Evergrande Offshore Creditors Have A Chance To Get Some Money Back LeapRate

August 23, 2024 BY Elizabeth Anderson

Evergrande Offshore Creditors Have A Chance To Get Some Money Back

Reuters reported that, according to a January 2024 Hong Kong court ruling, Evergrande’s creditors are “de facto shareholders” in the company’s onshore assets. The property developer’s offshore debt is estimated at about $23bn. Shareholders are usually last in line when it comes to liquidated debt settlements. However, in relation to the Evergrande electric vehicle (EV)…

January 27, 2016 BY Mike Fox

FXCM amends stockholder rights plan

FXCM Inc. (NYSE:FXCM), today announced that its board of directors has voted to extend and amend the terms of the company's stockholder rights plan. The rights have been amended in order to protect the interests of the company and its stockholders by helping preserve the value of the company's net operating loss carryforwards and tax credits.…

June 22, 2015 BY Andrew Saks-McLeod

RBS prepares for shareholders revolt today as Osborne prepares to offload taxpayers 79% stake

Chancellor of the Exchequer George Osborne wants to sell the 79% stake that the British taxpayer holds in the bank, however RBS has been asked to pay some of the costs associated with the transaction, a proposal which shareholders will vote on today

June 03, 2015 BY Andrew Saks-McLeod

Magick upgrades algo trading platform, rebrands to Tradeworks

“Tradeworks version 2 has been in the making for a long time. It brings together many valuable elements such as our new, proprietary backtester, a simplified and more efficient strategy editing module and a completely new information architecture providing much improved navigation" - Mikael Breinholst, CEO, Tradeworks

May 21, 2015 BY Andrew Saks-McLeod

Tag: shareholders