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Tag: insolvency
UK consulting on insolvency protection for suppliers
2018-03-22 15:15:00| Daily apparel & textile news and comment - from just-style.com
The UK Government is consulting on a set of reforms that will give greater protection to staff and small suppliers of insolvent businesses under new plans to crack down on directors and employers behaving irresponsibly.
Tags: protection
consulting
suppliers
insolvency
Indian operator Aircel files for insolvency
2018-02-28 17:01:00| Telecompaper Headlines
(Telecompaper) The Indian mobile operator Aircel has filed for bankruptcy after failing to reach a deal on restructuring its debt with its lenders and main shareholder, Malaysian operator Maxis. The insolvency proceedings cover the companies Aircel, Aircel Cellular and Dishnet Wireless.
Tags: files
indian
operator
insolvency
RCom creditors oppose insolvency petition
2017-11-30 01:00:00| Total Telecom industry news
Reliance Communications on Thursday said that most of its creditors do not support an insolvency petition filed by China Development Bank (CDB). The Economic Times reported earlier this week that CBD filed the petition at India's National Company Law Tribunal (NCLT) on 24 November in a bid to recover $1…read more on TotalTele.com »
Tags: petition
oppose
creditors
insolvency
RCom risks insolvency after debt default
2017-11-20 01:00:00| Total Telecom industry news
RCom is facing the possibility of going through an insolvency process, having defaulted on debt repayments last week, according to the bond trading firm SC Lowy Financial HK. An analyst at the company told Bloomberg that the valuations RCom has placed on its assets are "…read more on TotalTele.com »
Tags: default
debt
risks
insolvency
Reliance to fight Ericsson insolvency filing
2017-09-14 02:00:00| Total Telecom industry news
Reliance Communications on Wednesday confirmed that Ericsson has filed an insolvency case against it and two of its subsidiaries in a bid to recover debts totalling 11…read more on TotalTele.com »
Tags: filing
fight
ericsson
reliance