17 September 2018 German yacht builder saved from administration by private equity fund. German yacht builder Bavaria Yachtbau has been bought out of administration by a private equity fund based in Berlin. The manufacturer went into voluntary administration earlier this year and has since been looking for new backers. In a statement released on the…
Sommer & Staff Constructions has announced that it has appointed Trent Hancock of PKF Chartered Accountants as Voluntary Administrator. The Administration of Sommer & Staff Constructions is due to the suspension of its builders licence as a result of experiencing difficulties on a building contract in the West End of Brisbane where sub-contractors are owed…
It’s important to save for retirement. But when you have a big load of student loan debt hanging over you, it’s hard to find the cash both to make your loan payments and to contribute to a retirement plan. That’s why one employer is looking at a novel way to help employees build up retirement…
Co-founder of iCare Housing Stephen Curtis Curtis leaving IMHO for new Home for Life role Independent.ie Co-founder of iCare Housing and well-known consumer finance advocate Stephen Curtis is to leave the non-for-profit organisation to join recently launched mortgage-to-rent (MTR) provider Home For Life. https://www.independent.ie/business/personal-finance/curtis-leaving-imho-for-new-home-for-life-role-37319980.html https://www.independent.ie/incoming/article37320106.ece/b2941/AUTOCROP/h342/Untitled%205.jpg Email Co-founder of iCare Housing and well-known consumer finance advocate…
Adani Ports, Indias largest private sector port operator, and Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai are likely to bid for Dighi Port, which was declared bankrupt by the National Company Law Tribunal (NCLT) in April, according to two people aware of the matter. A subsidiary of South Korean steel giant Posco is also…
Sometimes I feel as though I want to say a little prayer for the Archbishop of Canterbury, Justin Welby. His understandable anger and frustrations at the burning injustices of our times seem to have turned the mind of this priest a little too turbulent. Having helped put it out of business, just as he threatened,…
By Express News Service BHUBANESWAR: The regulatory authority is making all arrangements for implementation of individual insolvency norms in the country as soon as possible, said Insolvency and Bankruptcy Board of India (IBBI) chairman, MS Sahoo. Speaking at a national conference organised by Indian Chamber of Commerce (ICC) on Insolvency and Bankruptcy Reforms: Code Demystified…