On December 18 during a telephone conversation with Bike Europe MIFA owner and CEO Heinrich von Nathusius denied that there were financial difficulties, as was reported by a local newspaper called Volksstimme. He said, We have paid the final amount of just over 2 million euro last week as part of the finalization of the…
Agencies under ICAI, ICSI see brisk registration in the first month Around 600 senior executives have registered to operate as insolvency professionals (IPs) under the new bankruptcy code, in just a months time. This first set of professionals, who will have to qualify in an online ‘Limited Insolvency Exam’, will…
Government plans to introduce a special court to sensitively handle” mortgage arrears and personal insolvency are facing significant constitutional issues according the Department of Justice. The government legislation programme for autumn 2016 had indicated that the plan would go under ‘Pre-Legislative Scrutiny’ by November 2016. However Fianna Fáil spokesperson on finance, Michael McGrath yesterday said the…
The Department of Justice has urged anyone facing up to mortgage difficulties to engage fully with the courts process to ensure a fair hearing following claims thousands of home repossession orders may be open to challenge. Fianna Fáil has called on the government to take urgent action after the Master of the High Court said…
Fianna Fáil has called on the Tánaiste to take urgent action following claims the Irish Circuit Courts may be incorrectly applying EU law when ordering home repossessions. The Master of the High Court, Edmund Honohan has said that many repossession orders are granted in the Circuit Courts by county registrars who do not have the…
Shares of RSM Tenon Group PLC (LON:TNO) closed at 1.15 yesterday. RSM Tenon Group PLC currently has a total float of shares and on average sees 22,023 shares exchange hands each day. The stock now has a 52-week low of 0.55 and high of 8.3. LSE: Europes Biggest Stock Exchange Europe is undeniably a successful…
The pensions lifeboat is pushing to recover £75m from the administrators of Bernard Matthews, or nearly four times the pension deficit first flagged at the turkey producer. Bernard Matthews was sold in September to Ranjit Boparan, owner of the 2 SistersFood Group, under a pre-pack administration deal where a companys assets, but not liabilities, are…
Latest News Western Sydney Airport to begin operations by 2026 William Villalon appointed President of APL Logistics Marcel de Nooijer appointed Executive VP, Air France-KLM Cargo Paul Coutts joins SingPost as Group CEO Australian line Great Southern Shipping (GSS) Australia filed for insolvency on 23 December 2016, and its creditors will meet in Sydney on…
Fianna Fáil has called on the Tánaiste to take urgent action following claims the Irish Circuit Courts may be incorrectly applying EU law when ordering home repossessions. The Master of the High Court, Edmund Honohan has said that many repossession orders are granted in the Circuit Courts by county registrars who do not have the…
Updated Jan. 4, 2017 4:16 p.m. ET The holiday has been cut short for customers of U.K.-based cruise line operator All Leisure Holidays Ltd. The company, which operates the cruise lines Voyages of Discovery and Swan Hellenic, sought the British equivalent of chapter 11 protection on Wednesday, leading to thousands of canceled vacations. The U.K.s…