IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled. The Herald can reveal that retail giant Gerry Harvey has bailed Mr Tinkler out for a second time, loaning…
IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled. The Herald can reveal that retail giant Gerry Harvey has bailed the former mine electrician from Muswellbrook out for a…
UP TO eight interested parties are negotiating with the liquidator of Ballina caravan manufacturer Kimberley Kampers over the sale of the business. Liquidator SV Partners announced it was accepting expressions of interest up until the close of business on Friday “following which they expect to be working more closely with the parties who submitted the…
Nick Leeson, 51, is best known as the infamous banker who brought down Barings Bank. He is one of the contestants in the Celebrity Big Brother house 2018. But what is his net worth? At his peak in the early nineties, Nick is believed to have earned bonuses of £130,000 on a salary of £50,000.…
A $2.4 MILLION debt has thrust the future of one of Bundaberg’s oldest hotels into uncertainty. Formerly trading as the Grand Hotel Bundaberg, Tomik Pty Ltd was ordered to be wound up by the Federal Court earlier this month after the Australian Taxation Office made an application for it to be put into liquidation in…
IN a sliding doors moment, Nathan Tinklers former right-hand man, Troy Palmer, has been declared bankrupt with debts of more than $21 million, just as word emerges that his former one-time billionaire boss has had his personal bankruptcy annulled. The Herald can reveal that retail giant Gerry Harvey has bailed Mr Tinkler out for a second time, loaning…
Contrary to the old saying; when it comes to financial education less will never be more. As a society, our expectations of what constitutes an acceptable standard of living for our children has risen exponentially. In fact, in the last 10 years child-rearing costs have gone up by 45 per cent, while our household incomes…
Michael DAlessio Another 15 investors have sued former White Plains real estate developer Michael DAlessio, claiming he misrepresented his finances on bankruptcy forms, including gambling debts, in diverting $2.8 million from projects they were financing. DAlessio used his companies to carry out a massive fraud on numerous investors, the bankruptcy court complaint, filed on Aug.…
Steinhoff International Holdings N.V. : UPDATE ON PROGRESS OF FINANCIAL RESTRUCTURING The issuer is solely responsible for the content of this announcement.UPDATE ON PROGRESS OF FINANCIAL RESTRUCTURING Steinhoff International Holdings N.V. (the “Company” and with its subsidiaries, the “Group”) INTRODUCTION In accordance with the Company’s reporting obligations under paragraph (e) of clause 20 of the…
Miami, Florida, Aug. 17, 2018 (GLOBE NEWSWIRE) — ) Getting out of debt problem is easy if you have a clue about what you should do and what consumer rights are there to protect you. And that is what Resolvly LLC wants consumers to do – study the options to clear the debt problem immediately.…