A Newport Beach man pleaded guilty in federal court Monday to participating in a fraud scheme that promised to help debtors pay off their credit cards but instead charged them secret upfront fees that ate up most of their payments for up to six months, according to authorities. John Vartanian, 57, admitted he didn’t disclose…
By Sebastian Shakespeare for the Daily Mail Published: 10:23 EST, 12 July 2016 | Updated: 10:52 EST, 12 July 2016 View comments Nigel Farage is still celebrating the historic Leave victory in the EU referendum but the champagne has lost its sparkle for his little brother. Commodities broker Andrew Farage has been declared bankrupt, I…
When it comes to trying to get out of debt, Ive seen and heard it all, from the person who got three jobs to the guy who sold his dream car. But it got me thinking, what are some of the craziest ideas out there to help you find your way out of debt? Continue Reading Below I decided…
Everett Collection The 2016 Social Security Trustees report showed a continuation of the current trend toward insolvency of both of its trust funds. The Trustees estimate that Social Security’s combined retirement and disability trust funds will… Read the full article at: http://www.marketwatch.com/story/social-security-insolvency-is-now-one-year-closer-2016-07-11
July 11, 2016 8:32 a.m. ET Caesars Entertainment Corp. CZR 4.38 % has amended a merger agreement with Caesars Acquisition Co. CACQ -1.99 % , which is linked to the bankruptcy restructuring of the gambling companys main operating unit. The changed deal comes as the unit, Caesars Entertainment Operating Co., stacks up agreements with creditors in…
Turkey’s leading shoe retailer, Arrow, has been officially declared bankrupt, according to an Istanbul bankrupt office. The shoe retalier Arrow, based in Istanbul’s Ginza Lavinya Park mall in the district of Beylikdüzü, was declared bankrupt by 1st Commercial Court of First Instance on June 23, Bakrköy bankrupt office said on Monday. The judge’s decision ended…
It’s many years since I grappled with the intricacies of contract law in general, and the specifics of Carlill v the Carbolic Smoke Ball Company (1892) in particular. Notwithstanding, I seem to recall that consideration must be exchanged if a valid contract can be said to exist between Crispin Hull and Nick Xenophon in regard…
The liquidation of a company linked to New Zealand’s only forestry-related manslaughter prosecution has stalled due to a lack of funds and non-cooperation by the company’s director, liquidators say. Paul Burr Contracting Ltd has been in liquidation since August 2015, after its sole shareholder, Paul Burr, called in liquidators. The liquidation started five days before Burr stood…