Virgin Australia (ASX:VAH) administrators Deloitte have filed a Chapter 15 petition in New York to recognise administration proceedings for the struggling airline in Australia.
Formal recognition of the Virgin Australia Holdings Ltd voluntary administration process in Australia has now been granted, recognising the administration proceeding under Australia’s Corporations Act as a foreign main proceeding as defined in Chapter 15 of the US Bankruptcy Code.
Shares in Virgin Australia (ASX:VAH) last traded at 9 cents.
10 Sep 2019 - Bathurst Resources (ASX:BRL) released their financial year 2019 results showing NPAT up at $45 million compared to $5.5 million in the prior corresponding period.
30 Jan 2020 - Aerial imagery technology and location data company Nearmap (ASX:NEA) reports that its annualised contract value (ACV) grew by 23 per cent on the prior corresponding period to $96.6 million during the first half of FY 2020.
30 Dec 2019 - AVITA Medical (ASX:AVH, NASDAQ:RECEL) has announced the resignation of joint company secretary Tamara Barr and secured US FDA approval to conduct a feasibility study evaluating the safety and effectiveness of the RECELL® Autologous Cell Harvesting Device for repigmentation of lesions.
10 Mar 2020 - In light of current market uncertainty surrounding the impact of coronavirus and, in particular its impact on transaction values for payments businesses to date, Tyro Payments (ASX:TYR) onfirms that it has operational plans in place to maintain continuity of payment and banking services to its customers.
09 Sep 2019 - Centuria Property Funds No. 2 (ASX:CIP) has today announced it has exchanged a conditional contract for the off market acquisition of a property in South Australia at a price of $19.5 million providing an initial yield of 7 per cent.
11 Oct 2022 - A snapshot of the stocks on the move featuring New World Resources (ASX:NWC), Kuniko (ASX:KNI), Kore Potash PLC (ASX:KP2) and Dundas Minerals (ASX:DUN).
