six millen problems Millen now faces losing her £3 million home in Kent FASHION designer Karen Millen has been declared bankrupt over an unpaid tax bill. Millen, 55, who founded the high street chain more than 35 years ago, failed to pay £6million to HM Revenue and Customs following her involvement in a tax avoidance scheme. Getty Images HMRC issued Karen…
Insolvency: Wollongong Coal is not hopeful it will recover any money from Arun Jagatramka. Struggling miner Wollongong Coal has won a $91 million judgment in a long-running court case against its former parent company, Arun Jagatramkas Gujarat NRE Coke. But the result is a bittersweet one for the Indian-owned, Wollongong-based coal firm, as it is…
Pro golfer Phil Mickelson dropped a good five percent of his salary on gambling debts in 2012, it emerged in Manhattan federal court on Thursday. In Sept. 2012, Mickelson forked over close to $2 million for gambling debts to professional gambler Billy Walters, according to documents presented at Walters insider trading trial on Thursday. That…
‘It’s a mess’: Watersun Homes collapse leaves pregnant woman, fiance in the lurch Ebony Murner and her fiance Matthew Filmer. Photo: Supplied Watersun Homes was placed in voluntarily administration on Tuesday. Photo: Courtesy of The Bendigo Advertiser Matt Filmer and Ebony Murner in front of their unfinished house in Meredith. Photo: Justin McManus Matt Filmer…
SANTERAMO IN COLLE, Bari, Italy–(BUSINESS WIRE)–The Board of Directors of Natuzzi S.p.A. (NYSE:NTZ) has approved the Full Year 2016 consolidated results. Consolidated net sales in 2016 were 457.2 million, down 6.4% from 488.5 million in 2015. Under constant exchange rates, net sales would have declined by 4.9%. Natuzzis core business (sofas, beds and furnishings) reached…
A board falling-out on the back of a poor first-half result has sparked the sudden resignation of Coventry Groups chief executive after just two years. Peter Caughey, who orchestrated a sweeping restructure of Coventry after relocating the fasteners to gaskets company to Melbourne in 2015, will serve out his six-month notice period on gardening leave.…
Jim Winsett of the BBB. Jim Winsett of the BBB. … Photo by Contributed Photo /Times Free Press. Q. I read and hear advertising from debt relief and repair businesses who claim that they can reduce and settle debt by 50 percent. Is this a true statement or false advertising? A. Clearly exaggeration enters the…
Insolvency: Wollongong Coal is not hopeful it will recover any money from Arun Jagatramka. Struggling miner Wollongong Coal has won a $91 million judgment in a long-running court case against its former parent company, Arun Jagatramkas Gujarat NRE Coke. But the result is a bittersweet one for the Indian-owned, Wollongong-based coal firm, as it is…
QUESTION: My partner and I are both in full-time employment but have struggled with credit card debt following the break-up of a previous relationship. As well as the credit card debt, I have a mortgage of £120,000 on my house at a cost of just under £700 per month. I also have a second charge…
The deadline to file your tax return is quickly approaching. But what if you’re one of the millions of Americans who owes the IRS more money than you can possibly pay? It can happen to anyone – even the most honest taxpayer. You miss something, or you make a mistake. And through no fault of…