Kampala, Uganda | THE INDEPENDENT | Jomayi Property Consultants Ltd, once Uganda’s most prominent real estate company, has been sent into liquidation after being declared insolvent. The order to wind up comes after NC Bank failed to recover sh868,250,000 from Jomayi and petitioned the court to declare the company insolvent and unable to pay its…
Video: Victoria’s Billson’s Brewery enters voluntary administration. Victoria’s Billson’s Brewery enters voluntary administration. We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer Victoria’s Billson’s Brewery has entered voluntary administration after 150 years in business. July 31, 2024 — 5.30pm…
What to Know Ippei Mizuhara, 39, agreed to plea guilty to one count of bank fraud and one count of subscribing to a false tax return as part of a deal with prosecutors. The former interpreter for Shohei Ohtani could face up to 30 years in federal prison under the plea deal. The investigation into…
Australia set to change how you go bankrupt ABC News Read the original article here
Media release 7 August 2024 FY24: a wild ride for insolvencies, latest Corporate Insolvency Index reveals … the turbulence not yet over but more directors turn to restructuring The 2024 financial year was a “shocker” for business insolvencies as the ATO turbo-charged its debt collection activities, according to the latest Corporate Insolvency…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Coca-Cola is selling €1bn of new debt that it may use to help pay potential charges arising from a decade-long dispute with US tax authorities, in which the company could owe $16bn. The proceeds will…
ITSL had filed the insolvency petition against CDEL in September 2023 claiming that the latter had defaulted on the payment of over ₹228 crore. As per the petition, ITSL and CDEL entered into a debenture trust deed in 2019. ITSL agreed to subscribe to non-convertible debentures worth ₹200 crore, whicj CDEL agreed to repay in…
Aussie Tech Start-up Fails After Just Four Sales In Four Years GreekCityTimes.com Read the original article here
On Tuesday (4 June) morning, former Shohei Ohtani interpreter Ippei Mizuhara pled guilty to two federal counts of stealing $17m from Ohtani. Mizuhara fell hard and fast into gambling debt with an illegal bookmaker. His sentencing is set for 25 October. Mizuhara, wearing a dark suit with an untucked shirt and no tie, told Judge…
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