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Daily Archives: June 21, 2019

How Debt Consolidation Could Lead to Big Financial Trouble – The Motley Fool

Debt HelpBy Insolvency GuardianJune 21, 2019

Consolidating debt can get you out of financial trouble — but it can also land you in a tough spot. Image source: Getty Images. Consolidating debt is the process of borrowing more money to pay off existing debt. Many people use debt consolidation as a tool to help repay what they owe and to simplify…

$15m owing JUMP! Swim Schools franchisor financials revealed – Inside Franchise Business

BankruptcyBy Insolvency GuardianJune 21, 2019

An operating arm of ailing franchise brand JUMP! Swim School may have been trading insolvent for up to three years, an administrators report has revealed. The report, obtained by Inside Franchise Business, was handed down to Swim Loops Pty Ltd (Swim Loops) creditors last week and details a long-list of issues relating to the brands…

Piper Alderman promotes 27 – Australasian Lawyer

LiquidationBy Insolvency GuardianJune 21, 2019

Piper Alderman has promoted 27 lawyers to senior positions, including four partners and a special counsel. The four new partners are all based in the firms Sydney office. They include two female lawyers and increase the firms partnership to 75 a fourth of whom are female. The firms new partners are Daniel Fitzpatrick, Angelina Kozary,…

Mills Oakley picks up high-profile litigator – Australasian Lawyer

LiquidationBy Insolvency GuardianJune 21, 2019

Mills Oakley has deepened its litigation expertise with the recruitment of a high-profile litigator in Brisbane. Ashley Tiplady has joined the top firm as a partner based in Brisbane, making the move from boutique firm Russells. He also spent a majority of his career at MinterEllison. Tiplady is experienced in large bet-the-farm commercial litigation, defamation,…

How Debt Consolidation Could Lead to Big Financial Trouble – Yahoo Finance

Debt HelpBy Insolvency GuardianJune 21, 2019

Consolidating debt can get you out of financial trouble — but it can also land you in a tough spot. Stack of past due bills. More Image source: Getty Images. Consolidating debt is the process of borrowing more money to pay off existing debt. Many people use debt consolidation as a tool to help repay…

UK shareholder rights being eroded, warns Law Commission review – Financial Times

LiquidationBy Insolvency GuardianJune 21, 2019

The rights of UK shareholders are being eroded by the rise of do-it-yourself investment companies, according to a review by the Law Commission into reforms aimed at boosting corporate governance and transparency. A little-known quirk surrounding the way customers buy shares and investments means that almost no UK investors legally own the shares they buy,…

Judicial trends arise with the Insolvency and Bankruptcy Code – Vantage Asia

BankruptcyBy Insolvency GuardianJune 21, 2019

Abhishek Tripathi and Avantika Shukla look at role of adjudicating bodies in IBCs evolution The Insolvency and Bankruptcy Code, 2016 (IBC), is considered to be among the biggest achievements of the National Democratic Alliance (NDA) government. With the NDA coming back to power, it can be assumed that the IBC will receive a greater push.…

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