approval from the Court - News Updates

Struggling with its huge debt and waiting resolution to the Chapter 11 filing, US-based communication technology firm Avaya is looking to find a viable path to exit Chapter 11 which it filed over six month ago. (Photo/wikimedia.org)

Avaya announces plan support agreement, seeks to exit Chapter 11

Company informed that it has entered into a plan support agreement (PSA) with holders of over 50% of its first lien debt including certain members of the ad hoc group of first lien creditors. The first lien debt holders receive payment before all other debt holders, and have the legal right to seize property from a borrower
CoreLogic to buy remaining 72% shares of Symbility Solutions

CoreLogic to buy remaining 72% shares of Symbility Solutions

Proptech firm CoreLogic has entered into a definitive agreement to acquire the outstanding shares of Symbililty Solutions Inc. not already owned by CoreLogic.
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Once a torchbearer of ODL system, IGNOU reduced to a rudderless vessel

Once a visible player in ODL system at the international stage, IGNOU has been reduced to a rudderless vessel today

Alamos Gold acquires Richmont Mines

Alamos Gold announce that it has entered into a definitive agreement whereby Alamos will acquire all of the issued and outstanding shares of Richmont pursuant to a plan of arrangement. Under the terms of the Agreement, all of the Richmont issued and outstanding common shares will be exchanged on the...

Centerra Gold announces settlement with Kyrgyz government

Centerra Gold Inc announces that the Company and its Kyrgyz subsidiaries (Kumtor Gold Company and Kumtor Operating Company have entered into a comprehensive settlement agreement with the Government of the Kyrgyz Republic. Full and final reciprocal releases and resolution of all existing arbitral and environmental claims, disputes, proceedings and...
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