Two years after his Ralan Group collapsed leaving apartment buyers about $230 million out of pocket, founder William O’Dwyer has been declared bankrupt. Mr O’Dwyer, was made bankrupt on July 28 following a debtor’s petition he made, according to the Australian Financial Security Authority’s National Personal Insolvency Index. Loading… Read the original article here
Related Articles GamCare continues its work on protecting UK gamblers from the risks of consuming gambling-related debts, announcing that it has begun to trail referrals with PayPlan. The harm prevention and treatment support charity has launched a pilot initiative connecting its users with debt advice specialists trained by PayPlan. The need for debt advice has…
If you have a higher education debt, chances are it could affect how much you could borrow for a home loan. There are a lot of people with a lot of Higher Education Loan Program (HELP) and Higher Education Contribution Scheme (HECS) debt in Australia. According to the Australian Tax Office (ATO), there were 2.9…
The debt payment reminders are coming thick and fast for your credit card, your other credit card and maybe a car loan or personal loan, along with home loan repayments. Trying to manage multiple debts can be so overwhelming that its easy to stick your head in the sand. But if you cant make your…
The money was then used to fund losses on other Ralan projects. Problems began to emerge at Ralan in about 2014 when its builder Steve Nolan Constructions went into administration in 2014. Ralan collapsed at the end of July 2019, when Said Jahani, Phil-Campbell Wilson and Graham Killer from Grant Thornton were appointed as administrators…
Latest News Bis has signed a new multi-year contract with GFG Alliances Whyalla integrated mining and steelworks which will see the company continue providing materials handling and export facilities services at the site. Bis will carry on with the movement and processing of bulk materials, iron and steel slag, scrap and semi-finished products at the…
A national fresh food distribution company has gone bust, with its devastated boss blaming snap lockdowns for sending the business to the wall. In2food, which also trades as Yarra Valley Farms Australia, delivered the hammer blow to staff late on Friday afternoon, The Daily Telegraph reports. They were told that receivers FTI Consulting had been…
10:48 16/08/2021 MOSCOW, August 16 (RAPSI) – Ex-Deputy Agriculture Minister Alexey Bazhanov has filed an appeal against his bankruptcy and introducing of related procedures against him, according to the Moscow Commercial Courts records. The Moscow Commercial Court introduced an asset sale procedure against Bazhanov in June. In February, the court initiated debt refunding as to…