Page 8 - Joint Liquidators News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Acorn Income Fund - Results of EGM PR Newswire London, October 12 ACORN INCOME FUND LIMITED (a closed-ended investment company incorporated in Guernsey with registration

To print this article, all you need is to be registered or login on Mondaq.com. The U.S. Bankruptcy Court for the S.D.N.Y. provided further clarity in the Fairfield Sentry litigation on whether foreign constructive trust claims are avoidance claims in assessing the applicability of Sections 546(e) and 561(d), the U.S. bankruptcy safe harbor laws which generally immunizes securities transactions from bankruptcy avoidance actions. Judge Stuart M. Bernstein - in one of his last decisions before retiring from the bench - authored the opinion. Denying a motion by defendants...

UK Financial Conduct Authority: Blue Gate Capital Limited Enters Liquidation Date 02/03/2021 Blue Gate Capital Limited (Blue Gate) has appointed insolvency practitioners to conduct the liquidation of the firm. We publicly censured Blue Gate in December 2020 and ordered it to pay £203,007 in restitution to investors who lost money investing in the Connaught Income Fund, Series 1. Details of this action can be found on our website. Blue Gate had until 8 January 2021 to pay the restitution to us for onward distribution to investors. We subsequently issued a statutory demand for payment. B...

To print this article, all you need is to be registered or login on Mondaq.com. The U.S. Bankruptcy Court for the S.D.N.Y. provided clarity in the Fairfield Sentry litigation on the implication of Sections 546(e) and 561(d), U.S. bankruptcy safe harbor laws, on foreign claw-back claims. Judge Stuart M. Bernstein - who retired on September 30, 2020 but is currently serving on recall through early next year - authored the opinion. In effect, Judge Bernstein decided that Bankruptcy Code Section 546(e) - the "safe harbor" - barred BVI statutory avoidance claims being pursu...

Norwegian Air Resources UK Limited entered creditors voluntary liquidation on 29 January 2021. David Pike, Mike Pink and Stuart Irwin of KPMG LLP have been appointed Joint Liquidators of Norwegian Air Resources UK Limited. If you’ve been dismissed If you’ve been dismissed, you may be entitled to redundancy and other related payments from the Insolvency Service. Who is eligible If you worked for Norwegian Air Resources UK Limited under an employment contract, you are eligible to apply for redundancy and other payments. You cannot apply until after you have been dismissed. Workers and self-...