September 20, 2017 - Insolvency Guardian

Global Graphics PLC: Changes in significant shareholdings and notification of transactions in shares by persons … – Nasdaq

LiquidationBy Insolvency Guardian September 20, 2017

PRESS RELEASE REGULATED INFORMATIONChanges in significant shareholdings and notification of transactions in shares by persons discharging managerial responsibility (“PDMRs”) Cambridge (UK) 20 September 2017: Global Graphics PLC (Euronext:GLOG) discloses notification of changes in major shareholdings in the Company’s shares and a notification and public disclosure of transactions by persons discharging managerial responsibilities and…

Berliners set to vote on future of ‘Cold War’ airport – Independent.ie

BankruptcyBy Insolvency Guardian September 20, 2017

“Tegel is a prime example of how Berlin’s future is being gambled away,” said Sebastian Czaja, a local politician who forced the non-binding referendum with a petition drive that collected 250,000 signatures. “Let’s keep the one thing that’s working in this city.” Czaja’s Free Democrat party has made the preservation of Tegel a key issue…

Funds were hidden prior to bankruptcy – Whitsunday Times

BankruptcyBy Insolvency Guardian September 20, 2017

A PROMINENT Proserpine woman concealed more than $58,000 after being served with a bankruptcy notice. Kim Moira Britton, 59, was served with the notice on March 12, 2014 following an unpaid family court judgment compelling her to pay $45,000. Britton made an application for funds to be withdrawn from her superannuation account on March 17…

Fired Tulsa banker committed fraud to pay his bookie nearly $200000, feds say – Tulsa World

GamblingBy Insolvency Guardian September 20, 2017

A former Tulsa banking executive siphoned nearly $200,000 from his employer to pay off gambling debts, federal prosecutors charged Tuesday. Blake Brian Ferguson, 36, was named in a four-count criminal information that alleges Ferguson paid his gambling debts by committing a variety of fraudulent activities while employed at Firstar Bank N.A., where his title was…

Qian Liu in ‘nasty situation’ in row with husband, court told – Newcastle Herald

GamblingBy Insolvency Guardian September 20, 2017

Defence barrister Phillip Boulten, SC, held up his hand and clicked his fingers. “Everything happened just like that. It was very quick, it was a charged atmosphere.” Mr Boulten was describing the moment Qian Liu wounded her husband with a knife during an argument at their Riverwood granny flat in January 2016. Ms Liu is…

NSW Police to combine CIO, CTO roles – iTnews

RestructuringBy Insolvency Guardian September 20, 2017

The NSW Police Force is restructuring its IT division and will shortly amalgamate the roles of its two technology leaders. The restructure is happening alongside a wider overhaul of NSW Police’s executive structure that began in August 2016, and pre-empts a once-in-a-generation re-engineering that is aimed at future-proofing what is Australias largest police force. A spokesperson told…

99 Cents Only Stores Hires Advisers to Help Restructure Debt – Bloomberg

Debt HelpBy Insolvency Guardian September 20, 2017

99 Cents Only Stores has hired Guggenheim Partners to help restructure its $1 billion in debt, according to two people with knowledge of the matter, becoming the latest retail chain seeking assistance with a borrowing wall. The deep-discount retailer, which was taken private by Ares Management and Canada Pension Plan Investment Board in 2011, also…

New Threat Emerges For Air Berlin Rescue Deal – Aviation Week

BankruptcyBy Insolvency Guardian September 20, 2017

The Air Berlin bankruptcy reached a new level of complexity and uncertainty, after a creditor filed an application to declare Austrian subsidiary Niki bankrupt as well. The legal action, if successful, would likely torpedo previous rescue efforts and lead to the collapse of most, if not all, proposed transactions by potential investors to pick up…

These seven simple tips will help your teens keep track of their cash plus get a free fiver from our rewards club – The Sun

Debt HelpBy Insolvency Guardian September 20, 2017

sun savers Collect 28 Sun Savers codes and we’ll give you £5 with no limit to how much you can earn YOUNG, footloose, fancy-free…and broke? You are not alone. Worrying new figures show more young people than ever are seeking help for serious debt problems. Getty – Contributor We share our tips to help your…

Amrapali homebuyers move Supreme Court against insolvency proceedings – Hindustan Times

BankruptcyBy Insolvency Guardian September 20, 2017

Hassled homebuyers who had invested in Amrapali Group projects moved the Supreme Court on Wednesday against the insolvency proceedings initiated against the real estate firm. The petition, filed by Bikram Chatterjee and 106 others, says the company has neither given them possession of flats nor returned their hard-earned money spent to book homes in the…

Daily Archives: September 20, 2017