Saks Global Unsecured Creditors Committee Comes Together
Through Saks Global’s year of turmoil, many vendors struggled to be heard — especially smaller designers trying to hold on to a must-have account and get their money back. Although the…
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creditors
Former Cathay cinema operator mm2 gets lifeline after High Court shields it from creditors for 4 months
The company will need to devote its “somewhat finite bandwidth” to restructuring in the coming weeks Former Cathay Cineplexes operator mm2 Asia has been given a lifeline after the High…
Cathay Cineplexes ceases operations as talks with creditors fall through
Struggling cinema chain Cathay Cineplexes has ceased operations as of Monday (Sep 1), shortly after its voluntary liquidation was announced earlier in the day. The cinema chain, which owes…
The Projector owes S$1.2 million to creditors; meeting set for Aug 29
Creditors include unused ticket holders, owed some S$14,300, and the Composers & Authors Society of Singapore, owed about S$17,733 The company behind embattled cinema chain The Projector…
The Projector owes S$1.2 million to creditors; Golden Mile cinema put up for rent
The company behind embattled cinema chain The Projector owes creditors S$1.2 million, including close to S$90,000 to almost 2,300 of its members, The Business Times has learnt. In an…
Dr. Phil Fires Back at His Bankrupt Company’s Creditors, Accusing TBN and PBR of ‘Inflammatory and Damaging’ Attacks Aimed at Depressing Value of Merit Street
Dr. Phil says two creditors of his bankrupt company Merit Street Media — Christian broadcaster Trinity Broadcasting Network and Professional Bull Riders — are trying to smear him in…
Professional Bull Riders Accuses Dr. Phil of ‘Orchestrating’ Merit Street Bankruptcy and Forming New Company to Avoid Paying Creditors
Professional Bull Riders wants to know whether Dr. Phil led his Merit Street Media to file for bankruptcy in a “bad faith” move — while shifting assets into a newly created company, Envoy…
Logan Group says creditors holding 66% debt have agreed to overhaul plan
DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an agreement in support of its restructuring plan, a…
Thames Water seeks £3 billion from creditors on urgent cash needs
THAMES Water Utilities seeks to raise up to £3 billion (S$5.1 billion) from its creditors to buy the company more time to avoid going into special administration early next year, showed a…
Creditors delayed resolution process for Jet Airways: Winning bidder to SC
3 min read Last Updated : Oct 15 2024 | 9:23 PM IST Jalan Kalrock Consortium (JKC), which was handed over the grounded air carrier Jet Airways, on Tuesday informed the Supreme Court that…
OK Lim has accepted judgement debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcy EMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil tycoon better…
IBBI amends rules to enhance creditor representation in insolvency process
The Insolvency and Bankruptcy Board of India (IBBI) is a statutory body functioning under the corporate affairs ministry. Illustration 2 min read Last Updated : Sep 26 2024 | 11:16 PM IST…