Australia

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THE INTERNATIONAL SCENE: Australian Insolvency Law Reform Proposals - Naomi Moore and Jeffery Black

(Australia, Oceania) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Australia,Oceania ...

Resource Article - global.abi.org - 04/21/2010 - 14:10 - 0 comments - 1 attachment

THE INTERNATIONAL SCENE: Shareholder Damage Claims: Diverse Treatment in Australian and U.S. Insolvency Cases - Joseph Samet and Ira A. Reid

(Australia, Oceania) bankruptcy,insolvency,headlines,articles,legislatives,debt,resources,insol,Australia,Oceania ...

Resource Article - global.abi.org - 04/21/2010 - 12:23 - 0 comments - 1 attachment

Power Players May Face Legal Action Over Jackgreen

Integral Energy and the Australian Energy Market Operator could face legal action over their role in the collapse of the renewable energy company Jackgreen, The Sydney Morning Herald reported. Jackgreen, which was Australia's largest specialist ...

Daily Headline - global.abi.org - 04/19/2010 - 10:35 - 0 comments

Flaherty Tightens Rules On Cards, Insurance

Some banking industry representatives jokingly call him "the wannabe Minister of Consumer Affairs." But while Finance Minister Jim Flaherty is taking steps to protect bank customers in Canada, he's also fighting the banking sector's b ...

Daily Headline - global.abi.org - 04/15/2010 - 10:22 - 0 comments

Criminal Charges Laid Against Lombard Directors

Criminal charges have been laid against Lombard Finance & Investments directors Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant, The National Business Review reported. The Securities Commission has confirmed the criminal ...

Daily Headline - global.abi.org - 04/15/2010 - 10:21 - 0 comments

Forest Enters Voluntary Administration

Forest Enterprises Australia Ltd (FEA) has entered voluntary administration, with the troubled timber plantations operator bemoaning a supposed lack of patience among its bankers, The Sydney Morning Herald reported on an Australian Associated Press s ...

Daily Headline - global.abi.org - 04/14/2010 - 09:20 - 0 comments

Entellect Subsidiary Placed Into Voluntary Administration

Entellect Solutions’ plans to become a major player in the education software sector has suffered a set back, with wholly owned subsidiary MXL Consolidated being placed into voluntary administration, Computerworld Australia reported. The deal is a ma ...

Daily Headline - global.abi.org - 04/09/2010 - 10:20 - 0 comments

'King Of Bankruptcy' Takes 21% Stake In Virgin Money

Wilbur Ross, the billionaire US turnaround specialist, has bought a 21 per cent stake in Sir Richard Branson's Virgin Money for £100 million as the group prepares to make a major assault on the UK banking market, The Scotsman reported. Ross, nic ...

Daily Headline - global.abi.org - 04/21/2010 - 17:07 - 0 comments

Lehman Australia Stays In Liquidation After High Court Ruling

Lehman Brothers Australia Ltd. will remain in liquidation after the High Court of Australia ruled Tuesday against an arrangement that would have left creditors with small recoveries on complex structured debt products and also would have also prevented c ...

Daily Headline - global.abi.org - 03/31/2010 - 08:11 - 0 comments

Ksubi Completes Restructure Following Voluntary Administration

The Australian company behind denim fashion label ksubi has restructured the business after a period of voluntary administration, CBC News’ Trading Room reported. ksubi Pty Ltd said on Friday the company was now controlled by a consortium of industry ...

Daily Headline - global.abi.org - 03/29/2010 - 07:20 - 0 comments

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