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Daily Archives: May 1, 2021

Bankrupt Blackburn fraudster tried to hide thousands in his wife’s account – Lancs Live

BankruptcyBy Insolvency GuardianMay 1, 2021

A Blackburn fraudster who had been made bankrupt tried to hide his inheritance by putting it in his wifes bank account, a court heard. Dad-of-three Neil Thomas Maloney was declared bankrupt in December 2015 after he owed creditors a total of 17,848.30. The car parts dealer was due to be discharged from his bankruptcy in…

Lambda School lays off 65 employees amid restructuring – Yahoo Finance Australia

RestructuringBy Insolvency GuardianMay 1, 2021

Nearly a year after its last layoff, online coding bootcamp Lambda School just announced more cuts amid a broader structuring. In a blog post, CEO and founder Austen Allred said that the startup, which raised a $74 million Series C in August, is laying off 65 employees. The roles that were cut span senior product,…

Don’t Miss UK company insolvencies fall to lowest since 1989 – Global Banking And Finance Review

BankruptcyBy Insolvency GuardianMay 1, 2021

By David Milliken LONDON (Reuters) Company insolvencies in England and Wales fell to their lowest level in more than 30 years during the first three months of this year, as government support measures helped businesses hit by the coronavirus pandemic to ward off bankruptcy. Britain suffered its sharpest fall in economic output in more than…

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