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Corinthian’s Canadian Subsidiary Files for Bankruptcy

The Canadian subsidiary of embattled for-profit education company Corinthian Colleges Inc. has filed for bankruptcy under Canada’s insolvency law after an Ontario education regulator took action against the company’s 14 Canadian campuses, The Wall Stre ...

Daily Headline - global.abi.org - 02/23/2015 - 21:25 - 0 comments

Laricina Energy Shuts Down Oilsands Project To Save Cash

Cash-strapped private oilsands producer Laricina Energy Ltd. is shutting down its Germain commercial demonstration project and will halt planning on its joint-venture Saleski project as its fruitless search for investment dollars enters its fourth month, ...

Daily Headline - global.abi.org - 02/23/2015 - 21:30 - 0 comments

KPMG's Insurance Group - Recent Publications - January 2015

At KPMG, we are dedicated to providing our clients with insights on today’s critical business issues. To help keep you up to date, we’re pleased to share with you recent studies, white papers, articles, and multimedia content published by KPMG. Rea ...

Resource Article - twallace@abiwor... - 02/18/2015 - 12:45 - 0 comments - 0 attachments

KPMG's Financial Services M&A Digest - January

A year ago, KPMG’s Global Deal Advisory practice made 10 predictions around how mergers and acquisitions (“M&A”) would impact the insurance sector. The time has now come to revisit these and how they have turned out – read more here . Pleasingly, man ...

Resource Article - twallace@abiwor... - 02/18/2015 - 12:44 - 0 comments - 0 attachments

Guide to annual financial statements – Illustrative disclosures for investment funds

Our Guide to annual financial statements – Illustrative disclosures for investment funds helps you to prepare your financial statements in accordance with IFRS, illustrating one possible format for financial statements based on a fictitious investment fu ...

Resource Article - twallace@abiwor... - 02/18/2015 - 12:31 - 0 comments - 0 attachments

New edition of Frontiers in Finance now available

Navigating change and transformation Substantial progress has been made in stabilizing the financial sector since the crisis six years ago. Yet a great deal remains to be done. The focus of this issue of Frontiers in Finance is navigating change ...

Resource Article - twallace@abiwor... - 02/18/2015 - 12:17 - 0 comments - 0 attachments

Struggling Mobilicity Buying Time With Spectrum Bid

Struggling telecom startup Mobilicity has filed an application to participate in the upcoming federal spectrum auction, but the company’s precarious financial condition could preclude it from facing off with rival Wind Mobile Corp. for the coveted licenc ...

Daily Headline - global.abi.org - 02/11/2015 - 22:46 - 0 comments

Target Canada Reaches Deal With Landlords To Sell Store Leases

Target Canada has reached an agreement with its landlords on the sale of leases for the closing of Target retail stores, CBC.ca reported. Documents filed with an Ontario court say both sides have agreed to a court-appointed monitor to supervise the sale, ...

Daily Headline - global.abi.org - 02/10/2015 - 22:44 - 0 comments

Palliser Oil To File For Creditor Protection Amid $40 Million Debt Pile

Palliser Oil & Gas is seeking creditor protection under the CCAA act, it said yesterday, as the junior oil and gas company failed to repay its oustanding debts. The company, in a statement released after market close Monday, said its board has determ ...

Daily Headline - global.abi.org - 02/10/2015 - 22:50 - 0 comments

Valeant To Buy Bankrupt Vaccine Maker Dendreon

Valeant Pharmaceuticals International Inc will scoop up bankrupt cancer vaccine maker Dendreon Corp, after no additional qualified bids came forward by Tuesday's deadline, Valeant said. A potential buyer dropped from the bidding process, three sourc ...

Daily Headline - global.abi.org - 02/10/2015 - 22:51 - 0 comments

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