Oct 6 Azerbaijan’s mid-sized lender Bank Standard has been declared bankrupt, the Azeri Deposit Insurance Fund said on Thursday. The bank’s license was revoked from Oct. 1 and the fund operated as its liquidator. The fund received 460 million manats ($288 million) in state credits from the central bank on Tuesday in order to give…
Baku, Azerbaijan, Oct. 6 By Anvar Mammadov Trend: Azerbaijans Bank Standard JSC has been declared bankrupt according to the decision, dated Oct. 4, 2016, of the countrys Baku Administrative-Economical Court No1, said the Azerbaijan Deposit Insurance Fund (ADIF) in a message posted on its website Oct. 6. The message said that ADIF has been appointed…
Guidance on where people in the region with money problems should look for sound financial advice is being launched by the North East branch of insolvency trade body R3. The new guide has been published by R3 in response to reports of increasing numbers of unregulated or unlicensed advisors targeting financially distressed individuals by claiming to…
Reports suggest Pascal Duviers company recently filed for bankruptcy (Picture: FameFlynet) A new report has suggested that Kim Kardashians bodyguard Pascal Duvier filed for bankruptcy for his security company ten weeks ago with debts of over 1m. According to Mail Online, the 43-year-old lodged a claim for insolvency for his company ProtectSecurity which has provided security…
* European corporate bankruptcies higher than pre-crisis * EU wants early warning alerts to prevent bankruptcies * Companies to receive support for early restructuring By Francesco Guarascio BRUSSELS, Oct 5 (Reuters) – An external early warning system for companies at risk of insolvency is central to a European Commission’s draft proposal to cut the region’s…
New South Wales is debt free, the Government has said, but the Opposition has questioned its budget priorities. New Total State Sector Accounts figures show the final surplus for the 2015-16 financial year was $4.7 billion – more than $1 billion larger than predicted in the June budget. General government sector net debt fell…
* European corporate bankruptcies higher than pre-crisis * EU wants early warning alerts to prevent bankruptcies * Companies to receive support for early restructuring (adds comment from EBA’s Enria, details) By Francesco Guarascio BRUSSELS, Oct 5 (Reuters) – An external early warning system for companies at risk of insolvency is central to a European Commission’s…
Months before the highly talked about robbery in Paris, Kim Kardashians personal security aide has filed for bankruptcy for his German security company after incurring debts over 1 million (AU$1.5 million). The Daily Mail reported that Pascal Duviers ProtectSecurity firm has racked up debts totaling 1,093,518 (AU$1.6 million), citing documents it obtained from Germany. There…
Kim Kardashian allegedly bound, gagged and left in bathtub during robbery that is likely to change the way celebrities travel and use social media, according to E! News. Kim Kardashians bodyguard Pascal Duvier owes a lot of money. ITS been revealed Kim Kardashians personal bodyguard, Pascal Duvier, filed for bankruptcy for his German security company…
Well, this is interesting timing. On Wednesday, just days after Kim Kardashian West‘s scary robbery, DailyMail.com revealed that her bodyguard, Pascal Duvier, had filed for company bankruptcy this summer. Related: Kim’s Former Bodyguard Says The Robbery Is Karma! According to papers DM obtained, the 43-year-old filed a claim at Heidelberg administrative court in Germany for…