Page 73 - Liquidation News Today

Saving SsangYong Motor Radical restructuring inevitable for troubled automaker SsangYong Motor has been placed under court receivership once again. Last Thursday, the Seoul Bankruptcy Court approved corporate rehabilitation procedures for the automaker, ordering the company to submit a restructuring plan by July 1. The troubled SsangYong stands at a crossroads, with its fate resting in the hands of the court about a decade years after it emerged from a similar predicament in March 2011. The c...

April 15, 2021 Group addresses debt of ₹43,000 crore till date About ₹43,000 crore of debt of bankrupt Infrastructure Leasing and Financial Services (IL&FS) has been addressed and the new board and management expects that this would increase to ₹50,000 crore by end of September this year. “The group has also enhanced its estimates of aggregate debt recovery to ₹61,000 crore – an increase of ₹5,000 crore over its earlier estimate of ₹56,000 crore,” said Uday Kotak, Chairman of...

GMM Pfaudler buys assets of HDO Technologies in liquidation Ahmedabad | Updated on March 16, 2021 GMM Pfaudler Limited has emerged as a successful bidder to acquire HDO Technologies Ltd’s assets in liquidation process. The technology process solutions provider will acquire the assets, including land, building, plant and machinery for a consideration of ₹58.46 crore. The acquisition will enhance capacity and augment the capabilities in heavy engineering for GMM Pfaulder. HDO Technologies ...

If you love to dress your child in boutique clothing, but can’t always afford the boutique prices, here is a chance for you to snag a couple of pieces at a discounted price. According to Macaroni Kid, Bargain Boutique Overstock will be in Acadiana to liquidate thousands of pieces of children’s boutique quality clothing, shoes, and accessories. They will have huge discounted prices on all of their pieces. The event will be held in Broussard at 101 Rolls Royce Drive on this Thursday, Friday, ...

Australian banker Lex Greensill’s Greensill Capital, a start-up that provided short-term cash advances and spun off its loans into bond-like securities has filed for insolvency protection. This after bondholders Credit Suisse stopped investors from moving money in or out of $10bn in supply-chain investment funds when Greensill lost coverage from credit insurers. Backers such as German municipalities and Japan’s SoftBank stand to lose billions. Now South Africa’s Barak Fund, which has a st...

VanEck Vectors UCITS ETF - VanEck announce liquidation of two ETFs PR Newswire London, March 12 This Notice is sent to you as Shareholder of the Fund. It is important and requires your immediate attention. If you are in any doubt as to the action to be taken, you are advised to consult your stockbroker, solicitor or attorney, accountant or other independent financial adviser. If you have sold or otherwise transferred your holding in the Fund, please send at once this document to the stockbroker...

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Analysis of ASIC and ABN Lookup data reveals the full list of companies to close down in your area over the past year.

Business by Cathryn McLauchlan Premium Content Subscriber only NO liquidation appointment notices have been listed for businesses in the Bundaberg Local Government Area so far today. The total for the past year is four. News Corp analysis of ASIC Insolvency Notices and ABN Lookup data shows the locations of company liquidations across the state. Queensland-based companies operating without an ABN were omitted from the list below, however can be found in our ...

Generic image of business people News by Cathryn McLauchlan Premium Content Subscriber only NO liquidation appointment notices have been listed for businesses in the Whitsunday Local Government Area so far today. The total for the past year is three. News Corp analysis of ASIC Insolvency Notices and ABN Lookup data shows the locations of company liquidations across the state. Queensland-based companies operating without an ABN were omitted from the list be...