On Jan 23, Justice Chionh Sze Chyi ordered privately held operator Tipsy Bird to be wound up following a winding-up application filed by United Overseas Bank. Tipsy Unicorn. Photo courtesy of Sentosa Development Corporation Court documents reviewed by The Straits Times show that UOB is seeking to recover more than SGD96,000 (US$76,000) in debt plus…
Ex-New Haven chief left ‘IOU’ note for police funds stolen to pay $214K gambling debt, warrant says New Haven Register Read the original article here
Ex-New Haven chief left ‘IOU’ note for police funds stolen to pay $214K gambling debt, warrant says Stamford Advocate Read the original article here
Toys ‘R’ Us accused of dishonest behaviour and questionable transactions following insolvency Toronto Star Read the original article here
REVEALED: Latest business liquidations in Logan The Courier Mail Read the original article here
JOHANNESBURG, South Africa – South Africa’s trade ministry said on Friday it would oppose the liquidation of sugar producer Tongaat Hulett, warning of severe consequences for jobs, farmers, and the country’s sugar industry. The 134-year-old Tongaat Hulett is one of South Africa’s biggest sugar millers, with capacity to mill 2 million metric tons. It employs…
The Department of Trade and Industry has reiterated its commitment to efforts aimed at protecting the sugar sector and jobs amid the pending liquidation of sugar producer Tongaat Hulett. This follows concerns of the imminent collapse of the 134-year-old company after another failed attempt to rescue the business. Tongaat Hulett’s closure could devastate KwaZulu-Natal’s local…
The physiotherapist who helped Foday Saidykhan recover from a basketball injury also helped inspire the Toronto teen’s dreams for the future. A summer mentorship program offering the high-schooler a hands-on introduction to a variety of health-care careers and professionals happy to discuss their own schooling further cemented his growing interest in movement and anatomy. With…
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New Delhi, Feb 21 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has proposed a series of amendments to insolvency regulations aimed at enhancing transparency in resolution plan approvals, addressing gaps in insolvency cost disclosures, and streamlining the treatment of delayed claims. In a discussion paper, the regulator emphasised that while the commercial wisdom of…