| Hedge funds shut out as banks win IMO A group of banks that financed the £450 million leveraged buy-out (LBO) of car wash group IMO will take control of the struggling business leaving a rival group of hedge fund investors with nothing. feeds.timesonline.co.uk |
Mabey & Johnson prosecution a feather in the cap of Serious Fraud Office The judgment against Mabey & Johnson is a major coup for the Serious Fraud Office — and for the principle that large companies operating abroad can be held accountable under British law. feeds.timesonline.co.uk |
Strong-Arm Distressed Debtors At Your Peril You could get whacked by the bankruptcy court. forbes.com |
Rudd asked for clarity on e-health HEALTH professionals are pushing for $6.3 billion in federal funding for medical technology. australianit.news.com.au |
Iceland approves £3.4bn Icesave loss deal Iceland’s parliament has agreed to pay back €3.8 billion (£3.4 billion) lost by British and Dutch savers when its banking system collapsed, in a move that is likely to boost the country’s bid to join the European Union. feeds.timesonline.co.uk |