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Daily Archives: September 6, 2016

Welcome to Tax Haven, USA: Apple, Ireland and the American corporate tax giveaway – Salon

LiquidationBy Insolvency GuardianSeptember 6, 2016

Its hard to come up with a better example of just how topsy-turvy the global corporate tax situation is than Irelands effort to prevent Apple Inc. from paying it more than $14 billion in back taxes. The country, which only a few years ago was digging out of insolvency, doesnt want the money. Instead the…

Top GMP inspector faces the sack over alleged gambling debt deception – Manchester Evening News

GamblingBy Insolvency GuardianSeptember 6, 2016

A police inspector is facing the sack after allegedly deceiving friends and colleagues into lending him thousands of pounds to pay off huge gambling debts. Jon Percival, a Tactical Aid Unit officer, is accused of concealing the true extent of his financial crisis – being more than £100,000 in debt – when he repeatedly asked…

School debt: Clinton, Trump promise to help students with burden – The Denver Post

Debt HelpBy Insolvency GuardianSeptember 6, 2016

By Josh Boak, The Associated Press More Americans are getting buried by student debt causing delays in home ownership, limiting how much people can save and leaving taxpayers at risk as many loans go unpaid. The statistics look daunting. Student debt now totals around $1.26 trillion. This amounts to a stunning 350 percent increase since…

Hong Kong’s HWB hires restructuring, insolvency team from Ashurst – Legal Business Online

RestructuringBy Insolvency GuardianSeptember 6, 2016

Hong Kong boutique Howse Williams Bowers (HWB) has hired a team of restructuring and insolvency lawyers from Ashurst, led by partner Bertie Mehigan. Mehigans appointment continues a year of key partner hires for HWB, which has added Janet Lee from the Hong Kong governments Lands Department, Antony Yung from JP Morgan and Christopher Yu from…

Top Great Manchester Police inspector faces the sack over alleged gambling debt deception – Manchester Evening News

GamblingBy Insolvency GuardianSeptember 6, 2016

A police inspector is facing the sack after allegedly deceiving friends and colleagues into lending him thousands of pounds to pay off huge gambling debts. Jon Percival, a Tactical Aid Unit officer, is accused of concealing the true extent of his financial crisis – being more than £100,000 in debt – when he repeatedly asked…

Trump’s 10 Deals to Save America from the Coming Crash – Daily Reckoning – Australian Edition

LiquidationBy Insolvency GuardianSeptember 6, 2016

In the next few weeks, an election event will take place that I believe could trigger major volatility ending in the market crash. I believe it is too late to reverse the tidal wave of our financial systems failure that has been brewing for three decades now. It will soon end in a speculator implosion…

Hanjin Group Offers $90 Million to Help Shipping Unit – Wall Street Journal

BankruptcyBy Insolvency GuardianSeptember 6, 2016

Sept. 5, 2016 11:56 p.m. ET SEOULSouth Koreas Hanjin Group said it would put up 100 billion won ($90 million) to help out Hanjin Shipping Co. 117930 25.23 % , as the troubled shipping affiliate struggles to get its stalled supply chain moving. Although the company is already under court receivership, weve decided to help…

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