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Daily Archives: August 9, 2018

What to do if you’re dating someone with debt – ABC News

Debt HelpBy Insolvency GuardianAugust 9, 2018

Ah, falling in love! Such a special, happy time. Until it’s not. Dating can be a minefield, with information bombs dropping at every candle-lit corner. And learning about your new love interest’s relationship with money can be a bombshell, especially if they’re carrying a tonne of debt. Imagine: you’re quietly splitting a dessert when they…

Jaypee: SC asks NCLT to deal with insolvency proceeding – Deccan Herald

LiquidationBy Insolvency GuardianAugust 9, 2018

In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak Misra said the limitation…

The spoils of being a partner at an investment bank – Financial Times

RestructuringBy Insolvency GuardianAugust 9, 2018

If you are star banker, the move in the last decade has been to hang out your own shingle. A document filed in the legal fight between boutique bank Perella Weinberg Partners (PWP) and a team of dismissed restructuring bankers shows us why. If you did not read the 2016 FT Big Read, heres a…

Supreme Court asks NCLT to deal with insolvency proceedings against Jaypee group – Economic Times

LiquidationBy Insolvency GuardianAugust 9, 2018

In a setback to the Jaypee group, the Supreme Court today asked the National Company Law Tribunal (NCLT), Allahabad, to deal with the insolvency proceedings against Jaypee Infratech Ltd (JIL) and barred the group or its promoters from participating in the fresh bidding process. A bench headed by Chief Justice Dipak Misra said the limitation…

Creditors lose out after Christchurch car yard goes into liquidation … – Stuff.co.nz

LiquidationBy Insolvency GuardianAugust 9, 2018

GEORGE HEARD/STUFF Tama Skipper is left with a dodgy car he bought from Cars Under $7990 before it closed. Unsecured creditors of a liquidated Christchurch car firm shouldn’t expect to get a cent. Cars Under $7990 Ltd operated a large car yard in Moorhouse Ave and closed in March. In June the company changed its…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

BankruptcyBy Insolvency GuardianAugust 9, 2018

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Personal bankruptcies on the rise, say new federal government figures – Newcastle Herald

BankruptcyBy Insolvency GuardianAugust 9, 2018

NEWCASTLE and Wyong feature heavily in personal bankruptcy figures that show bankruptcies across the country are growing at a rate of almost six per cent a year, well above our population growth of under two per cent. June quarter figures released this week by the federal governments Australian Financial Security Authority show Wyong topping the…

Shortland Waters Golf Club enters voluntary administration amid redevelopment project – Newcastle Herald

LiquidationBy Insolvency GuardianAugust 9, 2018

Golf club enters voluntary administration amid redevelopment project The six new holes under construction next to the old part of the course. The six new holes under construction next to the old part of the course. New holes under construction next to the old part of the course. New holes under construction next to the…

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