A passerby walks past a closed Hertz car rental shop on May 23, 2020 in Paris. Edward Berthelot/Getty Images Hertz said Thursday its restructuring plan has been confirmed by court and it is set to exit bankruptcy on June 30. The exit paves the way for creditors to be paid in full and existing shareholders…
By Matteo Castia Hurricane Energy PLC said Friday that its proposal to restructure the business didn’t get approval at the shareholder meeting that was convened to vote on the plan. The London-listed, oil-and-gas company said the resolution received only 7.7% of the total votes cast and that 32.9% of the company’s issued share capital voted.…
A FINANCE controller dad hid his 500,000 gambling debt from his family – who only found out when he was jailed. David Bradford, 64, stole 50,000 from his employers, racked up countless loans and even remortgaged his home to fund his addiction. 6 Son Adam with mum Denise and dad DavidCredit: PA Real Life 6…
A payroll services boss has been banned for orchestrating a multi-million pound tax avoidance scheme. Leicester-based Scott Rooney was appointed sole director of Magnetic Push Limited in February 2017. The company provided payroll services, trading from an office in Liverpool, and was previously known as The Knowledgeshares Limited and My PSU Subcontractors Limited. Magnetic Push…
KUALA LUMPUR (June 11): The Inland Revenue Board today denied at the High Court here that there was any malice on its part in filing a bankruptcy notice against former prime minister Datuk Seri Najib Razak for owing RM1.69 billion in taxes to the government. Senior tax counsel Norhisham Ahmad said since obtaining the court’s…
Download CSVShow datatableNumber of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days Number of bankruptcies of businesses and institutions (excluding sole proprietorships) adjusted for court sessions days 2017 June 300 2017 July 266 2017 August 231 2017 September 237 2017 October 261 2017 November 251 2017 December 269 2018 January…
David and Adam want to help other gamblers (Picture: PA Real Life) David Bradford, 64, spent years living a secret double life. On April 11, 2014, everything came crashing down when, on his wifes birthday, father-of-three David was jailed for fraud. He had hidden his problem gambling from his family, even as he went to…
published : 11 Jun 2021 at 07:45 writer: AFP US Treasury Secretary Janet Yellen has supported efforts to provide debt relief to poor countries. WASHINGTON: US Treasury Secretary Janet Yellen said Tuesday she was concerned that Chinese lenders could benefit from an international debt relief initiative aimed at poor countries. In April, G20 countries including…
A carer who’d racked up gambling debts claimed over 3,000 in travel costs from the South Tees Hospitals NHS Foundation Trust. Although being eligible to claim the costs, Michael Davies still made over 70 false claims at James Cook University Hospital before he admitted what he’d been doing as staff became suspicious. The 47-year-old claimed…
published : 11 Jun 2021 at 07:45 writer: AFP US Treasury Secretary Janet Yellen has supported efforts to provide debt relief to poor countries. WASHINGTON: US Treasury Secretary Janet Yellen said Tuesday she was concerned that Chinese lenders could benefit from an international debt relief initiative aimed at poor countries. In April, G20 countries including…