Disgraced sports scientist Stephen Dank, who oversaw AFL club Essendon’s doping supplements program, has been declared bankrupt. The Federal Circuit Court in Melbourne on Tuesday authorised that $12,745.08 be paid from Dank’s “estate” in favour of ABL Custodian Services, a subsidiary of Bendigo and Adelaide Bank in accordance with the Bankruptcy Act. Dank was given…
A court has declared former presidential contender Cyrus Jirongo bankrupt after finding him unable to pay debts amounting to Sh700 million. Justice Olga Sewe of the commercial division said on Monday that Jirongo’s inability to repay was demonstrated. The money is to be repaid to businessman Sammy Kogo. The judge ordered an official receiver be…
Stephen Dank has been declared bankrupt, according to a report in The Australian. The sports scientist at the centre of the Essendon and Cronulla doping sagas was today reportedly issued a bankruptcy order by the Federal Court after failing to turn up to a hearing. The report says the bankruptcy proceedings were started earlier this year…
Victorians struggling to pay gas and electricity bills will be entitled to more help to help prevent debt and disconnection, under new rules for energy retailers. Flexible payment options, lower tariffs and a six-month debt payment hold for people who have missed paying their energy bills are part of changes announced by the Essential Services…
Former Lugari MP Cyrus Jirongo has been declared bankrupt by a Kenyan court after he has been unable to pay hundred of millions shillings in debt. Commercial Court judge Olga Sewe on Monday made the ruling, following a case in which businessman Sammy Kogo had sued to have Jirongos estate put under receivership after the…
If you have a ticket to fly to Germany on Air Berlin, you may want to call your travel agent before you pack your lederhosen. The budget airline is ceasing operations by the end of the month, according to Reuters. The move is not exactly a surprise, as the company declared insolvency back in August…
Cyrus Jirongo (Photo: Courtesy) SUMMARY Businessman sues former presidential candidate for breaking promise Judge makes the decision after finding that the politician was unable to pay a Sh700 million debt Former Lugari MP Cyrus Jirongo was has been declared bankrupt after a judge found he was unable to pay a debt running into hundreds of…
, ET Bureau| Updated: Oct 10, 2017, 01.21 AM IST On July 15 this year, the board of directors of Gupta Global permitted Piyush Marodia, director of the company to file the necessary application under Insolvency and Bankruptcy Code. MUMBAI: Indias dedicated bankruptcy court the National Company Law Tribunal, Mumbai has admitted Nagpur-based Gupta Global…
Clive Palmers Mineralogy has been ordered to pay a $22m bill owed to a Singapore-based exploration company. BGP Geoexplorer carried out survey work in the Gulf of Papua for Palmer Petroleum, which went into liquidation in July 2016. Mineralogy last month claimed in a Brisbane supreme court trial it was not obliged to pay BGP…
Hythe yacht builder Green Marine goes into liquidation 9 October 2017 From the section Hampshire & Isle of Wight Image copyright Green Marine Image caption Green Marine moved to a state-of-the-art facility at Hythe seven years ago. A boat builder, involved with leading yachting events including the Volvo Ocean Race and America’s Cup, has gone…