Press release: ATB declared bankrupt, Daisy Nijkamp appointed bankruptcy trustees – Stibbe
Press release: ATB declared bankrupt, Daisy Nijkamp appointed bankruptcy trustees Stibbe Read the original article here
Dutch Subsidiary Of Russia’s Alfa Bank Declared Bankrupt
A Dutch court has declared the Russian-owned Amsterdam Trade Bank (ATB) bankrupt after it was caught up in sanctions related to Moscow’s invasion of Ukraine. Amsterdam’s district court issued the ruling on the bank, which is a subsidiary of Russia’s Alfa Bank, in a decision confirmed on April 22 by the Dutch central bank. The…
Former One Nation senator Rod Culleton referred to federal police by Australian Electoral Commission
The Australian Electoral Commission (AEC) has referred former One Nation senator Rod Culleton to the Australian Federal Police to determine if he made a false declaration in nominating for the coming federal election. Key points: Rod Culleton has nominated for a Senate seat at next month’s federal poll The AEC says he did not declare he was an undischarged…
Shock claims Sam Barnett assaulted agent who served him writ – The West Australian
Shock claims Sam Barnett assaulted agent who served him writ The West Australian Read the original article here
Former MFS CEO Michael King declared bankrupt – Business News Australia
Former MFS CEO Michael King declared bankrupt Business News Australia Read the original article here
Michael King of MFS made bankrupt
Michael King, the former equestrian-centre owning head of funds management group MFS, has been made bankrupt in a stoush with the corporate regulator. The bankruptcy was declared on Monday, with a judgment also revealing the Australian Securities and Investments Commission chalked up nearly $15 million in costs fighting multiple cases involving Mr King and other…
Jetts Sydney gym declared insolvent
The Jetts gym in Sydney’s Haymarket is among a rising number of business failures recorded in November. NSW recorded 132 businesses in the state becoming insolvent last month, the highest number in Australia. The Jetts Haymarket gym, one of the largest in the Sydney CBD and a once-popular exercise location, was forced into liquidation owing…
Shenzhen Court Issues Landmark Ruling on Personal Bankruptcy
A court in the southern business hub of Shenzhen has approved China’s first personal bankruptcy liquidation (破产清算), another step forward in building a legal framework that will allow millions of individuals across the country to reorganize their debts and make a fresh start. Hu Xuhui, a local resident who didn’t have enough assets to pay…
Investing in Distressed Hotel Assets – What to Consider – JD Supra
Summary With government support instigated by the Covid-19 pandemic coming to an end, there is an inevitability that some hotel owners will sadly not have the liquidity to continue to operate in the medium term. Eager investors are seeing opportunities and are waiting to deploy capital. We examine the main considerations for investors who are…
Sebi to tweak fit and proper criteria; approves launch of silver ETFs – Business Standard
Markets regulator Sebi has decided to tweak the criteria for determining ‘Fit and Proper Person’ and given its approval for the launch of silver exchange-traded funds (ETFs) in the country TopicsSEBI|silver ETFs|exchange traded funds Markets regulator Sebi has decided to tweak the criteria for determining ‘Fit and Proper Person’ and given its approval for the…