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 ...

Add articles to your saved list and come back to them anytime. OCTAVIAR'S chances of staging a Lazarus-like recovery appear increasingly remote, after the stricken Gold Coast financial group revealed ...

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 ...

Media across Australia and globally are reporting on the news yesterday that Gold Coast finance and tourism group Octaviar, formerly MFS, acknowledging that it may collapse because of $838 million ...

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 ...

Singapore-based businessman Chris Scott has taken the reins of the stricken Octaviar financial services and hospitality group after the resignation of chief executive Craig White on Friday. Mr Scott, ...

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," ...

The co-founder of MFS, renamed Octaviar, is taking part in the prestigious Mercedes-Benz polo tournament near Beaudesert outside Brisbane today. But while the 43-year-old yesterday enjoyed the sport ...

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, ...

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 ...