Topbonus, the frequent flyer programme that Air Berlin sold to Etihad, has followed the troubled German carrier in filing for insolvency, leaving its 4.5m customers unable to use their points despite government intervention to keep Air Berlins planes in the air. The frequent flyer scheme has been a separate company 70 per cent owned by…
Sydney madam Jamelie Lahood pursued over tax bills The interior of a room at Stiletto Bordello. Photo: Fiona Lee Quimby The interior of a room at Stiletto Bordello. Ms Lahood is said to owe the NSW government more than $190,000 in unpaid land tax. Photo: Fiona Lee Quimby Preparation to clean a room after the…
The solicitor in this story, John James Kotsifas of Northcote law firm J Kotsifas & Associates, is in no way professionally related to Melbourne solicitor John Andrew Kotsifas of JK Legal Barristers and Solicitors. John Kotsifas appeared to be a typical suburban lawyer, grinding away his hours handling wills and conveyancing in a small office…
The solicitor in this story, John James Kotsifas of Northcote law firm J Kotsifas & Associates, is in no way professionally related to Melbourne solicitor John Andrew Kotsifas of JK Legal Barristers and Solicitors. John Kotsifas appeared to be a typical suburban lawyer, grinding away his hours handling wills and conveyancing in a small office above a Northcote massage parlour. Photo: Vince…
The former clients of the retail FX broker will be notified via email by August 25, 2017 confirming that the Catch Up Distribution payment of 20 pence in the £ has been made to them. The Joint Special Administrators of Alpari (UK) Ltd, the retail FX broker that went insolvent following the Black Thursday events…
Over 30 Queensland-based construction companies have collapsed in 2017, and nearly 450 more are at high to severe risk of failure in the next 12 months, according to insolvency group SV Partners. Insolvency group SV Partners has released its findings in Augusts Commercial Risk Outlook Report. The report analyses industries and regions within Australia where incorporated operating businesses are predicted to…
Paul Harris with Hustler back in 2002 following their Group I win. A Group I-winning horse trainer who had his licence revoked when he was declared bankrupt will take his first runner to the races in five years on Friday. Paul Harris was forming a formidable training record until everything came crashing down in 2012…
NEW DELHI: Hapless homebuyers of Jaypee Infratech Limited moved the Supreme Court on Wednesday seeking relief against a blanket National Company Law Tribunal (NCLT) order staying all proceedings against the company, including those pending before the consumer courts. Their plea was mentioned by senior advocate Ajit Sinha before a bench led by Chief Justice of…
MUMBAI:On a Friday afternoon this month, Milind Kothari looked at his WhatsApp message with a furrowed brow. The India head of BDO, a leading professional services firm, had received a message from his turnaround and business support partner, Sundaresh Bhat, who had just taken over ABG Shipyard as interim resolution professional (IRP) on an order…
The Insolvency Service said this was mainly driven by a fall in IVAs, which fell around 16 percent compared to the first quarter which had the largest quarterly number of IVAs since records began. Bankruptcies during the second quarter increased nearly five percent compared to the same period last year. The Insolvency Service attributed this…