Sometime in 2015, the Supreme Court ruled that a secured creditor must obtain the approval of the insolvency court before he can foreclose a mortgage. Briefly, sometime in 1997, Spouses Rommel Naguiat and Celestina Naguiat and S.F. Naguiat Enterprises, Inc. executed several real estate mortgages in favor of the Metropolitan Bank and Trust Company (Metrobank)…
Prime Minister John Key opened Callactive House in 2013, with then-Wellington City Council councillor John Morrison, and Callactive chief executive Rick Allan. The directors of a failed Wellington call centre who promised to create 2000 jobs have been declared bankrupt. CallActive was put into liquidation earlier this month, following the collapse of its Australian arm. Its Australian-based…
David Menzies Scottish laws on insolvency have been brought together for the first time in a generation as the new Bankruptcy (Scotland) Act 2016 comes into force today. The Act captures all of the amendments made to the primary legislation governing bankruptcy in Scotland, the Bankruptcy (Scotland) Act 1985, including the wide-ranging reforms introduced in…
NEW DELHI: With insolvency professional agencies getting registered, the Insolvency and Bankruptcy Code will become operational from tomorrow. The Code will help quicker resolution of cases and unlock value of assets, Mamta Binani, President, ICSI, the apex body of company secretaries, told reporters here today. “The entire Insolvency and Bankruptcy Code will be functional from…
Prime Minister John Key opened Callactive House in 2013, with then-Wellington City Council councillor John Morrison, and Callactive chief executive Rick Allan. The directors of a failed Wellington call centre who promised to create 2000 jobs have been declared bankrupt. CallActive was put into liquidation earlier this month, following the collapse of its Australian arm. Its Australian-based…
The almost whispered words of a man of obvious previous wealth could barely be heard in the court as homelessness threatened to engulf him. Peter Cullen had represented himself in court. Peter Cullens home at 4, Fairways Park, Stillorgan Rd, Dublin, overlooking a golf course in one of the most desirable locations in Dublin, is…
I have nowhere else and I have no job. The words of a man who had been previously wealthy could barely be heard in the court . Peter Cullens home at Fairways Park, Stillorgan Road, Dublin, overlooking a golf course in one of the most desirable locations in Dublin is worth close on a 1…
Home > Judgments Dismissal of an oral renewal by a Trustee in Bankruptcy appealing the strike out of a claim under sections 23 and 24 of the Matrimonial Causes Act 1973. This was the oral renewal hearing (with a cross application) for leave to appeal the strike out of the claim of a trustee in…