The revised guidance was published by the Australian Securities and Investments Commission (ASIC) to help directors and their professional advisers better understand and comply with their duty to prevent insolvent trading, demonstrated through practical examples. It also provides further details on establishing the safe harbour defence against potential claims for insolvent trading, including the…
This story was originally published on MedTech Dive. To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter. Artificial heart company Carmat has filed for insolvency after failing to raise the money it needed to continue operations, the company said Monday. Carmat began seeking donations in June after attempts to raise…
Developer defends ‘historic’ failures and big debts The Press Read the original article here
The New Zealand operation had licensing rights from Irish company Butlers Chocolates. Kellow and Shephard said Butlers had recently made the decision not to provide further licensing rights for the New Zealand business to operate under its brand. “Therefore, a full rebrand would be required if the company was to continue trading.” AdvertisementAdvertise with NZME.…
The company, which provided installation and services of solar power, pool heating and hot water systems, has ceased trading and staff have been terminated. The first liquidator’s report said Kiwibank holds a General Security Agreement – granting it security interest over the borrower’s assets – and is owed $1.8m. Kiwibank had engaged Ruscoe and Keen…
Spain captain Morata reportedly helps Italian teammate pay off gambling debts with Rolex watch sale MSN Read the original article here
Maverick Gaming Files for Chapter 11 Bankruptcy Protection Casino.org Read the original article here
Debt consolidation for veterans: How to qualify Tulsa World Read the original article here
Debt consolidation for veterans: How to qualify Santa Fe New Mexican Read the original article here
Dr. Phil might not be a real medical doctor, but he sure seems to be good at reanimating his own corpse, because somehow he just keeps coming back from the dead. Just a couple of weeks after his streaming venture, Merit Street Media, filed for chapter 11 bankruptcy, the second-most-embarassing person that Oprah rocketed into…