#state-intervention

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fromBusiness Matters
1 week ago

Government takes control of Sanjeev Gupta's Rotherham steel plant to save 1,500 jobs

On Thursday, the official receiver stepped in to take charge of the Rotherham steelworks in South Yorkshire after the High Court approved a winding-up petition from creditors. The ruling forced Gupta's Speciality Steel UK (SSUK) into administration, raising the prospect of closure for a plant that employs 1,500 workers and is home to one of Britain's few "green" electric arc furnaces.
UK news
fromLos Angeles Times
3 weeks ago

L.A. County unlikely to fight probation takeover - as long as receiver battles problem staffers

California's L.A. County juvenile halls face state intervention due to ongoing failures in management and care, prompting calls for a receiver.
NYC politics
fromNew York Post
4 months ago

NUMC claims financial turnaround in 11th hour push against Hochul, state takeover

Nassau University Medical Center has recovered financially and doesn't need a state takeover, claiming significant improvements in patient care and services.
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