Former Australian supermodel Kristy Hinze may be married to one of the wealthiest men on the planet, but all those billions are no good to her brother Guy Hinze and his wife Lauren who have been forced to place their once successful baby goods emporium business into voluntary administration. A notice on the Bubs Baby…
The Office of the Australian Information Commissioner (OAIC) has kicked off its audit of the Department of Human Services’ controversial Centrelink automated debt recovery scheme. The OAIC revealed in a legal and constitutional affairs senate committee hearing on Friday morning that it had recently sent a letter to DHS outlining its assessment program, the first…
Medical centres and pathology operator Primary Health Care has made a full-year loss of $517 million, after writing-down the value of its medical centres business. The company says it was hit with a non-cash impairment charge of $587 million in relation to its Medical Centres unit and underperforming sites, including the old Symbion sites. It…
While Japans flagship panel maker completed its biggest two-day rally this year on Thursday, bearish bets have climbed toward a record. Japan Display Inc. soared 15 percent this week, boosted by reports of strong quarterly sales of iPhones, which use the companys liquid-crystal displays. But short interest rose to 24 percent of free float as…
By: ENS Economic Bureau | New Delhi | Published:August 18, 2017 4:27 am The government has introduced a new form under the insolvency law to enable a person who has to receive a payment from an insolvent company to seek the claim. This will enable persons such as homebuyers to make claims for undelivered flats…
Aug 17 (Reuters) – Seadrill Ltd * Amendments to certain credit facilities to insulate seadrill partners from seadrill limited’s restructuring * has completed amendments to three secured credit facilities that relate to rigs purchased by Seadrill Partners from the Company that will insulate Seadrill Partners from events of default related to the Company’s likely use…
An Auckland-based business called Very Successful Company Limited will soon cease to exist after it went into liquidation. The company is in the process of being removed from the Companies Office and wound up. Liquidator Douglas Fisher was appointed late last year to liquidate the business but said this was not for financial reasons. “It’s…
The student loan debt crisis has become one of the big moral and political quandaries of our age. 44 million Americans owe over $1.4 trillion in total debt, which is almost double that of total U.S. credit card debt. Even worse, those in debt are young, productive Americans who have to deal with this burden…
For breaking news get our mobile app for free from the Apple app store or the Google Play store. OAKLAND A man allegedly linked to several California bank robberies was hit with three new federal charges this week, court records show. Clayton Quiz Smith, 44, faces 25 years in federal prison for a charge of<br…
Aequitas Capital managed private loans for Corinthian College students OLYMPIA Attorney General Bob Ferguson announced today that Lake Oswego, Ore.-based Aequitas Capital Management must provide nearly 2,000 Washington student loan borrowers more than $7 million in debt relief. A motion was filed in federal court today that, when approved, will allow Ferguson to file an…