Save You have reached your maximum number of saved items. Remove items from your saved list to add more. AAA The corporate regulator has launched legal action to wind up financial planner Capital Guard, citing serious concerns about the firm’s handling of $17.4 million worth of investor funds. The Australian Securities and Investments Commission (ASIC)…
If your loved one left behind debt, make sure you know how it should be handled before making payments. Hispanolistic/Getty Images With inflation sitting at 4.2% currently and prices on many goods and services rising, many Americans have been forced to turn to credit cards and other forms of borrowing lately to get by. Case…
The compulsory liquidation relates to McMillan Leisure (Scotland) Limited, registered at a Hutcheson Street address. The company directors previously ran the former Pavement restaurant and bar at the address before they announced they were stepping down two years ago. A new unconnected operator now occupies the site. Liquidator appointed to Scottish restaurant company (Image: Getty…
According to reporting by The Advertiser, Adelaide-based company Heartland Wines has “collapsed” and owes $3.6 million. The Advertiser claims that a report to creditors revealed that “Westpac provided Heartland with an overdraft and credit card facility that had blown out to $1.2m by mid June”. Heartland reportedly does not produce wine itself and instead outsources…
Introduction Of the three gateways into a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 – Sections 7, 9, and 10 – Section 10 stands apart as the only route where the corporate debtor itself pulls the trigger. Rather than waiting for a financial or operational creditor to move…
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Georgia Furniture Mart is closing permanently after 40 years of serving the Atlanta metropolitan area, with liquidation sales beginning Thursday at its Norcross and Kennesaw locations. The closure marks the end of a furniture retail era that began in 1986 under the name Underpriced Furniture before rebranding as Georgia Furniture Mart in 2020. Owners Michael…
Lee backs long-term debt relief as Korea moves to embed system – CHOSUNBIZ Chosunbiz Read the original article here
KJ Parker Ltd has gone into voluntary liquidation, leaving 70 creditors across the UK fearing they will never receive the money they are due. Based at the Orion Business Centre in Wide Lane, KJ Parker owes various sums to a raft of other companies. It comes after new figures showed that activity in the UK…