Demand Notice Served On Registered Email Address Of Corporate Debtor Sufficient To Satisfy Requirement… Live Law Read the original article here
Nearly 1,000 Belgian businesses went bankrupt in April The Brussels Times Read the original article here
Legal action against the operators of Walleys Quarry cannot proceed now that the business has entered liquidation. Newcastle-under-Lyme Borough Council was preparing legal action against Walleys Quarry Ltd for failing to properly control emissions from the landfill in Silverdale, in breach of a court-agreed Abatement Notice. But now that the site operator’s business is in…
It’s rare to see a company founded in the 17th century still operating today, but that was the case for the renowned Hudson’s Bay Company. Once a dominant force that governed what is now Canada for over 200 years, and one of the most legendary businesses in North America, it now finds itself on the…
Builder spent clients’ deposits on renovating his own house and race horses Stuff Read the original article here
I’m 39 and saddled with $25K in student loan and credit card debt. The monthly payments are absolutely crushing me — I don’t even have any retirement savings. How do I manage this mess? MSN Read the original article here
A man who refused to pay a measly $46 speeding fine has ended up racking thousands of dollars worth of debt. In 2016, Peter Prescott received a speeding ticket ordering him to pay $46 (translated to USD) for driving 64km/h in a 50km/h zone. However, he failed to pay the ticket and insisted that he…
A court in Palma has taken over the investigation into two alleged rapes of women, several months apart, committed by a former British tycoon at a five-star hotel in Portals Nous, Calvia. The suspect apparently contacted the victims through a luxury sex services website and both women travelled to the island after arranging to meet…
Animal rights activist Tash Peterson and her partner Jack Higgs have kissed their passports goodbye as the couple declared bankruptcy. The declaration comes after Bicton vet Kay McIntosh won bankruptcy orders against the pair in late April. The orders followed a messy defamation trial between the activist couple and Dr McIntosh, her husband Andrew and…
1. Overview 1.1 Where would you place your jurisdiction on the spectrum of debtor- to creditor-friendly jurisdictions? Until fairly recently, the Dutch jurisdiction was primarily creditor-friendly. The Dutch Bankruptcy Act (“DBA”) primarily aimed to satisfy creditors, rather than providing debtors with a reorganisation mechanism. However, the introduction of the Act on confirmation of private restructuring…