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Daily Archives: August 20, 2016

Gambler steals booze and meat worth exactly £500 from Asda to pay off his debts – Nottingham Post

GamblingBy Insolvency GuardianAugust 20, 2016

Comments (0) A gambling addict has been jailed after he stole exactly £500 worth of booze and meat from an Asda to pay off the men he owed. Nottingham Magistrates’ Court heard how Sean Brooks walked into the store and filled up his trolley with alcohol and meat before walking out and handing the goods over…

Debenhams restructuring to save up to 1330 jobs – Irish Times

RestructuringBy Insolvency GuardianAugust 20, 2016

The High Court has approved a restructuring for the company operating Debenhams 11 Irish stores to continue trading, saving up to 1,330 jobs. The plan will enable Debenhams Retail (Ireland) Limited, a subsidiary of the UK Debenhams, to exit examinership. Under the terms of the plan, the retailers 11 stores are to remain open and…

Brisbane Roar face massive A-League cash shortage – SBS – The World Game

LiquidationBy Insolvency GuardianAugust 20, 2016

The World Game understands Brisbane are on the brink of financial collapse unless owners the Bakrie Group can provide an instant and significant cash injection to the club. Cobb was sacked on Wednesday by the Bakrie Group. The extent of the problems he has left behind are only just coming to light. With six weeks…

How $250 million disappeared from Delta Bank – Kyiv Post – Kyiv Post

BankruptcyBy Insolvency GuardianAugust 20, 2016

Aug. 20, 2016 07:17 Mykola Lagun (R) owned the defunct Delta Bank, which cost Ukrainian taxpayers $622 million in insurance payments to clients who lost their deposits. The Deposit Guarantee Fund said a combination of criminal fraud and bad management accounted for the bank’s epic collapse. But no one has been charged with a crime.…

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