BROKE: 35 declare bankruptcy in the region in 3 months – Byron Shire News

NORTHERN Rivers residents are starting to pay off their debts as new figures revealed less people declared bankruptcy in 2016. The latest figures from the Australian Financial Services Authority showed 35 bankrupt debtors including nine business-related and 26 non-business related insolvencies in the December quarter. Over the whole year 158 people declared bankruptcy compared with…

BROKE: 35 declare bankruptcy in the region in 3 months – Northern Star

NORTHERN Rivers residents are starting to pay off their debts as new figures revealed less people declared bankruptcy in 2016. The latest figures from the Australian Financial Services Authority showed 35 bankrupt debtors including nine business-related and 26 non-business related insolvencies in the December quarter. Over the whole year 158 people declared bankruptcy compared with…

TD claims Transport Minister is simply watching Bus Éireann ‘head towards insolvency’ – Irish Examiner

There have been some “proper tulips” among the last 17 Transport Ministers but none of them brought Bus Éireann to the brink of insolvency, an Oireachtas Committee has heard. Transport Minister Shane Ross has repeated that it would be “absolutely wrong” of him to intervene in the “nitty gritty” of the Bus Éireann dispute, writes…

Businessman’s wife feared for his life after he fell out with multimillionaire property tycoons the Candy Brothers … – Daily Mail

Billionaires ‘launched a campaign of abuse against Mark Holyoake and family’ Alleged threats began when their luxury property business deal turned sour Mr Holyoake’s wife Emma said she feared Christian Candy might ‘get rid’ of her husband She said three other Candy associates including Scot Young ‘died mysteriously’ Allegations are latest to emerge in £132m…

Abuja Company Wants Heritage Bank Wound Up Over Insolvency, Distress – SaharaReporters.com

An Abuja company has asked the Federal High Court and the Central Bank of Nigeria (CBN) to wind up Heritage Bank and revoke its operational licence, citing what it called the banks financial insolvency. Geonel Integrated Services Limited, a security services company, said in a petition filed at the Federal High Court that Heritage Bank has been showing signs of distress and insolvency in recent…

Insolvency specialists offer companies a free check-up – Norfolk Eastern Daily Press

Andrew McTear, partner at McTear, Williams & Wood. Picture: DENISE BRADLEY Archant A firm of East Anglian insolvency specialists is helping companies diagnose problems earlier after launching one of the UKs most comprehensive business health checks. … Read the full article at: http://www.edp24.co.uk/business/insolvency_specialists_offer_companies_a_free_check_up_1_4908410

Super funds call for government to cover entitlements when company’s goes broke – The Australian Financial Review

The superannuation industry wants the government to cover any outstanding entitlements when a company goes broke but bureaucrats warn it is a bad idea that will cost $800 million over the next four years.  Super funds have called for an expanded taxpayer-funded safety net as part of a Senate inquiry into non-payment of the 9.5 per…