Last updated: 30 January 2017 From low income earners to farmers and small business owners, thousands of Aussies stand to benefit from wide-reaching banking changes introduced by the Australian Bankers Association (ABA). The new changes add to last year’s reforms under the Better Banking program, which pushed for a system to shame unethical financial advisors…
Restructuring & Insolvency 2017: Analysis The collaboration between Whos Who Legal and Global Restructuring Review has again generated extensive research into restructuring and insolvency legal markets around the world. All told, we list 570 lawyers this year from 47 jurisdictions. Thought Leaders Europe Rita Gismondi Gianni Origoni Grippo Cappelli & Partners, Rome…
One of Builtons developments. Up to 130 WA homeowners should seek legal advice before making progress payments for work on houses being built by distressed builder BuiltonCorp, QBE Insurance has warned. The insurer said it would cover homeowners who had a contract with BuiltonCorp who had been issued with a certificate of insurance for residential…
Highlanders treasurer Donald Ndebele (with mic) presents his report at the clubs Annual general meeting yesterday, with the acting Bosso chairman Modern Ngwenya (left) and others following proceedings Sikhumbuzo Moyo, Senior Sports ReporterHIGHLANDERS FC reduced its debt by a meagre $4 500 to around $790 000 last year. According to a financial report presented by…
The holding company of the former Super League champions Bradford Bulls will finally enter liquidation this week after creditors voted overwhelmingly in favour of the administrators proposals, which include a thorough examination into the clubs historical financial affairs following its well-publicised demise. Despite the Rugby Football League already sanctioning a new company and club in…
MUMBAI: The arrest of former bankers who had approved loans to Vijay Mallyas Kingfisher Airlines will hold back Indias largest lender State Bank of India (SBI) from throwing a lifeline to a troubled company and proactively rejigging loans to give a business house a second chance. In the course of meetings that followed last weeks…
Retail and super funds are lobbying the big four banks to stop credit cards being used for online betting. Simon O’Dwyer Retail and super funds have waded into the controversial debate on problem gambling, lobbying the big four banks to stop credit cards being used for online betting. The Responsible Investment Association Australasia (RIAA), whose…
Date: January 30 2017 Belinda Williams You may be risking your entire wealth if you’re a company director for a friend or family member. Some owners frequently risk their family finances because they don’t fully understand their legal obligations as company directors. Owners often structure a new business as a company (as opposed to a sole…
Endo Announces Actions to Drive Greater Efficiency and Business Alignment Endo InternationalPosted on: 29 Jan 17 DUBLIN, Jan. 26, 2017 /PRNewswire/ — Endo International plc (NASDAQ / TSX: ENDP) announced today that as part of its comprehensive organizational review, it has initiated a restructuring program. These restructuring actions primarily relate to the Company’s Corporate functions and…
Some owners frequently risk their family finances because they don’t fully understand their legal obligations as company directors. Owners often structure a new business as a company (as opposed to a sole trader) for tax benefits and legal protection through limited liability. Being a director has huge responsibilities attached. Photo: Jon Boyes But legal experts say many…