Latest Insolvency News

The Sub-Contractor Scam: ‘Certified Fraud’ – Sourceable - February 14, 2017

Sourceable The Sub-Contractor Scam: 'Certified Fraud' Sourceable It left 1,350 trade sub-contractors and suppliers across Australia owed $300 million (the Creditors' Report listed $90 Million) – 600 of these in Queensland. This 'insolvency' is not significant for its size .

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Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power – ExtremeTech - February 14, 2017

ExtremeTech Toshiba facing bankruptcy, total disintegration thanks to bad bets on nuclear power ExtremeTech We've known for weeks that Toshiba was in rough shape and seeking to raise additional revenue through a potential partial sale to Western Digital, but events on Tuesday pushed the company.

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MC Sports files bankruptcy – LaSalle News Tribune - February 14, 2017

Fox17 MC Sports files bankruptcy LaSalle News Tribune GRAND RAPIDS, Michigan — MC Sports, which operates a retail sporting goods store in Peru, announced Tuesday it is seeking to restructure its debts under Chapter 11 of the U.S. Bankruptcy Code. Bruce Ullery, MC Sports president and CEO, said in .

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Energy Future begins bankruptcy exit hearing with key deal – Yahoo Finance - February 14, 2017

Energy Future begins bankruptcy exit hearing with key deal Yahoo Finance Energy Future Holdings Corp outlined on Tuesday a deal that resolved the biggest disputes hanging over the company as it opened a trial to confirm its plan to ... and more ».

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Energy Future begins bankruptcy exit hearing with key deal | Reuters – Reuters - February 14, 2017

Energy Future begins bankruptcy exit hearing with key deal | Reuters Reuters Energy Future Holdings Corp outlined on Tuesday a deal that resolved the biggest disputes hanging over the company as it opened a trial to confirm its plan to ... and more ».

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Energy Future begins bankruptcy exit hearing with key deal – Reuters - February 14, 2017

Energy Future begins bankruptcy exit hearing with key deal Reuters Energy Future Holdings Corp outlined on Tuesday a deal that resolved the biggest disputes hanging over the company as it opened a trial to confirm its plan to exit bankruptcy and be acquired by NextEra Energy Inc for about $18 billio.

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