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ELCOTEQ SE: Elcoteq Network SA files for bankruptcy - parent to continue..
Elcoteq SE's subsidiary, Elcoteq Network SA,which has been in charge ofthe group's material purchases and customer invoicing in Europe, has today filed for bankruptcy. Elcoteq Network SA's payment transactions have been blocked as a consequence of the
Updated: 09/20/2011 12:38P
Last emails from Bob Ward's wife revealed
Diane Ward's last phone calls and emails were highlighted Tuesday on Day 4 of her husband, Isleworth millionaire Bob Ward's murder trial. The latest evidence revealed Diane Ward had just joined Facebook, and said she was
Updated: 09/20/2011 12:37P
Air India begging for survival, says Ravi
Prime Minister Manmohan Singh has told me to appoint members from the open market and most of them have been filled now: HR, finance, marketing and commercial and also certain propositions. So, the team has come. Now, we are looking at the process,
Updated: 09/20/2011 12:35P
Insolvency anti-deprivation rule – recent decision may impact many commercial
The anti-deprivation rule is a common law rule that was developed 200 years ago. Its purpose is to prevent assets that would otherwise be available to a trustee in bankruptcy or liquidator from being excluded from the bankruptcy or liquidation.
Updated: 09/20/2011 12:29P
Simulations Plus submits bid to buy bankrupt developer Entelos
Simulations Plus (NASDAQ:SLP) announced Tuesday it has submitted a bid to purchase substantially all of the assets of the Entelos, as part of that company's Chapter 11 bankruptcy proceedings. At the end of July 2011, Entelos, a biosimulation software
Updated: 09/20/2011 12:28P
GOP Congressman Demands Independent Investigation Of Solyndra Loan
But before laying off 1100 workers and and filing for Chapter 11 bankruptcy earlier in September, potentially leaving taxpayers on the hook for more than a half-billion dollars. Solyndra executives Brian Harrison and WG Stover Jr. are expected to
Updated: 09/20/2011 12:27P
Saab contests bankruptcy filings by unions
Stockholm - Ailing Swedish carmaker Saab Tuesday said it disputed bankruptcy filings made last week by two unions, arguing it was, instead, only undergoing 'temporary liquidity problems.' The carmaker and a subsidiary mentioned in the petitions were
Updated: 09/20/2011 12:22P
Court Upholds Discharge of Lawyer's Debt to Receiver
The bankruptcy court granted summary judgment for the Shermans, finding as a matter of law that the SEC's disgorgement order did not arise from a violation of securities laws and that “[s]ection 523(a)(19) was intended to apply to 'wrongdoers' and not
Updated: 09/20/2011 12:15P
Elcoteq Network SA Files For Bankruptcy
(RTTNews) - Elcoteq SE announced that its subsidiary, Elcoteq Network SA, filed for bankruptcy. Elcoteq noted that Elcoteq Network SA's payment transactions have been blocked as a consequence of the revolving credit facility lenders' continued
Updated: 09/20/2011 12:14P
Ward Murder Trial Testimony Turns To Money
The bankruptcy attorney representing Ward's many creditors said he planned to depose Diane Ward at length three days after her death. Ward's business, Land Resources Inc., was being liquidated, and millions of dollars in assets were seized to pay off
Updated: 09/20/2011 12:08P
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