UK Supreme Court confirms broad scope of fraudulent trading provision under s.213 Insolvency Act 1986 Mayer Brown Read the original article here
Founded in 1994 as a specialist insolvency and restructuring firm, Friel Stafford continues to be one of the busiest insolvency practices in the country, according to Tom Murray, a partner. “2024 was another very busy year for our insolvency and restructuring teams. “Even in the best of economies, companies face challenges and difficulties, and we…
As soon as it becomes clear the company you work for is winding down and taking your job with it, it’s time to start collecting documentation, like records of employment, T4s and contracts or letters describing your pay, commission and vacation, said Neena Gupta, a Waterloo, Ont.-based partner at Gowling WLG. Read the original article…
Home Entertainment Amitabh Bachchan once went bankrupt and it affected Mukul Dev’s career in Bollywood due to… Do you know that Amitabh Bachchan’s production house had signed Mukul Dev for his… Scroll down to read more. Bollywood actor Amitabh Bachchan is the epitome of versatility. The actor has been contributing to Indian cinema for decades.…
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Motorbike retailer Peter Stephens Motorcycles collapses Inside Retail Australia Read the original article here
PALM BEACH COUNTY, Fla. — Living with debt can be a constant source of stress. “It’s a daily thing. I mean, you wake up thinking about it and you go to bed thinking about it,” shared Denise Phillips, who is managing a debt of approximately $10,000 stemming from medical expenses for a close family member.…
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As grocery inflation outpaces overall inflation for the third month in a row, many British Columbians are finding themselves squeezed and increasingly worrying about debt. Canada’s inflation rate eased in April, following the federal government’s removal of the consumer carbon tax and lower crude oil prices. Despite that, grocery prices saw a 3.8 per cent year-over-year increase…
The collapse of Builder.ai exposes the growing threat of “FOMO investing,” according to an expert in tech growth intelligence. Builder had become one of Britain’s best-funded startups, but is now filing for bankruptcy due to financial problems. The insolvency comes after enormous sums were invested into the business. Big-name backers including Microsoft and Qatar’s sovereign…