Jomayi Property Consultants Ltd, once Uganda’s most prominent real estate leader has been sent into liquidation after being declared insolvent by the High court. The court order to wind up comes after NC bank failed to recover Shs 868 million from Jomayi. It all started in 2018, when John Baptist Ssemwogerere secured a…
He said: “We worked so hard to stay afloat during Covid, changing to doing takeaway afternoon teas, getting meals and supplies to frontline workers. It was a huge effort. We were doing thousands of meals-a-day to support people during the pandemic. “And now, for the government to just turn round and leave us effectively high…
Salih Ozhot applied for a £50,000 Bounce Back Loan to support his business, but ended up using the money for his own personal gain His actions were described by Insolvency Service investigators as “cynical”, “sophisticated” and “pre-planned” Ozhot, who was declared bankrupt in 2021, will have to repay the loan in full A North London…
Fisker’s second electric car company has gone bankrupt Fisker filed for Chapter 11 bankruptcy protection in Delaware “Thousands” of Ocean electric SUVs were delivered before the bankruptcy filing Electric vehicle startup Fisker on Monday filed for Chapter 11 bankruptcy protection with a court in Delaware, just a year after the start of deliveries of the…
Katie Price’s TikTok income suspended amid bankruptcy dispute, judge rules MSN Read the original article here
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Recommended Reading Dive Brief: BurgerFi management has substantial doubt over its ability to continue operating due to the company’s liquidity position and forecast of weak operating results and cash flows, the chain said…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: BurgerFi management has substantial doubt over its ability to continue operating due to the company’s liquidity position and forecast of weak operating results and cash flows, the chain said in a document filed last week…
As many as 30 councils are at risk of bankruptcy and the UK’s local government funding system is “completely broken”, according to a new survey of the sector. Four councils – Slough, Croydon, Thurrock and most recently Woking – have declared themselves bankrupt in recent years, but according to a survey of 47 local authorities…
Katie Price’s income from TikTok has recently faced suspension due to her mounting bankruptcy issues, following directives from the court. This new ruling aims to facilitate the payment of her debts stemming from two bankruptcy declarations, the most recent occurring earlier this year. The 46-year-old model’s TikTok proceedings were halted by Insolvency and Companies Court…
President Ranil Wickremesinghe Central Bank Governor Dr. Nandalal Weerasinghe Treasury Secretary Mahinda Siriwardana Officials way back in April 2022 insisted SL not bankrupt but opted for debt standstill Country continued to honour multilateral debt servicing and borrowed fresh funding, a phenomena not possible if SL was bankrupt Main Opposition SJB scoffs at move by Wickremesinghe…