> Staff Reporter Windhoek There is a myth that debt consolidation saves interest and you have one smaller payment, but the truth is that debt consolidation is an indication of over-indebtedness which only treats the symptom. Debt consolidation is defined as taking out a new loan to pay off a number of liabilities and consumer…
Former senator Rod Culleton could face jail if he continues to claim he is a federal MP. Picture: AAP Image/Richard Wainwright FORMER One Nation senator Rod Culleton could face jail time for impersonating a government official if he continues to claim he is a federal MP. Nearly a week after he was removed from his…
AIB is pursuing a Dublin solicitor, Barry Lyons, for judgment for 4.7m over alleged unpaid loans. The banks proceedings against Mr Lyons, Garville Road, Rathgar, Dublin were admitted by Mr Justice Brian McGovern on Monday to the fast track Commercial Court. The application to transfer the case was on consent of Mr Lyons, a solicitor…
Fast-food chain Pie Face is heading towards profitability for the first time in a long time, as its receiver flags the business will be sold shortly. But the one-time, high-flying, hot-pie business has left behind a trail of destruction. Liam Bailey says many creditors are unlikely to receive payment out of the receivership. Photo: Justin McManus…
Jan 16 Twintec Ag * Companies of the Kontec Group apply for insolvency protection Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also…
Jan 16 Twintec Ag * Companies of the Kontec Group apply for insolvency protection Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1 Also…
Fast-food chain Pie Face is heading towards profitability for the first time in a long time, as its receiver flags the business will be sold shortly. But the one-time, high-flying, hot-pie business has left behind a trail of destruction. Liam Bailey says many creditors are unlikely to receive payment out of the receivership. Photo: Justin McManus…
By Reuters Published: 00:11 +11:00, 17 January 2017 | Updated: 00:11 +11:00, 17 January 2017 e-mail By Angus Berwick and Toby Sterling MADRID/AMSTERDAM, Jan 16 (Reuters) – Spanish police arrested one of the Netherlands’ most prominent corporate lawyers, Peter Wakkie, on Monday at Madrid airport as part of an investigation into the insolvency of Russian-Spanish…
Jan 16 KTG Energie AG : * Vote on the insolvency plan scheduled for Feb. 3, 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Bankruptcy News ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k…
Bus Éireann has confirmed the company is facing insolvency within 18 months unless decisive actions are taken to reverse losses. The transport providers acting Chief Executive Ray Hernan has told staff the company is facing forecasted losses of 8m for 2016 and warned that, collectively we cannot allow this trend to continue. The company has…