Court of Appeals Temporarily Suspends Bankruptcy Proceedings for Nova Austral in Chile
The Court of Appeals in Punta Arenas, southern Chile, has temporarily suspended the bankruptcy proceedings of salmon farmer Nova Austral, sparking interest among industry insiders. This decision offers hope for Nova Austral to reorganize its financial situation and work towards a stable future, highlighting the importance of legal interventions in safeguarding businesses and jobs. Industry analysts are monitoring closely to see how Nova Austral navigates this challenging period, with potential far-reaching implications for the salmon farming sector in southern Chile.
US Justice Department Seeks to Reinstate Convictions in FIFA Bribery Case
The U.S. Justice Department has made a move to reinstate the convictions of a former Fox executive and a South American sports media and marketing company in the FIFA bribery investigation. The request was made to a federal appeals court,…