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Victorian building company Watersun Homes goes into voluntary administration
The insolvency firm said 90 full-time staff at the company had been told they had lost their jobs, and 300 building projects across the state were now in limbo. Sarah Sims and her husband signed a cont.
Emas Chiyoda Subsea files for bankruptcy
Emas Chiyoda Subsea (ECS) has filed a voluntary petition for bankruptcy in the United States Bankruptcy Court in Houston, Texas, bringing an end to the ill-fated joint venture between Singapore's Ezra Holdings and Japanese companies.
The Fiscal Times
FACTBOX-How Peabody Energy plans to pay big bankruptcy exit bonuses
Name Title Peabody's Shareholders' estimate estimate Glenn Kellow President $15 mln $43.5 mln and CEO Charles Meintjes President, $5 mln $14.5 mln Australia Kemal Williamson President, $5 mln $14.5.
Rig firm Seadrill says may file for Chapter 11 bankruptcy
OL>, battling with $14 billion in debt and liabilities, said on Tuesday it may have to file for Chapter 11 bankruptcy protection if it fails to reach a restructuring agreement with its lenders. Once the crown jewel in the empire of .
Coal revival means big stock bonuses at bankrupt Peabody
Now, CEO Glenn Kellow and other top executives stand to reap tens of millions of dollars in stock bonuses under Peabody's bankruptcy exit plan, which sets aside 10 percent of newly minted shares for employees. The executiv.
Stone Energy closes sale, emerging from bankruptcy
Kallanish Energy (subscription)
15, 2017, by the U.S. Bankruptcy Court for the Southern District of Texas. The company currently expects the plan to become effective today, at which point Stone and its debtor affiliates will emerge from bankruptcy. .
Jamieson Louttit & Associates are a boutique insolvency practice based in the Sydney CBD. We work with a variety of corporate clients including private equity firms, listed and unlisted companies, first and second tier financiers and wealthy individuals.
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