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Category Archives: Bankruptcy

Bankruptcy: Dubbo is the second highest in the state as tough times hit – Daily Liberal

BankruptcyBy Insolvency GuardianAugust 3, 2018

Dubbo has the equal second highest number of personal bankruptcies in NSW  and the equal eighth highest in Australia. The Personal Bankruptcy Analysis by data analyst company Illion shows the number of bankruptcies in Dubbo are the second highest in the state, equal ranked with Orange. It found 77 people in Orange were declared bankrupt in the…

NCLT admits insolvency petition against apparel brand Provogue – Livemint

BankruptcyBy Insolvency GuardianAugust 2, 2018

Provogue has its own garment manufacturing facilities in Daman and in Baddi, Himachal Pradesh. Photo: Mint Mumbai: The Mumbai bench of the National Company Law Tribunal admitted Provogue (India) Ltd for insolvency resolution on Thursday, making it the fourth company from the textile and garment sector to attempt loan resolution in bankruptcy courts. Reid &…

It’s official: Apple is the first US public company to reach a $1 trillion market value – Recode

BankruptcyBy Insolvency GuardianAugust 2, 2018

Its perhaps a meaningless milestone, but humans love big, round numbers. And when Apples share price hit $207.05 today, it became the first U.S. public company to reach a $1 trillion market capitalization. Not bad for a company that was on the verge of insolvency when its late founder Steve Jobs came back to rescue…

How do we protect holidaymakers from airline failure? Germany may have found the answer – Telegraph.co.uk

BankruptcyBy Insolvency GuardianAugust 2, 2018

Scroll back a few months, to October last year. Monarch, one of the UKs biggest holiday airlines, went bust. For a few days there was chaos: 110,000 people were stranded abroad; hundreds of thousands more, who had booked and paid for future departures, were left without tickets. The CAA, to its credit, and at a…

What happens when you file for bankruptcy? Will you ever get another loan? – Express.co.uk

BankruptcyBy Insolvency GuardianAugust 2, 2018

After making a decision on whether bankruptcy is the right option, there are forms and fees to submit. It costs a total of £680 to apply to go bankrupt, and this is non-refundable unless the application is cancelled before being submitted. Citizens Advice suggest withdrawing money for living costs before submitting the final application. Once…

13% of Welsh Firms Effected by Other Company’s Insolvency’s – Business News Wales

BankruptcyBy Insolvency GuardianAugust 2, 2018

Around 13% of companies in Wales may have suffered a financial hit following the insolvency of a customer, supplier or debtor in the last six months, according to new indicative research from the Welsh branch of R3, the insolvency and restructuring trade body. The Welsh figure is lower than the proportion of UK companies reporting…

SA Model Carla La Reservee’s Billionaire Husband Is In The Dwang – 2oceansvibe News

BankruptcyBy Insolvency GuardianAugust 2, 2018

Related Posts Kevin Cash struck gold during his 20s, managing to build an estimated £500 million (around R8,7 billion) fortune. He was less lucky in the marriage department, but they say the fourth times the charm. His most recent marriage is to South African model Carla La Reservee, with the pair having tied the knot back in…

Three motor racing friends jailed for diverting millions to fund opulent lifestyle – GOV.UK

BankruptcyBy Insolvency GuardianAugust 2, 2018

At Leeds Crown Court [Tuesday 31 July] former company director Jonathan France was sentenced to 10 years, as well as being disqualified as a company director for 12 years. Also at court were his accomplices Jody Firth and Graham Myles Schofield having assisted Jonathan France carry out his dishonest activities. Jody Firth was sentenced for…

Bankruptcy: Orange is the second highest in the state as tough times hit – Central Western Daily

BankruptcyBy Insolvency GuardianAugust 2, 2018

Orange has the equal second highest number of personal bankruptcies in NSW  and the equal eighth highest in Australia. It found 77 people in Orange were declared bankrupt in the 2018 financial year, the highest in three years. The number equalled Dubbo and was only behind Port Macquarie (82) for the highest in NSW. The West…

REVEALED: The company that could save Kimberley Kampers – Northern Star

BankruptcyBy Insolvency GuardianAugust 2, 2018

UPDATE, 2.20pm: FORMER director of Kimberley Kampers Bruce Loxton has revealed Australia’s biggest caravan manufacturer Jayco offered the buy the Ballina business a few years ago. Amid speculation over whether the Kimberley brand might still have a future with the right buyer, Mr Loxton confirmed Jayco had shown serious interest in the company. Gerry Ryan,…

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