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The term "pre-pack sale" has been defined by the Association of Business Recovery Professionals as "an arrangement under which the sale of all or part of a company’s business or assets is negotiated with a purchaser prior to the appointment of an administrator, and the administrator effects the sale immediately on, or shortly after, his appointment". [1]
The National Food Authority was created by President Ferdinand Marcos through Presidential Decree No. 4 dated September 26, 1972, under the name National Grains Authority (NGA) with the mission of promoting the integrated growth and development of the grains industry covering rice, corn, feed grains and other grains like sorghum, mung beans, and peanuts. [1]
A debt restructuring plan, where the government agrees with other countries, or unilaterally reduces its debt repayments; Requiring assistance from the International Monetary Fund or another international source; Debts could be owed either to private parties within a country, to foreign investors, or to other countries.
Some U.S. businesses are activating plans to protect their businesses from President-elect Donald Trump's promise to slap new and potentially hefty tariffs on a wide swath of goods from countries ...
Siemens Energy said its 2022 net loss would exceed last year's 560 million euro loss by the 200 million euro charge, which is reported as a special item. Siemens Energy blames Russia restructuring ...
A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering to Colombia, New Jersey's attorney general said on Wednesday, in the first such arrest since ...
NFA is extremely regrettable" and based on "an erroneous set of facts, innuendo and rumor" claimed that the company owed the NFA $1.7 million in total subsidy funds. [60] The two sides settled their differences in April 2006 when Burger King agreed to pay the disputed subsidy funds to the group.
The third shutdown of Trump’s reign – and the longest in U.S. history – started Dec. 22, 2018, and lasted until Jan. 25, 2019, after Trump demanded $5.7 billion to build a wall along the U.S ...