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A service for global professionals · Tuesday, April 13, 2021 · 538,547,367 Articles · 3+ Million Readers
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Bankruptcy Act News Monitoring

  • Published on Apr 6, 2021

    New staff contracts draw THAI labour union's ire

    The Thai Airways International Plc (THAI) labour union is seeking clarification on whether the airline complied with its debt-restructuring plan by changing the terms of employment of its staff. The union has targeted Chansin Treenuchagron, the airline…

    Source: Bangkok Post - Neutral
  • Published on Dec 15, 2020

    SEC receiver sues Platinum Partners founder Mark Nordlicht in $220M bankruptcy action

    An SEC receiver appointed to preserve assets of the defunct Platinum Partners funds claims that the manager, Mark Nordlicht, of New Rochelle, owes the funds $220 million. Melanie L. Cyganowski sued Nordlicht Dec. 7 in U.S. Bankruptcy Court, White Plains, …

    Source: Fairfield County Business Journal - Connecticut - Neutral
  • Published on Jul 27, 2020

    Swimco to cut five stores, downsize headquarters under Bankruptcy Act creditor proposal

    Canadian swimwear brand Swimco Group is seeking creditor protection, citing impacts from the COVID-19 pandemic. The company filed a notice in June that it intended to make a proposal under the Bankruptcy and Insolvency Act, according to legal documents …

    Source: Global News - Neutral
  • Published on Jul 27, 2020

    Swimco to cut five stores under Bankruptcy Act creditor proposal

    CALGARY — Canadian swimwear brand Swimco Group is seeking creditor protection, citing impacts from the COVID-19 pandemic. The company filed a notice in June that it intended to make a proposal under the Bankruptcy and Insolvency Act, according to legal …

    Source: 680News - Neutral
  • Published on Mar 12, 2021

    Questions for Joe Biden: There's still so much we don't know

    When Joe Biden finally gets around to holding the first news conference of his presidency — he told reporters on Thursday that he would take their questions "in the next couple days" — the White House press corps will almost inevitably blow it. …

    Source: Salon - Left-wing
  • Published on Mar 10, 2021

    Mays Landing Country Club operators seek to reorganize finances

    CAMDEN - The operators of an Atlantic County golf course have filed to reorganize their finances under bankruptcy court protection. Two firms with common ownership at Mays Landing Country Club cite combined debts of more than $3.7 million in filings in U.S …

    Source: Courier-Post - New Jersey - Neutral
  • Published on Mar 3, 2021

    Streaming TV company MobiTV reports net loss of $34M, files for Chapter 11 bankruptcy

    By Brian Rinker  –  Staff Reporter, San Francisco Business Times Mar 2, 2021 Updated Mar 2, 2021, 5:49pm PST Television streaming company MobiTV, based in Emeryville, filed for Chapter 11 bankruptcy reorganization Monday on the heels of huge financial loss …

    Source: Bizjournals - Neutral
  • Published on Feb 27, 2021

    Couple in 80s have bankruptcy extended by five years

    A couple in their eighties have had their bankruptcy extended by five years over failure to co-operate with the trustee administering their bankruptcy. Mr Justice Richard Humphreys extended to November 5th, 2025 the bankruptcy of Michael Grimes, an …

    Source: The Irish Times - Neutral
  • Published on Feb 25, 2021

    Council to call on Premier Ford to step up to help Laurentian

    "This is on our radar and we want the government to help fix this" says Coun. René Lapierre The city of Greater Sudbury is going to bat for its university as it will call on the province to make funding available to help stabilize Laurentian …

    Source: Sudbury.com - Neutral
  • Published on Nov 7, 2019

    Matt Kempner: Georgia farm troubles lead to spike in bankruptcy action

    The number of Georgia farm bankruptcies has surged in recent months to among the highest in the nation, as growers grappled with poor prices, burdensome tariffs and lingering effects from brutal weather. But the level is still lower than it was in some …

    Source: Arizona Daily Star - Neutral
  • Published on Oct 18, 2019

    Firm files bankruptcy action against AITEO

    The firm stance of the Federal Government vowing not to review border closure has shown that Nigeria’s quest to achieving self-sufficiency in food production is gradually yielding fruit. Taiwo Hassan writes     The recent report by Africa Rice Center that …

    Source: New Telegraph - Neutral
  • Published on Apr 15, 2019

    Money laundering law prevails over Bankruptcy Act, insolvency code: HC

    The court passed the verdict on a batch of appeals by the Enforcement Directorate (ED) against the orders of PMLA appellate tribunal on the pleas of various banks. The Delhi High Court has held that the money laundering law, PMLA, prevails over the …

    Source: The Indian Express - Neutral
  • Published on Apr 14, 2019

    Money laundering law prevails over Bankruptcy Act, insolvency code: Delhi High Court

    The Delhi High Court has held that the money laundering law, PMLA, prevails over the Bankruptcy Act and insolvency code when it comes to attachment of properties obtained as "proceeds of crime". The court said the Prevention of Money Laundering …

    Source: Economic Times - Uncategorized
  • Published on Apr 4, 2019

    Only one retrospective change to Bankruptcy Act, says law minister

    Minister in the Prime Minister's Department Datuk Liew Vui Keong is pictured at Parliament April 4, 2019. — Picture by Yusof Mat IsaKUALA LUMPUR, April 4 — The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy …

    Source: Malay Mail - Neutral
  • Published on Apr 4, 2019

    Govt does not intend to amend Bankruptcy Act

    KUALA LUMPUR: The government has no intention to amend the provisions under Section 60 (1) of the Bankruptcy Act (Amendment) 2017 (Act 1534). Minister in the Prime Minister’s Department Datuk Liew Vui Keong (pix) said there are still provisions which can …

    Source: The Sun Daily - Neutral
  • Published on Feb 7, 2019

    BB for amending Bankruptcy Act - Back Page - observerbd.com

    A meeting of the representatives of banks and other bodies concerned at Bangladesh Bank on Wednesday discussed the obstacles to recovering default loans of banks - both public and private -- and weighed potential moves how to overcome the obstacles.   …

    Source: Banagladesh Sun - Neutral
  • Published on Feb 5, 2019

    BB moves to amend bankruptcy act

    The central bank will hold a meeting today to amend the Bankruptcy Act, 1997 with the view to handing out exemplary punishment to habitual defaulters. The meeting, which will explore all legal options, will involve the managing directors of banks, Law …

    Source: Daily Star - Neutral
  • Published on Feb 28, 2019

    Former Tenampa Restaurant cook seeks backpay in bankruptcy action

    For five years, Leonor Toledo has been trying to get her former employer to pay unpaid wages she claims she was denied. Toledo worked for nearly seven years at Tenampa Restaurant, Croton-on-Hudson, cooking, cleaning and washing dishes. She says she worked …

    Source: Fairfield County Business Journal - Connecticut - Neutral
  • Published on Jan 5, 2021

    Patriotic Author Has Sound Plan to Stop Foreclosures on Farmers

    By Mark Anderson Wisconsin resident Conrad LeBeau is an author and activist whose father, a dairy farmer, taught him about the predatory banking system at a young age, which planted deep seeds for his quest today to help the nation’s farmers—and, by …

    Source: American Free Press - Right-wing
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