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New pre-pack law is a retail 'game changer'

Unrestricted access to high-quality, independent coverage of the fashion retail industry Keep up to date with the latest breaking news, and find out what it means for you Read in-depth interviews with innovative business leaders Download bespoke research and data Discover our must-have seasonal menswear, womenswear and footwear buying guides Get full access to all of Drapers’ editorial newsletters Get a free ticket to Drapers Sustainable Fashion Conference 2021 Be a part of the Drapers Prior...
United Kingdom City Of Stephen Springham Paul Taylor Colin Haig Jane Norman

UK Insolvency Reform – Evaluating Pre-Pack Sales to a Connected Person | K&L Gates LLP

EXECUTIVE SUMMARY A Pre-Pack Sale is the sale of all or substantially all of an English company’s assets to a third-party purchaser immediately or shortly after the distressed company goes into a UK rescue procedure called administration. The attraction of a Pre-Pack Sale is the speed of the transaction, which helps preserve the value of the business and save jobs, as the company is able to carry on trading through the process. The Administration (Restrictions on Disposal etc. to Connected Pe...
United Kingdom Kl Gates Administration Restrictions On Disposal Pre Pack Sale Connected Persons Pre Pack Sales

UK Insolvency Reform Evaluating Pre-Pack Sales to a Connected Person

Tuesday, April 20, 2021 Executive Summary A Pre-Pack Sale is the sale of all or substantially all of an English company’s assets to a third-party purchaser immediately or shortly after the distressed company goes into a UK rescue procedure called administration. The attraction of a Pre-Pack Sale is the speed of the transaction, which helps preserve the value of the business and save jobs, as the company is able to carry on trading through the process. The Administration (Restriction...
United Kingdom Administration Restrictions On Disposal Pre Pack Sale Connected Persons Pre Pack Sales Insolvency Act

5paisa Capital Ltd board to announce Q4, FY21 results, fund raising through NCDs on April 20, 2021

5paisa Capital Ltd board to announce Q4, FY21 results, fund raising through NCDs on April 20, 2021 Posted On: 2021-04-12 08:26:15 (Time Zone: Arizona, USA) A meeting of the Board of Directors of 5paisa Capital Ltd is scheduled to be held on Tuesday, April 20, 2021, to consider and approve, the Standalone and Consolidated Audited Financial Results for the quarter and year ended on March 31, 2021. The board will consider annual fund raising by way of issue of Non-Convertible Debentures on pr...
United States Capital Ltd Time Zone Consolidated Audited Financial Results Non Convertible Debentures Trading Window

Investegate |Bluefield Solar Inco Announcements | Bluefield Solar Inco: Director/PDMR Shareholding

  Bluefield Solar is a UK income fund focused, primarily, on acquiring and managing UK-based solar projects to generate renewable energy for periods of typically 25 years or longer. Not less than 75% of the Companys gross assets will be invested into UK solar assets. The Company can also invest up to 25% of its gross assets into onshore wind, hydro and storage technologies.  Its primary objective is to deliver to its shareholders stable, long term sterling income via quarterly div...
United Kingdom City Of Anthony Williams Tod Davis David Benda Kevin Smith Company Investment Adviser

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Are Industry Concerns Addressed in Draft UK Pre-Pack Regulations?

Friday, March 5, 2021 On 24 February 2021, the UK government published the draft bill for the Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021 (the  “Regulations”), which, once in force, will require mandatory creditor approval or an evaluator report before an insolvency practitioner ( “IP”) can dispose of the company’s property by a ‘pre-pack’. The Regulations are expected to come into effect on 30 April 2021 and we do not expect the...
United Kingdom Luke Carney Administration Restrictions On Disposal Connected Persons Legislative News Financial Institutions And Banking

Investegate |Kainos Group plc Announcements | Kainos Group plc: Director/PDMR Shareholding

  The Groups Digital Services include full lifecycle development and support of customised Digital Services for government and commercial customers. Kainos is also the leading European partner for Workday, Inc. (Workday), responsible for implementing Workdays innovative Software-as-a-Service (SaaS) platform for enterprise and, now, government customers.    The Groups Digital Platforms comprise specialised digital platforms in the mobile healthcare and automated ...
United States City Of United Kingdom Canaccord Genuity Richard Mccann Emma Gabriel

Investegate |Walker Crips Group Announcements | Walker Crips Group: Director/PDMR Shareholding

*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any natio...
City Of United Kingdom Goode George Tzimas Sanath Dandeniya Walker Crips London Stock Exchange

Pudumjee Paper Products Ltd board to announce Q3 results on Jan 23, 2021

Pudumjee Paper Products Ltd board to announce Q3 results on Jan 23, 2021 Posted On: 2021-01-15 22:35:18 (Time Zone: Arizona, USA) A meeting of the Board of Directors of Pudumjee Paper Products Ltd has been convened to be held on Saturday, the 23rd January, 2021 to consider and approve the Unaudited Financial Results of the Company along with the Limited Review Report for the Quarter and Nine Months ended on 31st December, 2020. The trading window for dealing in the securities has been clos...
United States Pudumjee Paper Products Ltd Unaudited Financial Results Of The Company Paper Products Ltd Time Zone Unaudited Financial Results

Bandhan Bank Ltd board to announce Q3 results on Jan 21, 2021

Bandhan Bank Ltd board to announce Q3 results on Jan 21, 2021 Posted On: 2021-01-14 18:24:47 (Time Zone: Arizona, USA) A Meeting of the Board of Directors of Bandhan Bank Ltd will be held on Thursday, January 21, 2021 at Kolkata, to consider and approve the Unaudited Financial Results of the Bank for the Quarter (Q3) and nine months ended December 31, 2020. The window for trading in securities of the Bank for the Promoter(s), Directors, Designated Persons, Auditors and their relatives, and...
West Bengal United States Bandhan Bank Ltd Unaudited Financial Results Of The Bank Bank Ltd Time Zone

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