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Daily Archives: October 26, 2016

UAE bankruptcy law could to come into effect by end of this year – The National

BankruptcyBy Insolvency GuardianOctober 26, 2016

The new bankruptcy law could come into effect by the end of the year, amid concerns that the court system may struggle to implement it effectively. The bankruptcy law was published in the countrys official legal gazette on September 29, stating that it will come into effect three months later, according to a senior Abu…

$3827 for each week Senator Bob Day delays resignation | SBS News – SBS

BankruptcyBy Insolvency GuardianOctober 26, 2016

South Australian Senator Bob Day has yet to officially resign from Parliament, meaning he is still being paid and could take his seat on the Senate crossbench next month. Last Monday, Senator Day told his staff I will of course resign from the Senate after he announced that his Home Australia group was being placed…

Family First’s Bob Day has changed his mind on resigning from the senate for now – Business Insider Australia

BankruptcyBy Insolvency GuardianOctober 26, 2016

South Australian senator Bob Day has changed his mind just a week after saying he would resign from his $199,000 job because it would be untenable to stay in Parliament when his home building business went into liquidation. I will of course resign, he said, when his Home Australia group collapsed, leaving 200 homes in…

Creditors line up for Edelsten’s assets – Yahoo7 News

BankruptcyBy Insolvency GuardianOctober 26, 2016

AAP on October 26, 2016, 4:25 pm Geoffrey Edelsten has appeared in a Melbourne court for a hearing linked to his US bankruptcy. Bankrupt businessman Geoffrey Edelsten faces years of litigation in Australia and the United States, with creditors in both countries lining up to get a piece of his Victorian assets. Edelsten is being…

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