Highlights of Credit and Finance

November, 2016

Songa Offshore SE: Update On Timing Of Conversion Of Class A-shares

Referral is made to previous stock market announcements by Songa Offshore SE (the Company) in connection with the refinancing first announced on 15 March 2016 (the Refinancing). Pursuant to the terms of the Refinancing, the Class A-shares delivered to unsecured lending institutions as part of the financial obligation conversion under the Refinancing will remain as […]


The Disastrous $45 Million Fall Of A High-End Wine Scammer

Throughout, Fox continued to promote deals. In November he e-mailed one that consisted of 31 bottles of 2013 Domaine Ramonet Montrachet, a grand cru white Burgundy made in tiny quantities. Desirable by collectors, it normally soldcost $1,200 or more; Fox provided it at $360 per bottle. A couple of days later, Fox shaved $11 off. […]


House ServiceHome Based Business Jumia To Introduce Its Own 3rd Celebration Online Payments Service Called Jumia …

Initially they merged all AIG subsidiaries into one huge Jumia brand, and now, it appearslooks like the next action in reinforcing their market position is an internal payments solution. Jumia revealed the other day the launch of Jumia Pay, a third partya 3rd party online payment service intended at supplying a much safer, much faster […]


Supposed Ex-Warner Bros. Worker Goes Off On Business’s Super-Sized Failures In Open Letter

Well, inform us how youreallyfeel. On Thursday, a supposed former Warner Bros. staffer shown executives an open letter so scathing in its review of the business that she or he has currently become a more compelling bad guythan any offered in the current slate of DC superhero movies. The author – who is only recognized […]


Insolvency And Auction For Chapel Hill’s Southern Season

Chapel Hill-based gourmet food retailer Southern Season was auctioned off today in US Insolvency Court in Greensboro, before Judge Benjamin Kahn. Calvert Retail of Delaware obtained particular possessions of Southern Season shops for $3.5 million. The acquisition consists of all of Southern Seasons intellectual homecopyright, its website and the Chapel Hill store. Calvert Retail presently […]


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