ALLY McCoist’s crash shame son has been declared bankrupt two years after being told to cover his victim’s £244,000 payout. The court ruling means skint Argyll McCoist could dodge repaying the bulk of the cash handed to Stephan Murdoch — who was left with a life-changing brain injury. 4 Gers and Scotland legend Ally McCoist…
Homepage > News > Business > Christen Ager-Hanssen notches third bankruptcy in as many countries Chaos agent Christen Ager-Hanssen has been declared bankrupt in his homeland of Norway, the third country to poke holes in the self-proclaimed billionaire’s fantastical claims of entrepreneurial success. Late last month, the District Court in the Norwegian city of Stavanger…
Look before you leap: Avoiding the chaos caused by multiple liquidation applications Cliffe Dekker Hofmeyr Read the original article here
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In this era of globalisation, international trade has significantly increased, where companies have business in multiple jurisdictions. One of the aspects of globalisation is companies falling into insolvency, which leads to overlapping and conflicts of law between countries, creating chaos for the stakeholders. The purpose of the Model Law is to eradicate the impediments and…
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By MS Sahoo Former chairperson, Insolvency and Bankruptcy Board of India In a landmark ruling on May 2, the Supreme Court of India ordered the liquidation of Bhushan Power and Steel Ltd (BPSL) while disposing of an appeal filed in 2020. The court found grave irregularities, some intentional and collusive, in the approval and implementation…
Revealed | Liquidators were appointed to the company last week Darren Campbell (34) announced in March that the FBA Brand Builder would be entering liquidation A controversial ‘brand builder’ had racked up debts of more than £450,000 before the company entered liquidation, it can be revealed. The FBA Brand Builder, run by Darren Campbell (34), previously…
Bipartisan bill would help Ohioans pay off their medical debt, but not eliminate it News From The States Read the original article here
Builder’s future hangs in the balance as liquidation delayed The West Australian Read the original article here