An investigation into collapsed app-development darling Appster has revealed serious concerns about the companys financials, operation and management, with former clients and employees labelling its work dross and its founders devious. Appster was one of Australias premier app-development companies and a poster child of the Australian startup scene, headed up by young founders Mark McDonald…
Thursday, February 14, 2019 There has always been a tension between protecting the interests of defined benefit pension schemes and insolvency given on the one hand The Pensions Regulator (TPR) seeks to protect the interests of pension scheme members and the Pension Protection Fund and on the other, the insolvency regime seeks to protect the…
In 2012, Dutch entrepreneur Bas Lansdorp launched the worlds first private and crowdsourced-effort to create a permanent outpost on Mars. Known as Mars One, this organization was the focus of a lot of press since its inception, some of it good, most of it bad. While there were many who called the organizations plan a…
Cleaning Up on ITV concluded last night on ITV. For the past six weeks, viewers have been following the story of working-class single-mother Sam (played by Sheridan Smith) who suffered from a gambling addiction. Not only that, Sam got herself into illegal waters by participating in insider trading. So how did the series come to…
Business rescue practitioners for financially distressed Esor Construction said on Thursday that the company can be saved. BDO Business Restructurings optimism revives hope that the civil engineering and construction firm, which went into business rescue in August 2018, can be brought back to life as a going concern. The business rescue practitioners are still of…
Australians were addicted to debt. Now were breaking the addiction. The new question is whether we can survive the withdrawal symptoms. Australians are reducing debt in many places. We are cutting the value of loans but also the number of them. We are borrowing less for investment housing but also for owner-occupier. Were limiting housing…
Sub: Implementation of the Resolution Plan / Capital Reduction This is in continuation of our earlier intimation dated 05th February 2019 regarding resolution plan which was approved by NCLT, Chennai vide its order dated 01st February 2019 under the Provisions of IBC, 2016. Pursuant to the Resolution Plan a capital reduction is proposed and the…
Husband and wife, Dawn and Jacob Goulde, of Hatch End, North West London, were the directors of London and Berkshire Limited. Incorporated in August 2009, the company was concerned with property valuation and surveying. Just six years later, however, London and Berkshire was shut down by the courts in June 2015 following a petition by…
Husband and wife, Dawn and Jacob Goulde, of Hatch End, North West London, were the directors of London and Berkshire Limited. Incorporated in August 2009, the company was concerned with property valuation and surveying. Just six years later, however, London and Berkshire was shut down by the courts in June 2015 following a petition by…
A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice. Redland tradie Jason Quick says he is still chasing payment for dozens of slabs he put down for the Jacobs Well firm, Queensland Shed Market. Mr Quick had been working for the company for four…