EX-Celtic star Darren Jackson has been made bankrupt with debts of £270,000. The former striker, who also played for Hibernian and Dundee United , was declared insolvent after failing to settle large bills. The majority of the cash is owed to the taxman and relates to investments made in a film production scheme. The 49-year-old…
The Insolvency and Bankruptcy Code, 2015, moved by the NDA government on Monday (21 December) in the Lok Sabha as a money bill, is probably more important for the future of Indian capitalism than the Goods and Services Tax (GST) bill on which a lot of political capital has been expended. Representational image. Reuters Even…
Warren Buffett would be the first to admit that he hasnt had a great year, at least by his standards. Not since 2008 has his company, Berkshire Hathaway [NYSE:BRKA], seen its share price drop as much as it has. According to CNN Money: Shares of Berkshires A and B shares are each down about 13%…
by George Cochrane QUESTION: I am 55 years old and my only major asset is our family home, valued at $1.3 million with a $900,000 mortgage. Other debts include $60,000 on credit cards, $30,000 in personal loans and $15,000 in miscellaneous expenses. I have about $35,000 in superannuation, while my wife has some $135,000. I earn $15,500…
SINGAPORE: Embattled Japanese conglomerate Toshiba said on Monday (Dec 21) it is expecting an annual loss of nearly 550 billion yen (US$4.53 billion) and will be cutting jobs in its loss-making consumer electronics business as it embarks on a bold restructuring plan in an effort to move beyond an accounting scandal. The Tokyo-based company announced…
Regis Insurance Company, a Pennsylvania-domiciled insurance company, was recently issued an order of liquidation by the Commonwealth Court of Pennsylvania. Regis, a writer of small commercial business based in Paoli, Pennsylvania, was licensed in and domesticated in Pennsylvania in 1979. The company is licensed only in Pennsylvania but did business in several other states within…