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…
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…
Lohan facing bankruptcy after failing to pay rent on £3.5m London flat Lawyers for the landlord of the property have issued papers Solicitors Child & Child hand-delivered a letter to Miss Lohan Mean Girls actresss financial woes are latest in a string of personal crises By Clemmie Moodie Associate Showbiz Editor For The Daily Mail…
LONDON–(BUSINESS WIRE)–At the 2016 Turnaround Restructuring and Insolvency (TRI) industry awards at the London Hilton, Manolete Partners PLC beat Burford Capital, Harbour Litigation Funding and several other funding companies to win the inaugural award for Insolvency Litigation Funder of the Year. The TRI judging panel comprised many senior executives and leading professionals from across the…
CHICAGO–(BUSINESS WIRE)–Petroleos Mexicanos (Pemex) faces insolvency as a result of heavy taxes, an insufficient support package, and the long-term effects of capex reduction, according to a new Fitch Ratings sensitivity analysis. “The Mexican government’s continued demand for dividends from Petroleos Mexicanos (Pemex) in the form of taxes will force the company to borrow at a…
Firm Appointee/Solicitor appointed as for Company Published Date Grant Thorton Matthew James Donnelly liquidator Four Direct Pty Ltd 21/10/2016 Mackay Goodwin Domenico Alessandro Calabretta liquidator Wunderbar Reo Pty Ltd 20/10/2016 McGrathNicol Robert Michael Kirman administrator Harts Financial Group Pty Ltd 20/10/2016 McGrathNicol Robert Michael Kirman administrator Harts Financial Solutions Pty Ltd 20/10/2016 Ticcidew Insolvency Simon…
State law limits a homeowners rights under a sinkhole policy once the insurer becomes insolvent and the claim goes to the Florida Insurance Guaranty Association, the Florida Supreme Court ruled Thursday. It doesnt matter if the policy was issued before a statute constraining the associations obligation took effect, Justice Charles Canady wrote for a…
A new 15million scheme to help home-owners in serious mortgage arrears has been launched by the Government. The service, called Abhaile, will offer a financial and legal lifeline to those who are deeply indebted and will be free for those who qualify. Before someone can qualify they must be a mortgage-holder who is in serious…
Dive Brief: Dicks Sporting Goods is preparing to bid on bankrupt Golfsmith Internationals U.S. business, challenging an offer from Worldwide Golf Shops (which operates stores under the Roger Dunn Golf Shops, Van’s Golf Shops and Golfers’ Warehouse brands), sources told Reuters. Bids for Golfsmith, which filed for Chapter 11 bankruptcy in…