GOLD tycoon James Stunt was branded “appalling” by a judge as he was declared bankrupt despite promising to sell off some multimillion pound artworks. A court heard the 37-year-old playboy, who once bragged about having 200 luxury cars, was unable to pay off his massive debts totalling millions of pounds. 4 James Stunt has been…
So youve decided that consolidation is your best bet for getting a handle on your debt. Consolidating via a personal loan could mean youll pay off high-interest debts, simplify your payments and reduce your debt more quickly. Here are five steps for getting a personal loan for debt consolidation, from checking your credit to closing…
By Christine Lagarde As the G-20 finance ministers and central bank governors gather this week in Fukuoka, they can take inspiration from their host city. Known as Japans startup city, Fukuoka has flourished in recent decades by embracing trade, innovation, and openness. That spirit is needed more than ever to help reduce trade tensions and…
Sir Philip Greens Arcadia Group could take up to two weeks to win over landlords who spurned a planned rescue restructure and stave off the collapse of the business, which employs 18,000 people. The group, which agreed a week-long adjournment of a vote on its rescue plan on Wednesday, is allowed to delay for up…
Sub: Outcome of 13th CoC Meeting of M/s. Southern Online Bio Technologies Limited scheduled on 6th June, 2019. With reference to the subject cited above, I would like to inform you that the 13th CoC meeting got cancelled and will be scheduled again on 17th June, 2019 since the decision on approval of resolution plan…
It is, hereby, informed that Honble National Company Law Tribunal New Delhi Bench, vide order dated May 24, 2019 (copy of order is received on June 06, 2019), after considering Progress Report on Resolution Process by the Resolution Professional, has extended CIRP time period by 90 days i.e. upto September 07th, 2019 in respect of…
Ian Wardle (70), of Bolton, was the CEO and de facto director of the Lifeline Project, a registered charity employing 1,300 employees across 90 sites throughout the country. Incorporated in 1984, the charity provided drug and alcohol rehabilitation services to over 80,000 people across England and Scotland, including a number of prisoners. The charity, however,…
To,The Deputy General Manager,Corporate Relationship Department,Bombay Stock Exchange Limited1st Floor, New Trading Ring,Rotunda Building, P. J. Towers,Dalal Street, Mumbai – 400 001 Ref: Script Code 502223 Ref : Intimation of Second Meeting of Committee of Creditors of Excel Glasses limited under Regulation 30 of SEBl (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) read with…
18,000 Arcadia group workers could be facing redundancy asSir Philip Greens firm delayed a crunch vote on restructuring plans for a week. The company said on Wednesday that it would adjourn a meeting of suppliers, landlords and other creditors voting on seven company voluntary arrangements (CVAs) until June 12. It said this would give it…
At 50, Peter was drowning in debt. He owed $70,000 on five credit cards and had spent years enslaved to hefty interest payments. His marriage had broken down and he was struggling to pay child support for his two sons, now living with their mum. He feared the letterbox with its constant stream of bills.…