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Daily Archives: November 11, 2020

Aussie icon collapses as border closure leaves $500k debt – Warwick Daily News

LiquidationBy Insolvency GuardianNovember 11, 2020

An iconic Australian retailer based in the heart of Brisbane’s CBD has collapsed into liquidation after the closure of international borders eliminated its largest customer base. UGG & Emu, a long-time tenant in the Queen Street Mall, was placed into liquidation this week after closing its doors on Sunday owing over half a million dollars.…

Restaurateur jailed over lies, dog death – The Canberra Times

GamblingBy Insolvency GuardianNovember 11, 2020

After gambling his way to a $30,000 debt, restaurateur Angelo Ziotas had another bad idea. He turned off the CCTV in the Sydney restaurant Essenza, lit 50 tea candles, dressed up as a home invader and stabbed himself in the back twice. Having also used paper to set alight clothes he’d worn, flames spread to…

Donald Trump’s latest endeavor? Asking his supporters to pay his debts – The Guardian

Debt HelpBy Insolvency GuardianNovember 11, 2020

Donald Trump has set up a retirement GoFundMe. Well, not exactly he doesnt call it a retirement GoFundMe, but his election defense fund. Those donating may believe that the money will be used towards challenging the election result, but may have missed that their contributions are earmarked for paying off Trumps re-election debts. It seems…

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