09:56 09/11/2016 MOSCOW, November 9 (RAPSI) – The Commercial Court of North-West District has upheld a lower courts decision refusing to recognize ex-CEO of JFC Group Vladimir Kekhmans bankruptcy, declared by the High Court of London, valid in Russia, according to court records. On August 3, the St. Petersburg Commercial Court ruled that Kekhman…
Wednesday, November 9, 2016 Three out of four companies in the consumer goods sector (FMCG) have above average insolvency risk in the next 12 months, according to a market analysis presented by Coface and EY. According to the document Analysis of consumer goods with big circulation speed (FMCG)made by the international credit insurance company Coface…
09:56 09/11/2016 MOSCOW, November 9 (RAPSI) – The Commercial Court of North-West District has upheld a lower courts decision refusing to recognize ex-CEO of JFC Group Vladimir Kekhmans bankruptcy, declared by the High Court of London, valid in Russia, according to court records. On August 3, the St. Petersburg Commercial Court ruled that Kekhman…
The widow of underworld figure Carl Williams has been declared bankrupt by the Federal Court. The court on Tuesday ordered that the estate of Roberta Merieca Williams be sequestrated, following an application by the deputy commissioner of taxation. Registrar Daniel Caporale ordered that costs of $7203 be paid from the estate. By November 08, 2016…
If you think the pollsters are inaccurate these days, you should see the bookies. Australian sports betting agencies had Donald Trump at odds of $10 or longer to be U.S. president when he first ran for the Republican nomination. When Trump secured what most thought was an unlikely nomination, he was still very much the…
Last Updated On 08 November,2016 07:23 pm Pakistani Embassy in KSA is also not coordinating over the matter, complains the workers DAMMAM (Web Desk) Pakistani citizens living abroad have been left to endure the hardships and unforeseen austerity once again as yet another company within Kingdom of Saudi Arabia (KSA) declares bankruptcy. According to details,…
The refinery RAFO Onesti filed for insolvency again, five years after the company had managed to exit a seven-year restructuring process, in 2011. On October 27 this year, Bacau Court approved the insolvency request of RAFO Onesti appointing Casa de Insolventa Transilvania (CITR) as the judicial administrator, reports local Profit.ro. At the end of last…
Roberta Williams, the former wife of gangland killer Carl Williams, has been declared bankrupt after the Australian Tax Office pursued her for almost $300,000 in unpaid taxes in the Federal Court. The court handed down an order on Tuesday morning that backdated Ms Williams’ bankruptcy to May 17 and allowed the ATO to claim costs of $7203.80…
Minister of Justice, Abubakar Malami Formal insolvency law procedures are usually collective and centralised, overriding certain pre-insolvency agreements in order to achieve laid down objective(s) for the benefit of all creditors. In contrast, arbitration favours privity of contracts and party autonomy. Parties agreement to arbitrate their dispute is considered as sacrosanct regardless of the circumstances.…
Roberta Williams, the former wife of serial killer Carl Williams, has been declared bankrupt after the Australian Tax Office pursued her for almost $300,000 in unpaid taxes in the Federal Court. The court handed down an order on Tuesday morning that backdated Ms Williams’ bankruptcy to May 17 and allowed the ATO to claim costs of $7203.80 against her…