AMERSHAM, England–(BUSINESS WIRE)–Today, the law changes to allow the reforms under LASPO (Legal Aid, Sentencing Punishment of Offenders Act 2012) to apply to insolvency proceedings. It will fundamentally improve the way cases are resolved for creditors, with significantly greater returns and more rapid resolutions compared to CFA/ATE cases. The reform, instigated by the Ministry of…
Ontario Licensed Insolvency Trustee and Accountant John Adamson of Adamson & Associates Inc. Explains Why He Is in Agreement With The Office of the Superintendant of Bankruptcies Directive No.33, Which Changes the Title “Trustee in Bankruptcy” to “Licensed Insolvency Trustees.” ST THOMAS, ON–(Marketwired – April 05, 2016) – As of April 1, 2016, all trustees…
Steilmann SE : * Insolvency of corporate group companies * APANAGE Fashion Group GmbH as well as Klaus Steilmann GmbH & Co. Kommanditgesellschaft will immediately file for insolvency on grounds of illiquidity with respective local courts having jurisdiction over these * Respective german subsidiaries of APANAGE Fashion Group GmbH and Klaus Steilmann GmbH & Co.…
Associated Press/Susan WalshIn this photo March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building in Washington. See Also The IRS just paid out a record $40 billion in tax refunds in a single day Taxpayers have 4 extra days to file in 2016 here’s what that means for you Why…
TWO pubs with hundreds of years of history between them have closed suddenly when the landlord went bust. The Old House At Home, in Locksway Road, Milton, and the Invincible, in Wickham Street, Portsea, shut unexpectedly yesterday. Both pubs are owned by Enterprise Inns and they were being run by entrepreneur Steve Lant, 38, from…
A retired U.S. tax judge and her husband have been charged in Minnesota with cheating the government of $400,000 in taxes in a scheme that treated personal spending such as jewelry, pilates classes and overseas vacations as business expenses, prosecutors said on Monday. A federal grand jury indicted Diane Kroupa and Robert Fackler on charges…
Published 05/04/2016 Phyllis Agnew, a senior partner at Tughans, presented the award for Outstanding Service to Business to Jonny Cooke of Peninsula Care Services last year. They were joined by Christine Wright and Jayne Deasy from British Airways Patrick Brown Patrick Brown is managing partner at law firm Tughans – sponsor of the Best Small/Medium…
A group of investors in Aspen Kitchen has taken legal steps to dismiss its bankruptcy on the grounds that it was filed without their consent and reflects a power struggle in the companys ownership structure. Separate motions were filed Thursday by AH DB Kitchen Aspen Investors and Hanford Holdings, both of which claim to have…
©Bloomberg The Puerto Rican government has opened 600 accounts at a commercial bank in a desperate attempt to maintain essential services as the islands de facto finance authority teeters on the brink of default. The move was seen as a quick fix for the Commonwealths Treasury and public agencies to protect themselves from the Government…
The Lougheed family knows only too well Albertas glorious booms as well as its painful, discouraging, and devastating busts. There has been a member of the family in the law in Calgary in every generation since 1882. Lougheed knows this city and the province like few others. He says law firms are not immune to…