Summercourt Travel in liquidation with almost £1 million debt – Cornwall Live
Summercourt Travel in liquidation with almost £1 million debt Cornwall Live Read the original article here
Indebted developer Sunac China faces liquidation threat in Hong Kong
A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure its offshore debt for the second time, marking the latest drama for China’s cash-starved property sector. The petition was filed by China Cinda (HK) Asset Management and a hearing on the matter has been scheduled for…
Expert tips to tackle holiday debt
(InvestigateTV) — If you overspent during the holidays, you’re not alone. A recent survey by NerdWallet found that 28% of credit card users are still paying off 2023 holiday debt. Leslie Tayne, a debt relief attorney, stressed the importance of taking action now to avoid repeating the cycle next year. She advised starting with a…
Summercourt Travel in liquidation with almost £1 million debt – MSN
Summercourt Travel in liquidation with almost £1 million debt MSN Read the original article here
John Barnes declared bankrupt by a Liverpool insolvency court | Tranmere
John Barnes, the former Liverpool and England winger, has been declared bankrupt by a Liverpool insolvency court only days after he was fired as manager of Tranmere Rovers. Barnes, 45, gave his occupation as a ‘provider of media services, lately a footballer’. He was declared insolvent and will be discharged on 14 October, 2010. The…
Suntech on the brink as bankruptcy declared – RenewEconomy
Suntech on the brink as bankruptcy declared RenewEconomy Read the original article here
EVCo’s electric vans and leasing contracts sold as part of liquidation
SINGAPORE – EVCo, the electric van leasing company that went into liquidation in March, has been sold for an undisclosed sum to Pan Pacific Leasing Group. Pan Pacific Leasing, a commercial vehicle leasing company, completed the deal on June 3 to take over EVCo’s fleet of 529 electric vehicles (EVs) and existing leasing contracts. But…
Enron Scandal and Accounting Fraud: What Happened?
Before its demise, Enron was a large energy, commodities, and services company based in Houston, Texas. Its collapse affected over 20,000 employees and shook Wall Street. At Enron’s peak, its shares were worth $90.75. When it declared bankruptcy on Dec. 2, 2001, shares traded at $0.26. Key Takeaways Enron’s accounting method was revised from a…
Sri Lanka Declares It Is ‘Bankrupt’ As Financial Crisis Deepens
Sri Lanka’s prime minister said on Tuesday that his country was “bankrupt.” One expert blamed government incompetence for the financial crisis ravaging Sri Lanka. Energy minister says fuel supplies have run out and it is now in talks with the IMF about a bailout. Sri Lankan prime minister Ranil Wickremesinghe declared the country “bankrupt” on…
Central Bank to transfer R$28bn to Treasury for debt management | Economy
The Central Bank is set to transfer R$28.16 billion to the National Treasury in 2025 for public debt management, with the funds derived from non-exchange operations in the monetary authority’s 2024 balance sheet. The transfer, which does not affect the primary fiscal result, was disclosed on Wednesday. Mandated by law, the transfer of the Central…