In December 2013, the Second Circuit reversed an order of the United States Bankruptcy Court for the Southern District of New York that granted recognition under Bankruptcy Code chapter 15 to the ...

You have reached your maximum number of saved items. Remove items from your saved list to add more. OCTAVIAR'S chances of staging a Lazarus-like recovery appear increasingly remote, after the stricken ...

OCTAVIAR'S chances of staging a Lazarus-like recovery appear increasingly remote, after the stricken Gold Coast financial group revealed it had been ordered to repay a $349 million debt by tomorrow ...

Don't miss out on the headlines from CM iPad section business. Followed categories will be added to My News. Creditors chasing debts have until October 5 to submit final claims and a dividend will be ...

"They want their cash by the 5th of June and they are not going to get it, because we don't have it," Octaviar executive director Chris Scott told The Australian yesterday, flagging the likelihood of ...

THE directors of beleaguered fund manager Octaviar may be preparing a proposal to trade the company out of its massive debts, a Brisbane court has heard. The Queensland Supreme Court today delayed a ...

Octaviar, the company that grew out of troubled MFS, is still struggling for survival in the face of multiple demands from creditors, according to a statement released on the Australian Securities ...

Mr Peacock resigned from the group -- which changed its name from MFS to Octaviar following a spectacular debt-related share price meltdown in January -- as it announced plans to offload management ...

Mr Kennedy says he was effectively told to "back off"' by Mr King over his reservations about sending funds to the company's Dubai operations. "He was pushing people for it to be done by yesterday," ...

CASH-STRAPPED fund manager Octaviar, formerly known as MFS Limited, has been hit with a winding up application by the Public Trustee of Queensland. The failure of the Gold Coast funds manager, ...

The director of a failed Gold Coast investment group has been charged with 26 counts of fraud with authorities alleging he misappropriated $4.6m. David Mark Anderson appeared in Southport Magistrates ...