Former German tennis star Boris Becker says he is surprised and disappointed after being declared bankrupt by a court in London for failing to pay a substantial long-standing debt. Lawyers for the three-time Wimbledon champion pleaded with a Bankruptcy Court registrar to allow Becker a last chance to pay off the debt, which dates back…
By: ENS Economic Bureau | Mumbai | Published:June 23, 2017 1:16 am According to a banker, Bhushan Steel, Electrosteel Steels and Essar Steel cases were taken up at a meeting of bankers and they decided to start the insolvency proceedings. (Source: File) Related News Banks have decided to initiate insolvency proceedings against three steel companies,…
Lenders led by the State Bank of India on Thursday decided to begin insolvency proceedings against Bhushan Steel, Essar Steel and Electrosteel Steels by referring them to the NCLT for recovery under the Insolvency and Bankruptcy Code (IBC). The decision was taken at a marathon meeting chaired by SBI. While Bhushan Steel is in default…
Founder Dan Houston Scandal-hit aid charity gave just 13p in every pound to charity 22nd June 2017 by Robert Armour A controversial charity has been declared bankrupt after spending just 13p in every pound on charitable activities. Uddingston-based Scotia Aid Sierra Leone was reported to the charity regulator in 2015 by a whistleblowing trustee who…
Parma also announced that former Argentina forward Hernan Crespo, who played for the club between 1996 and 2000 and returned in 2010 to end his career there, would become a vice-president. Parma, twice winners of the old UEFA Cup in the 1990s, were declared bankrupt two seasons ago after finishing bottom of Serie A and…
Gary Brooks, already tasked with bringing downtown’s art deco jewel, First National, back to life, is still recovering from an open house last week where thousands got a last glimpse and trusted the developer with some of their precious possessions. The open house, hosted last Friday and Saturday, was a chance for the public to…
The shipping industry has been buffeted by storms recently, causing a wave of consolidation and affecting the legal services required. While shipping lawyers have adapted to the changing tides, the future is shrouded in fog. The past few years have been among the worst in the global shipping industrys history. Too many vessels…
By Associated Press, LONDON Boris Becker was declared bankrupt by a British court on Wednesday after the former tennis player failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last chance to pay a debt that Becker has…
Insolvency and losses ‘to rise as Brexit kicks in’ BelfastTelegraph.co.uk A credit management seminar in Belfast has heard that it is likely that there will be an increased level of company insolvencies and losses as credit risks are “exacerbated by Brexit”. http://www.belfasttelegraph.co.uk/business/news/insolvency-and-losses-to-rise-as-brexit-kicks-in-35852366.html http://www.belfasttelegraph.co.uk/business/news/article35852365.ece/1e12d/AUTOCROP/h342/2017-06-22_bus_32244336_I1.JPG Email A credit management seminar in Belfast has heard that it is…
LONDON German tennis legend Boris Becker, who won six Grand Slam titles, has been declared bankrupt by a London court on Wednesday. Although 49-year-old Beckers lawyers asked the bankruptcy court in the British capital for a last chance to pay off the debt, it was rejected by Registrar Christine Derrett. Beckers lawyers argued that there…