The garden- and thermally-modified timber producer Menz Holz filed a voluntary application for institution of insolvency proceedings on 6 July at the Fulda district court in Germany. The court appointed lawyer Dr. Jan Markus Plathner from ...
Tags: garden-wood products, Menz Holz, insolvency proceedings
Arktos Group decided to file for bankruptcy during an extraordinary shareholders' meeting on 24 January. The lawyer Veikko Almgren was appointed to represent Arktos. Production in Kemijärvi was halted and the work force of roughly 86 ...
Tags: finnish, Arktos Group, bankruptcy, financial problems
The Spanish laminate-flooring manufacturer Industrias Auxiliares Faus and associate company Andrés Faus filed for bankruptcy on 24 February 2012 at the commercial court in Valencia. The Valencia lawyer Vicente Rodriguez Esparza was ...
Tags: Spanish, laminate-flooring, Auxiliares Faus, bankruptcy
The Spanish parquet manufacturer Maderas Iglesias, which had only in May 2011 successfully concluded a three-month provisional insolvency process („Preconcurso de acreedores"), was forced after all to file for bankruptcy ...
Tags: Spanish, parquet, Maderas Iglesias, bankruptcy
Apple has agreed to pay$60 million for ownership of the iPad trademark in China,as part of a settlement with a little-known Chinese firm called Proview that had tried to ban sales of the tablet in the country,according to a local court. ...
Tags: Apple, Ipad Trademark, China, Guangdong Province Higher People's Court
The Post Office has launched an external review into the Horizon computer system at the centre of its legal dispute with sub-postmasters. Some sub-postmasters blame the Horizon system for what they claim are false accusations made against ...
Tags: Post Office, external review, Horizon computer system, legal dispute
FitzLORD Inc, a Jacksonville company that operates under the name Vulcan Steel, filed a Chapter 11 bankruptcy petition last month after American Express cut off its credit line, according to court documents. The documents filed in US ...
Tags: steel, Vulcan Steel, erects steel, steel industry
Grey Mountain Partners has acquired the assets of North American Specialty Glass out of Chapter 7 bankruptcy. Headquartered in Trumbauersville, Pa., NASG is a producer of safety and security glass, specializing in high-performance ...
Tags: Grey Mountain Partners, American, glass, polycarbonate laminate
The U.S.Court of Appeals of the Fifth Circuit has granted Mexico a motion for leave to file a late Amicus Curiae brief in the Vitro S.A.B.bankruptcy appeal case.Mexican officials filed the motion for leave and Amicus Curiae Monday in the ...
Tags: U.S.Court, Mexico, the Fifth Circuit, Vitro S.A.B.bankruptcy
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
The union representing Hostess Brands workers has insisted the US bakery group is "falsely claiming" the closure of three bakeries was the result of strike action. Hostess has been trying to force through cuts to pay and conditions and ...
Tags: Hostess Brands, bakeries, strike action, bakery group
US poultry producer Pilgrim's Pride has reported its third consecutive quarterly profit, with the bottom line boosted by restructuring initiatives. The company said its earnings rose to US$42.9m in the July-to-September quarter, ...
US baker Hostess Brands has indicated it will liquidate the company tomorrow (15 November) if striking employees fail to return to work this evening. The group, which manufactures brands including Nature's Pride and Wonder Bread, said it ...
Tags: Hostess Brands, strike, financial resource, food industry
The US Department of Treasury is likely to sell the remaining nearly 234.2 million shares of American International Group(AIG)common stock,in a public offering,marking end of government ownership of the company. Following the completion ...
Tags: AIG, government, common stock, financial crisis
Micron also provides certain financing support for Elpida capital expenditures US based semiconductor firm Micron Technology has signed an agreement to acquire bankrupt Japanese chip maker Elpida Memory for $2.5bn, to expand its position ...
Tags: Micron, financing support, Elpida, semiconductor