The new insolvency trading provisions proposed as part of the governments innovation package this week are a win for investors, but also a win for small to medium enterprises. For the government, there is no question the reforms will have the desired effect of encouraging a cultural shift towards sensible risk-taking and a have a…
Bench offers limited and unidimensional explanations to petitioners queries The Supreme Court judgment upholding the new Haryana panchayat law, which limits the voters freedom to choose his own candidate in a participatory democracy, offers limited and unidimensional explanations to questions and issues raised by parties in court. The judgment by a Bench led by Justice…
KUALA LUMPUR: A total of 6,741 Sarawakians were declared bankrupt between 2010 and Oct 31 this year, the Dewan Negara was told yesterday. Minister in the Prime Minister’s Department Nancy Shukri said from the total, 2,371 of them are between the age of 35 and 44 years old. “1,983 cases or 29.42% involved those aged…
Publishing tycoon Robert Maxwell died after falling off his yacht in 1991 He left his widow Betty and seven children laden with nothing but debt Family members have lurched between controversy, financial disaster Daughter Isabel is latest victim of curse after declaring herself bankrupt By Sanchez Manning for The Mail on Sunday Published: 11:35 EST,…
Insolvency Commencement Appointment of a liquidator Priority Onerous property and unprofitable contracts Set-off Challengeable transactions Misfeasance Debt restructuring schemes Accreditation Cross-border issues Insolvency law in the Cayman Islands is principally regulated by the Companies Law (2013) and the Companies Winding Up Rules 2008, which are supplemented by a wide body of case law. The…
Insolvency Commencement Appointment of a liquidator Priority Onerous property and unprofitable contracts Set-off Challengeable transactions Misfeasance Debt restructuring schemes Accreditation Cross-border issues Insolvency law in the Cayman Islands is principally regulated by the Companies Law (2013) and the Companies Winding Up Rules 2008, which are supplemented by a wide body of case law. The…
Video will begin in 5 seconds. More video Recommended Replay video California shooting: 14 dead, multiple shooters Police and FBI officials report that more than 14 are dead and more than 14 are wounded in a shooting in San Bernardino, California. PT2M15S 620 349 Is this the last straw for a city already down –…
Lewis Hamilton might have won the title but Nico Rosberg ended 2015 as the man in front The Formula 1 season ended on Sunday with a third consecutive victory for Mercedes driver Nico Rosberg, but it is important to remember how the year started. There are now questions about just why Rosberg has hit this…
Related Story: Forest contractors may face bankruptcy over Gunns liquidators legal action Australia’s peak forest contractor lobby wants Federal Industry and Innovation Minister Christopher Pyne to include changes to preferential payments in his push for company law overhaul. The liquidators of timber giant Gunns Limited have taken action against forestry contractors…
Guaranteeing part of your offspring’s home loan can help them get onto the property ladder. The Insolvency Service’s “Village of 100 Insolvent Debtors” must be the saddest village in the country. The imaginary village is the way the Insolvency Services which administers bankruptcies, uses to paint the portrait of those who have gone insolvent. Village…