Online casino firms allowed addicted high-flying accountant, 42, to rack up 125,000 debts in massive gambling sprees and offered her bonuses to keep betting Katie, a 42-year-old once successful accountant, gambled on nine credit cards She said that the companies ignored obvious signs of her crippling addiction In a 24-hour spree Katie squandered 53,985 on…
Asset Backed Management Limited was placed into provisional liquidation on 12 April 2019 following an application issued by the Insolvency Service on behalf of the Secretary of State for Business, Energy and Industrial Strategy. The company has been selling asset investment opportunities to members of the public, including corporate bonds and alternative bonds, and was…
Herbert Smith Freehills (HSF) has elevated six Australian lawyers to executive counsel. The six, who follow the six Australian lawyers promoted to partner by the firm last week, are among 27 counsel promotions around the world. Andrew Pike, HSF regional managing partner in Australia, said that the newly promoted lawyers are all incredibly talented. The…
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
TWO Sunshine Coast supermarkets have closed after the business went into liquidation just before the Easter long weekend. The Kawana Island Friendly Grocer and Forest Park Foodstore at Meridan Plains have been listed on the Australian Securities and Investments Commission as in liquidation. The company behind the stores, Yasnis Pty Ltd, is owned by Himanshu…
Restaurateur Gaowei Shi, of Highbury, South Australia, has pleaded guilty to one charge of falsifying company books. An ASIC investigation found that Mr Shi, director of The Crane Japan Restaurant (SA) Pty Ltd, a restaurant in Glenelg, South Australia, had redirected $47,000 from a purchase and sale agreement in December 2015 to sell assets of…
CALGARY (660 NEWS) Would you want to go back to work at age 70 after youve already retired? A debt help expert says many Canadians need to take a hard look at their mortgage and consumer debt before they retire. Laurie Campbell, CEO of Credit Canada says for many seniors outliving their savings is a…
Lampe said Weyerbacher was looking for a partner for the last 18 months as financial issues weighed on the business, a larger regional brewery competing in the saturated, capital-intensive craft beer industry. The restructuring, Lampe said, will allow Weyerbacher to accelerate certain projects, including opening tap rooms, boosting offerings from the Weyerbacher Spirits line and…
CALGARY A research report by AltaCorp Capital shows the number of companies actively drilling in Canada has declined by 40 per cent since the oil price crash of late 2014. The analysis cites industry data which shows only 26 drilling contractorshave been working so far in 2019, 17 fewer than observed in 2014. It says…
Elizabeth Warren wants to wipe away student loan debt for the vast majority of Americans who have it, and make debt-free college a reality for new students. In a new plan detailed on Monday, Warren became the first Democrat running for president in 2020 to detail a sweeping higher education plan with the goal of…