Slater & Gordon shares have given back a third of the week’s strong gains. Photo: Jessica Shapiro Shares in law firm Slater & Gordon slid by as much as 17 per cent after the company appeared to have missed its self-imposed deadline to update investors about its closely watched cash flows. In a statement to the Australian Stock Exchange…
With Super Bowl 50 barely a week away, a San Francisco high school football star who played with the 49ers and then the Denver Broncos was one of 23 co-defendants named in a federal indictment alleging they ran a violent sports gambling and drug trafficking ring. Derek Loville, an Archbishop Riordan High School graduate, was…
Seven Laura Ashley stores in Australia have been closed as the voluntary administration of the retail chain in Australia continues. The Australian arm of the homewares and clothing retail entered voluntary administration on January 7, at which time the chain was operated 38 stores in Australia. Administrators FTI Consulting confirmed this morning seven Laura Ashley…
The directors of a hairdresser-turned-insolvency practice have been banned from managing a company for 10 years, for failing to ensure their business acted in a competent manner. According to the Insolvency Service, Baker Donald was set up as a hairdresser in November 2011, but just over a year later started trading as an insolvency practice,…
An insolvent Topeka bank seized by the federal government during the 2007-2008 financial crisis could receive a court hearing after the 10th Circuit Court of Appeals ruled on its case Tuesday. According to an agreement signed between Columbian Bank and Trust and the Federal Deposit Insurance Corporation, federal officials in 2008 had reason to believe…
The year is off to a turbulent start; both in the UK, and around the world. January saw oil prices plummeting, while Chinese growth slowed, spooking investors (but surprising none). But amid the turmoil and confusion of global stock markets, there are a few economic trends which look set to hold sway throughout 2016. Heres…
The number of people whose financial situation was so bad that they became insolvent in 2015 is expected to be at its lowest levels in a decade in official figures released on Friday. Creditor services firm RSM predicts that across England and Wales, the Insolvency Service’s figures will show there were around 80,000 personal insolvencies…
BY YVONNE SELCERGUEST COLUMNIST As I knock on doors to find out what issues are important to our community members, crushing student debt is a big issue I hear about with unfortunate frequency. This issue continues to heavily impact many Minnesotans, not just current college students and graduates, but parents and high school students looking…
RSM expects the volume of Debt Relief Orders (DROs) for the fourth quarter of 2015 to have risen by 16%, while bankruptcies are down. Data complied by RSM suggests that the Insolvency Service will announce tomorrow (29 January) that there were around 20,000 personal insolvencies in England and Wales in the final quarter of 2015.…