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...As a liquidator, “you can sit in something for ages and generate fees, but he’s not that kind of guy.”...
...In today’s newsletter: Dealmakers question the future of Delaware Non-Dom days are over Who are Evergrande’s liquidators?...
...Part of the task for the liquidators in Hong Kong is to establish the scale and nature of such cross-border exposure....
...The court appointed A&M as liquidators following a successful legal claim over unpaid debts from Bahrain-based investment firm Asma Capital....
...From inventory liquidator to crypto play, it has now settled on something a bit more homey....
...Borrelli Walsh, the liquidators to China Forestry, and Lipman Karas, their lawyers, also declined to comment....
...Excluding the effect of the big fall in lumber prices, the decline was only 2.3 per cent....
...It will also sell its wood and lumber products business, Idaho Timber, in two deals for a combined $239mn....
...With crypto exchange FTX short $8bn and hurtling towards bankruptcy, please take a moment to survey the task that might be awaiting liquidators and law enforcement agencies....
...He in effect now runs a mining multinational that includes, according to the US government, gold, diamonds, oil and lumber operations across Syria, Sudan and the Central African Republic....
...The company has encountered rising prices in many of its core commodity categories, such as lumber and copper, but chief executive Ted Decker said it was not entirely clear how inflation would affect consumer...
...Viewed in this way, lumber costs do not accurately indicate future DIY retailer sales. True, the astronomical surge in lumber prices did turbocharge top line growth at both companies....
...Grant Thornton, liquidator to Greystone UK Trading, said in its insolvency report of 2013 that “it appears the Company was involved in missing trader intra community VAT fraud.”...
...A surge in lumber prices has helped. Dearer commodities translate into higher prices for end consumers, boosting the top line....
...And at Home Depot, the DIY chain, a pandemic-fuelled boom in home improvement projects continued to drive demand for lumber and tools, also lifting the company to record first-quarter revenues....
...A version of this article was first published on May 24 by Nikkei Asia. ©2021 Nikkei Inc. All rights reserved....
...Even higher lumber prices have not held back the gross margin in home sales, which came in at 21.8 per cent for the full year. At two times book value, DR Horton shares are not cheap....
...Economists caution, however, that higher lumber prices could weigh down on momentum as DIY accounts for about 40 per cent of lumber demand....
...Both Home Depot and Lowe’s operate cavernous warehouses filled with aisles of lumber, paint and lighting fixtures....
...Shares of Lumber Liquidators, which were halted earlier on Tuesday, were down 1.8 per cent at $11.24....
...PJT, one of the fund’s liquidators, recently estimated investors were set to lose about one-third of their savings....
...On Tuesday, the Kessler Foundation said it had made a bid to acquire the assets from liquidators Begbies Traynor, with a view to relaunch a merged news publication....
...Home Depot, which is also suffering from deflation in lumber prices that forces it to lower the cost of its flooring, fences and decks, has warned on the impact of tariffs just days after tractor maker Deere...
...“We were pleased with the underlying performance of the core business despite unfavourable weather in February and significant deflation in lumber prices compared to a year ago,” said Craig Menear, chief...
...A version of this article was first published by the Nikkei Asian Review on January 8 2020. @2020 Nikkei Inc. All rights reserved....
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