Kinetiko Energy has been forced to defend its 2017 annual report after the ASX quizzed the oil and gas explorer over a lack of information provided to the auditor regarding a joint venture. Kinetikos (ASX:KKO) auditor was unable to obtain sufficient evidence to provide an audit opinion on the annual report, leading the ASX to…
BURBANK, Calif., Oct. 16, 2017 /PRNewswire/ — Zetta Jet, a global leader in private international, business and luxury air travel, announced today that Jonathan King has been approved by the Bankruptcy Court to serve as Zetta Jet’s Chapter 11 Trustee, overseeing the company’s restructuring and business affairs. King has retained, subject to Bankruptcy Court approval, the…
If you have student loans, its likely youve received a call, flyer or seen a Facebook FB, +0.45% … Read the full article at: http://www.marketwatch.com/story/what-you-need-to-know-about-the-governments-game-of-loans-operation-2017-10-16
AdvertisementThe U.S. Bankruptcy Court entered an order converting Outer Harbor Terminals Chapter 11 reorganization to a liquidation under Chapter 7. Advertisement The U.S. Trustee assigned to the case requested the conversion order. At the time of its bankruptcy filing, the Company told the Court [T]he Debtor bankruptcy filing coincides with the……
Credit-card and payment processing firm TSYS confirmed Monday that it is having another in a string of restructuring moves, with an undisclosed number of employees losing their jobs. The company, headquartered in downtown Columbus but doing business around the world, said despite the current job losses by individuals, it remains in an overall hiring mode…
Morgan Stanley analyst Adam Jonas published a research note on Monday in which he explored the complexity of Fords restructuring roadmap under the companys new CEO Jim Hackett. Ford has been steadily profitable since the recovery from the financial crisis began and avoided the bailouts and bankruptcies that befell General Motors and Chrysler in 2009,…
On Friday the Federal Trade Commission (FTC), along with 11 states and the District of Columbia, announced Operation Game of Loans, the first coordinated federal-state law enforcement initiative targeting deceptive student loan debt relief scams. This nationwide crackdown encompasses 36 actions by the FTC and state attorneys general against scammers alleged to have used deception and false promises…
A MAJOR corruption probe is under way into the former heads of the Chinese state-owned Guangdong Rising, the owner of recently liquidated Caledon Coal. Chinese media is reporting former chairman of the Chinese state-owned enterprise Li Jinming was handed to prosecutors for investigation after the company’s Australian investments, including Caledon Resources, lost more than $1billion.…
The statistics compiled by GamCare based on clients who used its services in 2015-16 confirmed what many suspected that it is younger, less experienced gamblers who are seeking treatment after getting into difficulties. Its figures show 21 per cent of its clients were in the 18-25 age range and a further 41 per cent aged between 26-35,…
People on the brink of bankruptcy are spending considerably more on gambling, a phenomenon the Salvation Army has linked to the proliferation of online betting companies. The Salvation Army on Tuesday released new data gleaned from its support service MoneyCare, which provides in-depth counselling to about 7,300 people in financial crisis each year. The data…