ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
SoftBank Eyes Switch Inc as It Pushes Deeper Into AI Data Center Expansion 
BHP Secures $2 Billion Investment from BlackRock’s GIP to Boost WAIO Power Network 
Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel 
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Disney Nominates Former Apple COO Jeff Williams to Join Its Expanding Board 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Samsung SDI Secures Major LFP Battery Supply Deal in the U.S. 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
NORTHBROOK, Ill., April 28, 2016 -- Hilco Industrial (www.hilcoind.com), a unit of Hilco Global, announced that the results from the April 14, 2016 webcast auction for Chris Mechanical Services exceeded expectations. The auction, which was recently completed, was held in partnership with California-based Machinery Network Auctions.
Chris Mechanical Services Ltd. has been providing industrial equipment design, maintenance, and manufacturing services in Calgary, Alberta as a CNC fabricating machine shop. The company focused on delivering quality innovative products in the oilfield service industry. On December 18, 2015 FTI Consulting Canada Inc. was appointed as Receiver, pursuant to an Order of the Court of Queen's Bench of Alberta, of all the assets, undertakings and properties of Chris Mechanical Services Ltd. and those related Companies listed in the Receivership Order.
Among the assets sold through the auction were metal machining, oil field services equipment, inventory, and support equipment. Over 800 lots were featured in the auction that brought in sales of over $1.3 million. For additional information on the auction, lot catalog, remaining assets or details on the assets sold, visit http://www.hilcoind.com or contact:
• John Sharpe - - Hilco Industrial, [email protected] +1 416.252.1955
• Bruce Lyle - - Hilco Industrial, [email protected] +1 416.252.1955
• John Magnuson - - Hilco Industrial, [email protected] +1 847.504.3204
About Hilco Industrial:
Hilco Industrial (www.hilcoind.com ) provides industrial asset disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial performs dispositions through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial has capital to put at risk and often acquires assets or provides guarantees. Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com ), the world's leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates twenty specialized business units offering services that include asset appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory, consulting and strategic capital investments.
About Chris Mechanical Services
Chris Mechanical Services Ltd. is a dedicated CNC Fabricating Machine Shop established in 1981, focused on manufacturing and delivering quality innovative products in the oilfield service industry.
Media Contacts:
Gary Epstein
Chief Marketing Officer
Hilco Global
(847) 418- 2712
[email protected]
CONTACT: Gary Epstein
Chief Marketing Officer
Hilco Global
(847) 418- 2712
[email protected]
