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Imperial Consolidated administrator awaits results of geological survey in Argentina

The results of an independent geological survey of 4.5 million acres of land in Argentina to which the Imperial Consolidated Group has mining rights are expected to be known by the end of August. They will go a long way to determining the level of dividend creditors can reasonably expect, said a spokesman for Imperial's UK-based administrator, Mazars Neville Russell.

Reorganization continues at scandal-plagued Imperial Consolidated

Michael Gilbert, who was severely criticized by a New Zealand judge in a recent court ruling (see separate story), is part of a reorganization that involves the Imperial Consolidated Group and companies with the prefix 'Alpha'.The firm that he is a director of changed its name from Imperial Consolidated (New Zealand) Ltd. to Alpha Equities Asia-Pacific (NZ) Ltd. on November 29, 2001.

Restructuring at Imperial Consolidated, libel lawsuit dismissed

The Imperial Consolidated Group has changed its corporate structure for the second time in nine months.Changes include its British-based holding firm, Imperial Consolidated PLC, re-registering from public to private status three days before its year-end of September 30, 2001.