION 897 OF THE COMPANIES ACT. THIS...

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UTAG rejects Finance Minister's alternative debt restructuring for pension funds

April 17, 2023

The University Teachers Association of Ghana (UTAG) has rejected the government's new proposed debt restructuring offer, which includes pension funds.

Asare Asante Annor International Monetary Fund Multimedia Group Board Of Trustees Pensions Funds Ghanaian University Lecturer Board Of Trustees

Source: myjoyonline.com

Stay off our pensions – UTAG warns govt over newly proposed domestic debt exchange programme

April 17, 2023

The University Teachers Association of Ghana (UTAG) has warned that it will stand firm on its resolve not to include pension funds in a debt exchange programme by the government. | Pulse Ghana

Ken Ofori Atta Domestic Debt Exchange Programme Board Of Trustees Pension Funds Ghanaian University Lecturer Finance Ministry Pension Funds

Source: pulse.com.gh

Our alternative arrangement has nothing to do with new proposed offer – Prof Gyampo

April 17, 2023

Political Science Lecturer at the University of Ghana (UG) has stated that government’s proposed offer to include pension funds in the debt restructuring offer is not the agreement UTAG had with government when they signed the Memorandum of Understanding MoU).

Joynews Adomnews Ransford Gyampo Domestic Debt Exchange Programme University Of Ghana Board Of Trustees Multimedia Group

Source: myjoyonline.com

An unsecured "credit bid" – a first in the UK restructuring market | Hogan Lovells

March 4, 2023

The UK High Court has considered and granted permission for a so called “credit bid” in an application by the Special Administrators of Sova Capital Ltd (in special administration) for...

United Kingdom English Court Sova Capital Investment Bank Special Administration Regulations Moscow Stock Exchange Capital Limited

Source: jdsupra.com