Epicure has $5.7M shortfall, bankruptcy trustee says – Times Colonist
Epicure has $5.7M shortfall, bankruptcy trustee says Times Colonist Read the original article here
IBBI moots two-stage approval process to speed up rescue of bankrupt firms
The insolvency watchdog has proposed a raft of regulatory changes, including a two-staged approval process for rescue plans, part-sale of stressed firms and a new mechanism to handle bankruptcy of interconnected entities of a corporate group, to speed up resolutions and prevent the erosion of toxic asset value. In a discussion paper, the Insolvency and…
IBBI moots two-stage approval process to speed up rescue of bankrupt firms
The insolvency watchdog has proposed a raft of regulatory changes, including a two-staged approval process for rescue plans, part-sale of stressed firms and a new mechanism to handle bankruptcy of interconnected entities of a corporate group, to speed up resolutions and prevent the erosion of toxic asset value. In a discussion paper, the Insolvency and…
Australia bank error recipient will not be prosecuted
Getty Images Christine Jiaxin Lee used the error to buy luxury goods, authorities had claimed Australian prosecutors have dropped charges against a Malaysian woman who allegedly withdrew A$4.6m (£2.6m; $3.5m) following a banking error. Christine Jiaxin Lee, 22, was alleged to have spent much of the sum on luxury items, such as jewellery and handbags.…
No COMI? No big deal! Hong Kong courts reaffirm their position on recognition of foreign insolvency proceedings – Taylor Wessing
No COMI? No big deal! Hong Kong courts reaffirm their position on recognition of foreign insolvency proceedings Taylor Wessing Read the original article here
Over 6,000 Swiss companies go bankrupt but start-ups see growth
Significantly more company bankruptcies in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector … Read the original article here
Kitchen Deposit Scammers Shut Down Amid Phoenix Fears
Customers complained they did not receive the kitchens they had paid deposits for to Smart Choice Kitchens Limited and Empire Kitchens and Bathrooms Limited A phoenix company, Connect Kitchens Limited, was suspected of being set up to continue the same operation The three companies, connected by a shared director, were shut down in court following…
Over 6,000 Swiss companies go bankrupt but start-ups see growth
Significantly more company bankruptcies in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector … Read the original article here
Over 6,000 Swiss companies go bankrupt but start-ups see growth
Significantly more company bankruptcies in Switzerland Keystone-SDA Listen to the article Listening the article Toggle language selector … Read the original article here
Why the company account is not your personal piggy bank – and your personal expenses are not tax deductible – MSN
Why the company account is not your personal piggy bank – and your personal expenses are not tax deductible MSN Read the original article here