The worst is still to come with more insolvencies ahead – The Australian
The worst is still to come with more insolvencies ahead The Australian Read the original article here
CJ establishes insolvency unit at Federal High Court to strengthen service delivery
Justice John Tsoho, Chief Judge of the Federal High Court (FHC), has established an Insolvency Unit to enhance efficiency and improve service delivery within the court. Sulaiman Hassan, the Chief Registrar of the Federal High Court (FHC), announced the establishment of an Insolvency Unit in a statement issued on Sunday night in Abuja. According to…
DNA Tester 23andMe Files Bankruptcy to Sell Firm, CEO Quits
(Bloomberg) — 23andMe Holding Co. filed bankruptcy after it was unable to find a buyer to rescue it from insolvency proceedings and the board of directors rejected a buyout offer from co-founder Anne Wojcicki. The Silicon Valley-based firm will continue marketing itself to investors with the goal of getting at least one binding offer by…
Ant Middleton banned as company director over £1m unpaid tax
The former star of Channel 4’s SAS: Who Dares Wins and his wife Emilie were the directors of Sway and Starting Limited before it went into liquidation at the end of 2022. The Government’s Insolvency Service found that the couple were taking millions of pounds out of the company at the same time that taxes were…
Federal High Court Establishes Insolvency Unit for Efficiency – Voice of Nigeria
The Chief Judge (CJ) of the Federal High Court (FHC), Justice John Tsoho, has established an Insolvency Unit to ensure efficient service delivery. The Chief Registrar of FHC, Sulaiman Hassan, shared this development in a statement in Abuja, Nigeria’s capital. The unit’s creation follows the provisions of the Companies and Allied Matters Act (CAMA), 2020;…
Watchdog to investigate two former figures at bankrupt Woking council | Local government
Two former senior figures at bankrupt Woking council are to be investigated by the UK’s accounting watchdog after it racked up more than £2bn in debt on a failed investment spree. The Surrey council declared itself effectively bankrupt in 2023 after ploughing vast sums of borrowed money into skyscrapers, a luxury hotel and other risky…
Ant Middleton banned as company director over £1m unpaid tax
The former star of Channel 4’s SAS: Who Dares Wins and his wife Emilie were the directors of Sway and Starting Limited before it went into liquidation at the end of 2022. The Government’s Insolvency Service found that the couple were taking millions of pounds out of the company at the same time that taxes were…
Ant Middleton banned as company director over £1m unpaid tax
The former star of Channel 4’s SAS: Who Dares Wins and his wife Emilie were the directors of Sway and Starting Limited before it went into liquidation at the end of 2022. The Government’s Insolvency Service found that the couple were taking millions of pounds out of the company at the same time that taxes were…
Federal High Court Establishes Dedicated Insolvency Unit to Enhance Debt Recovery Process
In a landmark development, the Chief Judge of the Federal High Court, Justice John Tsoho, has announced the creation of an Insolvency Unit aimed at streamlining the debt recovery process in Nigeria. This new initiative, as confirmed by the court’s Chief Registrar, Sulaiman Hassan, is designed to enhance the efficiency of insolvency proceedings and provide…
Puerto Rican power utility files for bankruptcy – Reuters
Puerto Rican power utility files for bankruptcy Reuters Read the original article here