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In relation to corporate insolvency, modified universalism or modified universality is a legal concept (particularly an English legal concept) relating to the general principle that national courts should strive to administer the estates of insolvent companies in the spirit of international comity. [1]
Later, on November 29, 2023, Unity announced an additional 265 layoffs, constituting 3.8% of its workforce, as part of a "company reset," according to Reuters. Most of the affected workers (256) were from the Wētā Digital division, which Unity had acquired for $1.6 billion in 2021, along with several Wētā FX tools and 275 employees. On May ...
Birmingham City Council has reached an agreement to settle thousands of historic equal pay claims costing millions, just over a year after effectively going bankrupt.. GMB Union, which brought the ...
During his time at Delta between 2005 and 2007, Whitehurst oversaw the company's recovery from bankruptcy and its struggle against US Airways in 2006, who had repeatedly proposed mergers to the company. [6] In 2013, North Carolina Governor Pat McCrory appointed Whitehurst as a member and vice-chairman of the North Carolina Economic Development ...
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Greenfield School in Old Woking, Surrey, was loaned £13.3million by Woking Borough Council, with £2.4m due on 25 November. The council papers to be presented on Thursday state "the school may ...
Kevin Byrne, a former mayor, had previously run his team under the banner of "Cairns Unity Team". Manning considered the Unity 2012 team to be apolitical and publicly stated that Unity 2012 had no political affiliation. [16] [17] Manning was successful, being elected with 55.61% of the vote. Following his victory, he borrowed $150,000 the ...
Michael Gove has announced commissioners will take over Birmingham City Council as part of a series of emergency measures for the bankrupt authority likely to include selling assets, cuts to staff ...