Liquidation

George Lucas and Mellody Hobson look to control Ebony, Jet photos - Crain's Chicago Business

04/30/19

George Lucas and Mellody Hobson look to control Ebony, Jet photos  Crain's Chicago Business

Billionaire power couple Mellody Hobson and George Lucas are helping smooth the way for a transfer of the historic collection.

[more]

UPDATE 1-S. Africa's Steinhoff cuts value of goodwill assets in 2017 accounts - Reuters

04/30/19

UPDATE 1-S. Africa's Steinhoff cuts value of goodwill assets in 2017 accounts  Reuters

(Adds background, quote). JOHANNESBURG, April 30 (Reuters) - South African retailer Steinhoff said on Tuesday it had reduced the value of goodwill and ...

[more]

Trump Picks Current Members to Stay on Puerto Rico Oversight Board - Bloomberg Law

04/30/19

Trump Picks Current Members to Stay on Puerto Rico Oversight Board  Bloomberg Law

President Donald Trump has nominated seven members currently on the board created to oversee Puerto Rico's financial recovery to continue serving their ...

[more]

TINA.org Report: Over 100 LuLaRoe Distributors Have Filed for Bankruptcy - GlobeNewswire

04/30/19

TINA.org Report: Over 100 LuLaRoe Distributors Have Filed for Bankruptcy  GlobeNewswire

MADISON, CONN., April 30, 2019 (GLOBE NEWSWIRE) -- LuLaRoe (LLR) distributors are more likely to end up bankrupt than to reach the highest tier in the ...

[more]

Bulgarian government hands 7.5M leva to University of National and World Economy after warning of bankruptcy - The Sofia Globe

04/30/19

Bulgarian government hands 7.5M leva to University of National and World Economy after warning of bankruptcy  The Sofia Globe

Bulgarian Prime Minister Boiko Borissov's Cabinet agreed on April 30 to approve a transfer of 7.5 million leva (about 3.75 million euro) to the University of ...

[more]

Taylor Gourmet is coming back under new ownership - Washington Business Journal

04/30/19

Taylor Gourmet is coming back under new ownership  Washington Business Journal

You may see as many as five locations reopen this summer.

[more]

GE burns through $1.2 billion but Wall Street is happy it wasn't worse - CNN

04/30/19

GE burns through $1.2 billion but Wall Street is happy it wasn't worse  CNN

New York (CNN Business) General Electric has fallen so hard that Wall Street is relieved its industrial businesses only burned $1.2 billion of cash during the first ...

[more]

NCLAT permits RCom’s plea to readmit insolvency proceedings - BusinessLine

04/30/19

NCLAT permits RCom’s plea to readmit insolvency proceedings  BusinessLine

The National Company Law Appellate Tribunal (NCLAT) on Tuesday permitted a plea by Reliance Communications (RCom) to readmitinsolvency proceedings ...

[more]

NCLAT permits RCom plea to continue insolvency proceedings - BusinessLine

04/30/19

NCLAT permits RCom plea to continue insolvency proceedings  BusinessLine

Beleaguered telecom operator Reliance Communications' (RCom) Insolvency and Bankruptcy (IBC) proceedings are back on track, with the National Company ...

[more]

Bankruptcies - Business West

04/30/19

Bankruptcies  Business West

The following bankruptcy petitions were recently filed in U.S. Bankruptcy Court. Readers should confirm all information with the court. Askins, Joanne M.

[more]