Promoted as a place designed to be “the centre of your world,” Thind Properties advertised the multi-million-dollar Eclipse condo tower in Burnaby, B.C., as a place where owners “would never have to leave home” to find balance. This week, the embattled developer’s own lack of financial equilibrium led a B.C. Supreme Court judge to place two…
£6.2m owed to HMRC by 10 insolvent companies Accountancy Daily Read the original article here
A liquidator has been appointed to Devondale Limited, a construction company owned by the property developers Brian and Anthony Durkan. A special resolution was filed with the Companies Registration Office on January 2 recommending the winding up of the company as it “cannot by reason of its liabilities continue its business”. Insolvency practitioner…
Star on the ropes, top investor Bruce Mathieson warns The Australian Read the original article here
Yorkshire and Humber insolvency activity rises as start-ups activity falls MSN Read the original article here
Yorkshire and Humber insolvency activity rises as start-ups activity falls Business Live Read the original article here
John Barnes, the former Liverpool and England winger, has been declared bankrupt by a Liverpool insolvency court only days after he was fired as manager of Tranmere Rovers. Barnes, 45, gave his occupation as a ‘provider of media services, lately a footballer’. He was declared insolvent and will be discharged on 14 October, 2010. The…
Suntech on the brink as bankruptcy declared RenewEconomy Read the original article here
SINGAPORE – EVCo, the electric van leasing company that went into liquidation in March, has been sold for an undisclosed sum to Pan Pacific Leasing Group. Pan Pacific Leasing, a commercial vehicle leasing company, completed the deal on June 3 to take over EVCo’s fleet of 529 electric vehicles (EVs) and existing leasing contracts. But…
Before its demise, Enron was a large energy, commodities, and services company based in Houston, Texas. Its collapse affected over 20,000 employees and shook Wall Street. At Enron’s peak, its shares were worth $90.75. When it declared bankruptcy on Dec. 2, 2001, shares traded at $0.26. Key Takeaways Enron’s accounting method was revised from a…