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Daily Archives: December 18, 2016

Macadamia company goes into voluntary administration – Northern Star

LiquidationBy Insolvency GuardianDecember 18, 2016

MACADAMIA roasting and salting company Macaz has gone into voluntary administration, with creditors due to meet tomorrow morning in Lismore. The Alstonville-based company started up in 1991 and has a reported annual turnover of nearly $9 million. The Australian Securities and Investment Commission was notified of an application to wind up the business on November…

EU FTA negotiations pique courts’ interest – Lawyers Weekly

LiquidationBy Insolvency GuardianDecember 18, 2016

19 December 2016 Melissa Coade comments High Court Chief Justice Robert French AC has said that the international dimension of Australias superior courts means that developments in foreign trade and investment agreements matter to the bench. Speaking…

Former Tory MP’s company faces unfair dismissal case in landmark ruling – The Guardian

BankruptcyBy Insolvency GuardianDecember 18, 2016

Directors of a crashed company have been given the go-ahead to pursue a case for unfair dismissal in a landmark ruling against a business controlled by former health secretary Stephen Dorrell. The tribunal ruling allows employees of an insolvent company to sue a business allegedly born out of the ashes of the one that employed…

NYC 24/7: Sleepless businesses meet a need in the night – Daily Mail

BankruptcyBy Insolvency GuardianDecember 18, 2016

By Associated Press Published: 23:48 +11:00, 18 December 2016 | Updated: 23:48 +11:00, 18 December 2016 e-mail NEW YORK (AP) Wake up New York, there’s a whole hidden city out there in the middle of the night, at your service. Even in an era when you can order just about anything you want by smartphone…

Greek PM tries to unlock debt freeze to avoid another crisis – CNBC

BankruptcyBy Insolvency GuardianDecember 18, 2016

Fabrizio Bensch | Reuters German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras leave after a statement at the chancellery in Berlin on Dec. 16, 2016. Greece’s Prime Minister Alexis Tsipras has locked horns with Germany’s Angela Merkel amid an argument about a Christmas bonus payment for poor Greek pensioners in December. On Friday…

LETTER: Family debt help – East London and West Essex Guardian Series

BankruptcyBy Insolvency GuardianDecember 18, 2016

AS WE approach the Christmas season, a time when many families are struggling financially, Im supporting The Childrens Society campaign to protect the estimated 12,100 children living in problem debt in Redbridge. Children living in families in problem debt are five times more likely to be unhappy than children in families without debt troubles. Thats…

Mega rich Mpisanes face insolvency – Independent Online

BankruptcyBy Insolvency GuardianDecember 18, 2016

Durban – Billionaire tenderpreneurs Shauwn and Sbu Mpisane have been declared factually insolvent by the South African Revenue Service (Sars) in a court application for their estate to be sequestrated. The application was launched in the Durban High Court last month, days after Sars was granted an order to preserve the assets of the Mpisanes…

National Debt Relief Talks About Debt Consolidation For Credit Card Debt – Benzinga

Debt HelpBy Insolvency GuardianDecember 18, 2016

National Debt Relief recently shared in an article published December 1, 2016 some helpful information about credit card debt consolidation which can help consumers know more about the program. The article titled “About Credit Card Debt Consolidation: How Does It Work” imparts debt consolidation tips for people to understand if it can be used for…

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