Introduction Single court for group Choice of insolvency administrator New coordination proceeding Comment Introduction The Law for the Facilitation and Management of the Insolvencies of Groups of Companies was finalised on April 13 2017 and announced on April 21 2017. It will enter into force on April 21 2018. Contrary to certain requests within German…
From a quiet street in Menai to the sands of Bondi Beach, the largest alleged tax fraud syndicate in the country’s history had somewhat humble beginnings. Adam Cranston, 30, son of Australian Taxation Office deputy commissioner Michael Cranston, was arrested on Wednesday with police alleging he set up and ran the $165 million tax fraud…
Rickmers Group has warned bondholders that the company will face insolvency if they do not vote in favour of financial restructuring plans. Should the noteholders not consent to the proposed resolutions, this would presumably result in the insolvency of Rickmers Holding, the company said in a Q&A on its bond restructuring. Should Rickmers be declared…
ALDEN WILLIAMS/FAIRFAX NZ Tree Children’s Sara Raider declared bankruptcy owing hundreds of thousands of dollars. The strange saga of Nelson’s quirkiest trinket shop has taken yet another twist, with the revelation that its owner ran up debts of more than half a million dollars during Tree Children’s brief period of trading. Sara Raider went bankrupt owing…
Hard-up comedian Tommy Cannon, 78, struggling to pay his £800,000 tax bill Former star admitted that for past decade he had been living ‘hand-to-mouth’ During height of career with Bobby Ball he attracted TV audiences of 20million By Alex Matthews For Mailonline Published: 16:36 +10:00, 19 May 2017 | Updated: 16:46 +10:00, 19 May 2017…
Cannon ‘n Bawl Tommy said that he hasn’t worked since a panto job over Christmas and was struggling to pay off an £8000,000 tax bill TELLY double act comic Tommy Cannon has been declared bankrupt. The Cannon and Ball legend, 78 who made millions as one of ITVs biggest stars yesterday admitted he was skint.…
ALDEN WILLIAMS/FAIRFAX NZ Tree Children’s Sara Raider declared bankruptcy owing hundreds of thousands of dollars. The former owner of Tree Children went bankrupt owing more than $600,000 to an array of creditors, financial backers and artisans, most of whom will never see their money. Sara Raider was the sole director and shareholder of the quirky…
Two directors of a joinery firm which traded while hopelessly insolvent could be disqualified from involvement in companies for between five and 10 years, a High Court judge has said. Mr Justice Robert Haughton said he would hear submissions later concerning what period of disqualifications he would impose on Patrick McGowan and Vincent Fox, directors…
Craig Bergin (31), who made no attempt to disguise himself during the thefts, was captured on CCTV footage of the incidents. He was wearing distinctive blue casts on his two broken arms. Bergin, formerly of Griffith Court, Marino, pleaded guilty at Dublin Circuit Criminal Court to theft at Boots and at Holland & Barrett, both…
Two directors of a joinery firm which traded while “hopelessly insolvent” could be disqualified from involvement in companies for between five and 10 years, a High Court judge has said. Ann O’Loughlin of the Irish Examiner writes that Mr Justice Robert Haughton said he would hear submissions later on what period of disqualifications he would…