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Daily Archives: January 5, 2018

Oroton battles retail landlords for its future – The Sydney Morning Herald

LiquidationBy Insolvency GuardianJanuary 5, 2018

Next year, luxury fashion group Oroton is due to turn 80. One needs only to think back to the days when mum or granny carried those Oroton silver or gold Glomesh bags on a big night out to get a sense of brand nostalgia.  Whether it survives to mark the occasion now rests with the…

Lord Farmer’s Red Kite metals fund undergoing restructuring – Financial Times

RestructuringBy Insolvency GuardianJanuary 5, 2018

Henry Sanderson January 5, 2018 Michael Farmers Red Kite, which once dominated global copper markets, is being overhauled, according to filings at Companies House. RK Capital Management LLP, the management company that runs the Red Kite funds, is in the process of a restructuring review which may impact its activity in future years, the January…

How Gaming Operators Work With Responsible Gaming – MinuteHack (blog)

GamblingBy Insolvency GuardianJanuary 5, 2018

Gaming operators are responsible for protecting and ensuring the safety of millions of paying customers. While online gaming can be fun and enjoyable, all too often it leads to addiction and debt. As the online gaming industry grows, so too does the social problems related to it. Sports betting is now one of the most…

China’s CDB withdraws insolvency petition against India’s RCom – Business Insider

BankruptcyBy Insolvency GuardianJanuary 5, 2018

FILE PHOTO: A man opens the shutter of a shop painted with an advertisement of Reliance Communications in Mumbai Thomson Reuters MUMBAI (Reuters) – China Development Bank (CDB), the biggest foreign lender to India’s Reliance Communications Ltd (RCom) , on Friday withdrew a petition seeking to drag the indebted telecoms carrier into insolvency. A lawyer…

Unfortunate Kings the poster boys of SA rugby’s ills – Citizen

BankruptcyBy Insolvency GuardianJanuary 5, 2018

By late Friday night, the optimism of the new year mightve taken hold. Maybe the Southern Kings wouldve pulled off a massive coup last night in their first Pro14 game of 2018 by beating Edinburgh on their home turf. If that has happens, they wouldve finally snapped a 10-match losing streak. But it probably wont…

Man jailed for throwing drugs over walls of Lincoln Prison – The Lincolnite

GamblingBy Insolvency GuardianJanuary 5, 2018

A man who threw packages of drugs over the wall into Lincoln Prison has been jailed for two years. Charles Smith was caught on CCTV security cameras as he threw two packages containing cocaine, ecstasy and synthetic cannabis. Andrew Scott, prosecuting, told Lincoln Crown Court that one of the packages was found by a member…

Kansas Counties Help New Residents Pay Off Student Debt – Inside Higher Ed

Debt HelpBy Insolvency GuardianJanuary 5, 2018

Most of the counties in Kansas are offering to pay off up to 20 percent (or up to $15,000 over five years) of the student debt of new residents who hold college degrees, according to CNBC. To qualify for the recruitment perk, which the Kansas Department of Commerce is administering to help give a boost to…

January is busiest month for debt advice – Wiltshire Times

Debt HelpBy Insolvency GuardianJanuary 5, 2018

ADVISORS at Wiltshire Citizens Advice expect January 31 to be the years busiest day for debt advice. They say that people seeking help with their debts generally call for help on the last day of January. Locally, Wiltshire Citizens Advice is expecting 300 people to seek advice on debt this month. Suzanne Wigmore, Chief Officer…

Top stocks in focus on 05 January 2018 – Economic Times

LiquidationBy Insolvency GuardianJanuary 5, 2018

NEW DELHI: Domestic equity markets are likely to see a flat to positive start on Friday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and global cues. Nifty futures on the Singapore Stock Exchange were trading 15 points, or 0.14 per cent, higher at 10,547.50, indicating a positive start for the Nifty50 in…

Business people: Jan. 4, 2018 – delawarebusinessnow.com

RestructuringBy Insolvency GuardianJanuary 5, 2018

Kline_Sheryl-2013 Picture 1 of 4 McCormick named IT manager The City of Newark announced James McCormick accepted the role of manager for its Information Technology (IT) team, succeeding Joshua Brechbuehl, who left the City. McCormick, who joins the City after serving as Chief Information Officer (CIO) for Caroline County, MD, for nearly two decades, will…

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