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Daily Archives: March 5, 2018

Insolvency administrator rakes in close to 3m in six months – Eng.Lsm.lv

BankruptcyBy Insolvency GuardianMarch 5, 2018

Armands Rasa, the insolvency administrator of Trasta Komercbanka, has been paid 2.9 million for his services, as creditors who have little chance of recovering their assets have voted to pay Rasa 30% of the recovered money, reported LTV’s De Facto March 4. “Please explain to me how you can earn so much money in such little…

Debt Consolidation Credit Card Debt Relief An Option For Many Today – Digital Journal

Debt HelpBy Insolvency GuardianMarch 5, 2018

LOS ANGELES, CA, March 05, 2018 /24-7PressRelease/ — Debt consolidation and credit card debt relief programs have become increasingly sought after and used by more Americans as they seek to gain a more stable financial footing and a leg up in today’s economy. The reality is that many more still can benefit from these debt…

Real estate giant McGrath faces ASX review – The Sydney Morning Herald

GamblingBy Insolvency GuardianMarch 5, 2018

The company confirmed on Friday that the companys three remaining directors will resign on February 19, four days after the companys interim results are released.Fairfax Media revealed the Waterhouse-led wagering company William Hill Australia had been extending large lines of credit to Mr McGrath, who bets under a pseudonym and incurs average gambling losses of…

CMB wants P650 million from Bona Life CEO Vaka – WeekendPost (press release)

BankruptcyBy Insolvency GuardianMarch 5, 2018

Home » News » General » CMB wants P650 million from Bona Life CEO Vaka Publishing Date : 05 March, 2018 Author : UTLWANANG GASENNELWE Gaborone based attorney, Gabriel Kanjabanga of Kanjabanga and Associates, has, when representing Capital Management Africa (Pty) Ltd (CMB) and Rapula Okaile unearthed that the current value of Bona Life is roughly…

Bankruptcy claim against Yashma co-owner Mavlyanov reaches court – RAPSI

BankruptcyBy Insolvency GuardianMarch 5, 2018

10:56 05/03/2018 MOSCOW, March 5 (RAPSI) Yury Burlyak, property manager for the co-owner of Yashma group Igor Mavlyanov, has asked the Voronezh Region Commercial Court to declare the entrepreneur bankrupt, the court documents read. In November 2017, the court granted a motion to initiate the procedure of debt restructuring against Mavlyanov. The applicant in this…

China sets growth target of 6.5% as debt crackdown continues – Business Insider Australia

Debt HelpBy Insolvency GuardianMarch 5, 2018

Chinas 2018 growth target is in line with last year, amid plans for tighter government spending. The announcement was made Chinese Premier Li Keqiang in an address to the National Peoples Congress. As part of the Congress, delegates will remove the term-limit for President Xi Jinping, clearing the way for him to rule indefinitely. China…

Royal Exchange undertakes corporate restructuring – Vanguard

RestructuringBy Insolvency GuardianMarch 5, 2018

Celebrates centenary By Rosemary Onuoha ROYAL Exchange Plc has announced plans to undertake a corporate restructuring of its key operations even as it unveils plans to mark 100 years of operations. Group Managing Director, Alhaji Auwalu Muktari, disclosed this in a parley with insurance journalists in Lagos last week, saying, the restructuring…

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