Daily deals provider Groupon Inc. GRPN continues to exit international markets as a part of its restructuring plans. Fave platform developer KFit Group which acquired Groupon Indonesia in August recently acquired Groupon Malaysia. However, financial terms of the transaction were not disclosed. Last September, Groupon announced the restructuring plan under which it not only started…
A FORMER chairman of the Wye Valley NHS Trust resigned after being made bankrupt earlier in the year, it has been revealed. Museji Takolia stepped down as the chairman of the trust which runs hospitals in the county last month. The Individual Insolvency Register shows that Mr Takolia was declared bankrupt in July of this…
Shipments of discrete graphics cards for desktop PCs have shrunk by nearly two times since 2007 and competition between vendors intensified in the recent years. As a result, some companies have tried to diversify their business while others have had to leave. Last week Point of View BV, which was a known supplier of graphics…
Nov 28 Moscow Exchange: * Says trading in Russian Navigation Technologies shares is suspended as of Dec. 1 due to the fact that Russian Navigation Technologies has been declared insolvent * Announces delisting of Russian Navigation Technologies shares as of Dec. 9 Source text – bit.ly/2fEoN8N Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also…
Ex-Liverpool and Ireland defender Steve Staunton has been declared bankrupt. A series of documents filed with courts in Britain have revealed that the 47-year-old was declared bankrupt in April this year, with the period of bankruptcy to last until April 15, 2017, report the Coventry Telegraph . Staunton earned more than 100 caps for Ireland…
The Australian retail stockists of Endless Jewelry have been advised it will be business as usual despite the company filing for bankruptcy in Germany. German Insolvency Register records indicated that Endless International GmbH, which is headquartered and registered in Germany, initiated insolvency proceedings on 18 November. A statement issued by Endless International GmbH confirmed…
The Barnett Government is on a collision course with the WA Police union over its proposed new workers’ compensation scheme for serving officers. Police Minister Liza Harvey has released details of a comprehensive scheme she insists will deliver compensation for police officers in line with other employees. But the police union is adamant…
Analysts have said the collapse of Dick Smith was as much to do with poor governance as economic conditions. Jessica Hromas Listed companies are up to 50 per cent more likely to fail than private companies because they are structured in a way that encourages them to take more risks, according to a Reserve Bank…
Former Ireland player and manager Steve Staunton was declared bankrupt in April Picture: Damien Eagers Former Ireland football manager and international player Steve Staunton has been declared bankrupt in the UK. Documents filed with the courts in Britain show that Mr Staunton (47), who is originally from Co Louth, was declared bankrupt in April of…
NEW DELHI: Putting in place the operational framework for insolvency and bankruptcy law, IBBI is being assisted by two advisory panels with inputs on various aspects, including on service providers and corporate liquidation. IBBI has been set up under the Insolvency and Bankruptcy Code that seeks to consolidate and amend laws relating to reorganisation as…