Bankruptcy Archives - Page 1428 of 2962

I lost all of my belongings after being left homeless and bankrupt – now I resort to watching Storage Wars in hopes of finding them again, admits Gail Porter on Good Morning Britain

BankruptcyBy Editor August 28, 2024

Gail Porter has revealed that she lost all of her belongings amid her bankruptcy and homelessness woes. The Scottish TV personality, 53, was declared bankrupt in 2017 and is now a patron of the Fair Credit Charity – which alleviates financial hardship through community lending. Appearing on Good Morning Britain on Wednesday to discuss the…

‘Perfect storm’ wipes out Qld builders: Full list of construction failures – Gold Coast Bulletin

BankruptcyBy Editor August 28, 2024

‘Perfect storm’ wipes out Qld builders: Full list of construction failures Gold Coast Bulletin Read the original article here

Insolvency risk on the rise – Global Directors’ and Officers’ Survey 2024

BankruptcyBy Editor August 28, 2024

Since the pandemic, during which insolvency rates were low due to government measures, there has been a considerable rise in insolvencies in the UK and many other jurisdictions. High interest rates have significantly increased the cost of borrowing and many companies are saddled with mountains of debt that was taken out in better times and…

Australia CFDs broker Probis declared bankrupt, AFS license suspended

BankruptcyBy Editor August 28, 2024

Australia financial regulator ASIC has announced that it has suspended the Australian financial services (AFS) license of Probis Financial Services Pty Ltd, after it was placed into voluntary administration on 17 July 2023. Probis is a Sydney-based financial service provider authorised by ASIC (AFSL 338241) to issue OTC derivative contracts (including Margined FX and Contract…

Bankrupt Birmingham: Why the council went bust

BankruptcyBy Editor August 28, 2024

A deal that would have settled Birmingham’s huge equal pay claims without “bankrupting” the council fell apart after trade unions found members were still suffering discrimination. Birmingham City Council is in financial crisis on multiple fronts. Equal pay claims of up to £760m are among the bills it cannot afford. But since the extent of…

General Atlantic, Prosus Urge Supreme Court to Address Their Concerns in Byju’s Insolvency Case: Report

BankruptcyBy Editor August 28, 2024

General Atlantic Singapore TL Pte Ltd, Peak XV Partners Investments IV, Peak XV Partners Investments V, Sofina S.A., and MIH Edtech Investments are the companies which have reportedly moved the Supreme Court. They hold 16.75% of the issued and paid-up share capital of the company. Read the original article here

Byju’s Investors Push For Supreme Court Review Amid Insolvency Dispute

BankruptcyBy Editor August 28, 2024

Foreign investors in Byju’s have urged India’s Supreme Court to hear their concerns as judges decide on the future of the insolvent education tech firm, a legal filing shows. New Delhi: Foreign investors in Byju’s, including General Atlantic, have urged India’s Supreme Court to hear their concerns as judges decide on the future of the…

BYJU’S Insolvency: Now, Investors Move SC – StartupNews.fyi

BankruptcyBy Editor August 28, 2024

SUMMARY General Atlantic, Peak XV Partners, Sofina SA, and MIH Edtech Investments are among the investors of BYJU’S which have knocked on the doors of the SC Aforementioned investors are seeking the court’s permission to address issues of mismanagement, alleged fund syphoning, financial irregularities, among others Solicitor General of India Tushar Mehta, appearing for the…

Peninsula Eco Villas and Beach Huts in VIC to close after owner RC 1 declared insolvent

BankruptcyBy Editor August 28, 2024

Permanent residents of Peninsula Eco Villas and Beach Huts were told last Thursday the manufactured homes park in Capel Sound, Morning Peninsula, was closing next month after the owner RC 1 was declared insolvent in March. The 28 villa owners were told in early April that they would soon receive an offer for their dwellings,…

Katie Price's ex Alex Reid arrives in court to watch her be grilled over bankruptcy after feud – Daily Record

BankruptcyBy Editor August 28, 2024

Katie Price’s ex Alex Reid arrives in court to watch her be grilled over bankruptcy after feud Daily Record Read the original article here

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