Controversial Sydney businessman Salim Mehajer will return to court in June to continue a bid to have his bankruptcy annulled. A NSW judge on Thursday refused to grant an application for an interim order to “stay” the bankruptcy after Mehajer’s lawyer argued a previous hearing should have been adjourned while his client was in custody.…
Gov. Pete Ricketts smiles during an interview in his office (NTV News) LINCOLN, Neb. Two new studies show that Nebraska has the least state debt per capita and the lowest level of gambling addiction in the nation, and Governor Pete Ricketts praises Nebraska residents for working together to achieve the rankings. Financial responsibility is…
Controversial Sydney businessman Salim Mehajer will return to court in June to continue a bid to have his bankruptcy annulled. A NSW judge on Thursday refused to grant an application for an interim order to “stay” the bankruptcy after Mehajer’s lawyer argued a previous hearing should have been adjourned while his client was in custody.…
WFTV buys $1 million in medical debt to help Central Florida families Medical debt collection haunts one out of every five families in Central Florida. Collection agencies buy their debt for pennies on the dollar and demand payment in full. But now Channel 9 Eyewitness News is doing something about it. Action 9s Todd Ulrich decided to buy $1…
Controversial Sydney businessman Salim Mehajer, whose debts include an $8.6 million tax bill, has suffered a setback in his bid to have his bankruptcy annulled. Justice Michael Lee late on Thursday refused to grant the application for an interim order to “stay” the bankruptcy, ahead of a full hearing of his annulment bid in June.…
Published on 26.04.2018 at 11h54 by AFP European Commission President Jean-Claude Juncker on Thursday urged eurozone countries to honour their promises to provide debt relief to Greece, whose economy is still struggling. We should now focus on the problem of reducing (Greeces) debt. I want all member states to honour (their)…
The panel of experts constituted by the government to review the Insolvency and Bankruptcy Code (IBC) has recommended that the National Company Law Tribunal (NCLT) should have the power to direct the Insolvency Board to propose another liquidator where the resolution professional (RP) does not consent to continue as the liquidator, according to Devidas Banerji,…
The number of people going bankrupt is expected to have jumped in early 2018 as households deal with post-Christmas debts and struggle to stretch credit limits further, according to an audit and restructuring firm. RSM predicts official figures for England and Wales will show a 14% year-on-year increase in the number of people being declared…
FLSmidth is to reorganise its business based around two core industries cement and mining and a new, decentralised regional structure for customer relations, sales, and service. A central digital organisation, headed by the companys new Chief Digital Office Mikael Lindholm, will drive a unified approach to digitalisation. The new organisation will go into effect from…
A town centre doctors surgery has closed with immediate effect after a GP was declared bankrupt. Health bosses have confirmed that the Abbey Surgery on Abbey Street in Accrington closed at the end of last week and that the situation was out of their control. A general practitioner at the surgery – Dr Alec Yolomoni…