Hints and tips:
...Debt issues by CRC Health and Multiplan last month set a time limit after which the most favoured nation rule will not apply....
...But with the introduction of the UK government’s CRC Energy Efficiency Scheme (formerly the carbon reduction commitment) last year, Mr Rushen has found he has in place a source of verified information that...
...Matthew Cavanagh, CRC’s general counsel who ran the appeal for CRC, said the ruling was “very important” for the UK financial services industry as it went to the heart of whether or not assets were protected...
...However, client money was not ring-fenced for other hedge funds such as CRC Credit Fund nor the affiliates of New York-based Lehman....
...Over the next few weeks, the Financial Services Authority, the UK’s financial regulator, as well as CRC will put forward arguments about their definitions....
...Lehman affiliates and hedge funds whose money was not properly segregated, which include CRC Credit Fund and Claren Road, will be forced to pursue claims as unsecured creditors....
...“People lost so much money last year and they are so desperate to recoup their losses, that they are willing to invest in anything,” said Brad Golding, portfolio manager of CRC Financials Opportunity hedge...
...The CRC will work with Dubai World’s executive management team to oversee the restructuring process and ensure the continuity of Dubai World’s operations....
...“We’re unhappy about the CRC,” says Aydin Kurt-Elli, chief executive....
...higher at 6,860.88 The mainland engineering company, China Railway Construction, dropped 18.5 per cent to HK$7.99 after the Nigerian government decided to rethink contracts and suspend work on one of CRC...
...The first company was CRC, an Aim-listed mobile phone repairer....
...CRC, the technology repair services company, lost 17.7 per cent to 72p as it issued another profit warning - this one with only four minutes of trading left....
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