Category Archives: Bankruptcy

Senator Bob Day to return to Senate chamber for ABCC vote despite resignation announcement – The Sydney Morning Herald

Family First senator Bob Day is set to return to the Senate chamber to vote for the government’s industrial relations legislation despite announcing his resignation from Parliament. The South Australian announced his resignation last week after his housing construction empire went into liquidation, but is yet to hand his formal resignation to Senate President Stephen Parry. Previous slide…

Billy Corgan Lawsuit Details Reveal TNA Wrestling Fallout – Pitchfork

Smashing Pumpkins frontman Billy Corgan, previously a producer at TNA Wrestling, was named President of TNAs parent company Impact Ventures in August. Rumors spread about the companys financial troubles and Corgan talked to the press about potentially becoming the majority owner of the company. Last week, Corgan sued Impact Ventures and asked for a temporary restraining order; the details were kept under…

Man who tried to kill council staff jailed – 9news.com.au

A Victorian bricklayer who tried to murder two council workers after they went to his property to inspect illegally constructed buildings will spend at least seven-and-a-half years behind bars. Jonas Black was sentenced in the Supreme Court of Victoria on Monday after a lengthy dispute over the sheds turned violent at his remote bush block…

Bankruptcy Bust: How Zombie Companies Are Killing the Oil Rally – Wall Street Journal

Oct. 23, 2016 5:51 p.m. ET Their owners may be bankrupt, but the sprawling mines of Wyomings Powder River Basin are still churning out coal. It is the same story in oil fields along the Gulf Coast and with shale-gas wells in the Rocky Mountains. Energy investors have long hoped that falling prices would solve…

Insolvency applications double in a year – The Times (subscription)

The number of people seeking debt relief has almost doubled compared to last year, as rules protecting insolvency arrangements from bank objections continued to make themselves felt. The third quarter of the year saw a continued upturn in applications to the Insolvency Service of Ireland (ISI) with 899 people seeking debt arrangements 22 per cent…

Lindsay Lohan is allegedly facing bankruptcy – The West Australian – The West Australian

Bang Showbiz – Bang Showbiz on October 23, 2016, 11:39 am Lindsay Lohan reportedly owes almost £78,000 ($125,000) in rent. It has been claimed that the 30-year-old actress has been issued with court papers by lawyers acting for the landlord of a £3.5 million flat she was leasing in Knightsbridge, London after she failed to…

Lindsay Lohan Facing Bankruptcy After Failing To Pay Rent On Her London Home — And Egor Tarabasov Wants Her … – PerezHilton.com

It’s been a very tough few months for Lindsay Lohan, and whether it’s a hand injury, a particularly damning set of pictures, or an ugly breakup, she’s been in the news quite a bit. Now, she’s back and this time around, things once again look financially bleak for the former child star as she fights…

TNA Lawsuit: New Documents Revealed, Company “Not Insolvent” – WhatCulture

ImpactWrestling Further light has been shed on the long-running, highly unedifying court-battle between TNA and heir-apparent Billy Corgan following Nashville Chancery Court’s unsealing of several key legal documents from the case. The files, unveiled by Chancellor Ellen Hobbes Lyle this Friday, comprise the bulk of the trial’s information, with only the initial complaint and details…

Top Northern Ireland businessman is bankrupt – Belfast Telegraph

Bankrupt: Luke Hasson A prominent businessman and a former director of the now closed Austin’s department store has been declared bankrupt. Luke Hasson was a director of the store for years, and one of the city’s best-known businessmen. Share Go To According to a court listing, the bankruptcy is being taken by Benetton Group, against…

Business Week: Race for post-Brexit spoils hots up – Irish Times

The race to pluck the post-Brexit spoils from the UKs table began to hot up this week. Its been framed as Dublin versus Frankfurt in many quarters, but several other European cities are also vying for pieces of the pie. Chicago-based financial services group Northern Trust will have piqued the ears of the IDA and…