After rising from notoriety to public office, a leading voice in the infamous fight against plans for a mosque in country Victoria has been declared bankrupt and has quit her position as a city councillor. Julie Hoskin played a key role in the vocal, but ultimately defeated, campaign to block Bendigo’s first mosque, which drew…
Tesla Inc. TSLA CEO Elon Musk quipped on X that Microsoft Corp. MSFT co-founder Bill Gates could face bankruptcy if Tesla becomes “the world’s most valuable company by far,” escalating their long-running dispute over Gates’ short position in the electric vehicle maker. What Happened: The statement comes as Tesla’s market capitalization stands at $1.251 trillion,…
A decades-old non-profit with a mandate of supporting B.C.’s small businesses abruptly declared bankruptcy – resulting in dozens of employees losing their jobs weeks before Christmas. The president of the board of directors for Small Business BC gave a letter to employees last week, saying an insolvency trustee had been appointed to “begin the bankruptcy…
“The federal government likes to say that it is on the side of small business, yet all we see is more and more businesses go to the wall,” Hunter said. “To keep good businesses thriving, the NSW government needs to take a serious look at lowering payroll tax levels, bed down proper reform of the…
26 September 2024 Creditors successful in direct claims for compensation against directors In 2023 the Supreme Court confirmed in the Mainzeal decision that section 301 of the Companies Act could be used for direct claims by creditors against directors for losses suffered as a result of breach of director duties. This was recently used by…
Getty Images Vice Media plans to cut hundreds of jobs as it stops publishing on Vice.com, according to a memo from chief executive Bruce Dixon. In May, the firm filed for bankruptcy in the US and was bought by Fortress Investment Group. Mr Dixon said Vice plans to “partner with established media companies to distribute…
‘Stop This Now Or…’: Elon Musk Repeats ‘America Could Go Bankrupt’ Warning | U.S. Election The Times of India Read the original article here
FC Barcelona have been declared ‘technically bankrupt’. UEFA via Getty Images FC Barcelona have been declared ‘technically bankrupt’ by a leading Catalan journalist. The Blaugrana are mired in debts repeatedly reported as exceeding €1 billion ($1.075 billion), and had to pull various ‘economic levers’ last summer revolving around the sale of future television rights revenue…
Stock Photo: Getty Images One of Russia’s largest microchip manufacturers, Angstrem (Zelenograd), has been declared bankrupt. Source: The Moscow Times Details: The company has been put under observation, and the decision to declare the debtor bankrupt was made at the request of Zenit Bank on 2 December 2024. As the case file shows, the court…
This article was updated on March 8, 2024 The exit from bankruptcy of Derek Quinlan, the boom-time property investor, has been delayed after a move by his trustee to suspend his discharge. Quinlan, 76, who once owned trophy homes in New York, Mayfair in London and Saint-Jean-Cap-Ferrat on the French Riveria, was due an automatic…