INSOLVENCY International

  http://economictimes.indiatimes.com/news/international-business/air-arabia-raises-350-million-loan-to-fund-aircraft-buys/articleshow/20166297.cms Air Arabia raises $350 million loan to fund aircraft buys By Reuters | 21 May, 2013 DUBAI: Budget airline Air Arabia , the only publicly-listed carrier in the United Arab Emirates, signed a $350 million loan to finance its purchase of 10 new Airbus A320 aircraft, the airline said in a statement on… Continue Reading

https://jade.barnet.com.au/Jade.html#article=295462 FEDERAL COURT OF AUSTRALIA In the matter of Harrisons Pharmacy Pty Limited (Administrators Appointed) (Receivers and Managers Appointed) [2013] FCA 458 Citation:In the matter of Harrisons Pharmacy Pty Limited (Administrators Appointed) (Receivers And Managers Appointed) [2013] FCA 458 Parties:ROBERT BOYCE MOODIE AND GEOFFREY PHILLIP REIDY IN THEIR CAPACITY AS JOINT AND SEVERAL ADMINISTRATORS OF… Continue Reading

http://allafrica.com/stories/201305210073.html Africa: SA-DRC Pact Paves Way for Grand Inga 20 May 2013 With South Africa confirmed as a key partner, the Democratic Republic of Congo (DRC) has announced October 2015 as the launch date for construction of the first phase of what could eventually be the largest hydroelectric plant in the world. The Grand Inga… Continue Reading

http://online.wsj.com/article/SB10001424127887324787004578495992774200844.html?mod=pls_whats_news_us_business_f Cosco Pacific to Sell Container Company Stake May 20, 2013 BY JOANNE CHIU HONG KONG-Shipping giant China Cosco Holdings Ltd. is progressing with efforts to return to profitability this year, with plans announced Monday for its port unit to sell assets in a deal worth $1.22 billion. China Cosco’s 43%-owned Cosco Pacific Ltd. said… Continue Reading

http://online.wsj.com/article/SB10001424127887324767004578488861272475972.html?mod=pls_whats_news_us_business_f How to Cut a Job in Italy? Wait, and Wait Some More May 20, 2013   BY DEBORAH BALL AND JAMES R. HAGERTY It took Whirlpool Corp. eight months to close its 1,000-person factory in Fort Smith, Arkansas, last year amid falling sales. In Italy, the world’s biggest appliance maker has been trying for… Continue Reading

http://www.foreignminister.gov.au/releases/2013/bc_mr_130520.html Dubai court decision Media release 20 May 2013 Foreign Minister Bob Carr today said Mr Matthew Joyce would continue to receive full consular support following the guilty verdict in the Dubai court today and throughout his pending appeal. It is understood Mr Joyce will appeal the Dubai court’s decision. Senator Carr said he had… Continue Reading

http://minister.ret.gov.au/mediacentre/mediareleases/pages/accuracy-for-gps.aspx Sub-millimetre accuracy for global positioning 20 May 2013 Joint media release THE HON GARY GRAY Minister for Resources and Energy Minister for Small Business Minister for Tourism SENATOR THE HON DON FARRELL Minister for Science and Research Minister Assisting for Tourism A new antenna calibration facility will significantly improve the accuracy of satellite positioning… Continue Reading

http://www.lexisnexis.com/community/bankruptcylaw/blogs/mealeys/archive/2013/05/20/specialty-products-judge-pegs-1-1b-for-asbestos-liability.aspx 05/20/2013 05:50:22 PM EST Specialty Products Judge Pegs $1.1B For Asbestos Liability Posted by Law360: Bankruptcy A bankruptcy judge on Monday estimated Specialty Products Holding Corp.’s current and future liability for asbestos-related mesothelioma claims at $1.1 billion, a valuation that tops the debtors’ various projections by hundreds of millions of dollars. Read More.…”

http://www.news.com.au/travel/australia/taronga-western-plains-zoo-welcome-week-old-white-rhino/story-e6frfq89-1226647555630?from=public_rss Taronga Western Plains Zoo welcome week-old white rhino May 21, 2013 WITH a nub of a nose, wrinkled skin and grey complexion, you’d think only a mother could love this face. But staff have fallen for the newest addition to the Taronga Western Plains Zoo in NSW, and they’re expecting a spike in visitors… Continue Reading

http://www.mcall.com/entertainment/zap-sinbad-bankrupt-and-owes-8-million-to-the-irs-20130520,0,7178629.story?track=rss Sinbad bankrupt and owes $8 million to the IRS By Terri Schwartz Zap2it 7:32 p.m. EDT, May 20, 2013 Not only has Sinbad gone bankrupt, but he’s also facing a whole lot of debt. The comedian filed for Chapter 13 in April and claims he owes $8.3 million to the IRS for taxes from… Continue Reading