Wednesday, September 28, 2016 The industry occupies the first place in the top of economic sectors marked by the procedure of insolvency between January August 2016 they accumulating approximately 45% of the total of insolvencies recorded at national level, according to an analysis made by CITR. The society with a portfolio of over 850 procedures,…
A new survey says 56 per cent of Canadians are just $200 or less per month away from being unable to meet their debts, but about half seem unconcerned by the problem. The study by MNP Debt, part of the personal insolvency business of MNP LLP, surveyed 1,502 Canadians online between Sept. 6 and Sept.…
MNP Consumer Debt Sentiment Survey reveals Canadians’ feelings and fears about their debt: – Fifty-six per cent now say they are $200 or less per month away from not being able to meet all of their bills or debt obligations each month. – Fifty-two per cent say they are concerned about their current level of…
By Margaret Canning Published 28/09/2016 Share Six-year ban for boss after electrical firm V.H. McDevitt & Son closed owing £1.3m BelfastTelegraph.co.uk A Co Down man has been handed a six-year boardroom ban after his electrical firm went bust owing £1.3m. http://www.belfasttelegraph.co.uk/business/news/sixyear-ban-for-boss-after-electrical-firm-vh-mcdevitt-son-closed-owing-13m-35084324.html http://www.belfasttelegraph.co.uk/incoming/article35084778.ece/22335/AUTOCROP/h342/boardroom.jpg A Co Down man has been handed a six-year boardroom ban after his…
The Government has said it will publish a Bill on creating a judicial council, which would set standards for and examine allegations of misconduct against judges, before Christmas. The introduction of such a Bill has been on priority legislation lists, published by the current Government and the previous Fine Gael-Labour coalition, for more than four…
Within the first thirty minutes of the first Presidential debate, Republican nominee Donald Trump appeared to refer to the now-bankrupt solar company Solyndra, without naming the firm, as an example of the U.S. governments failed energy policies. Trump referred to a solar company that the U.S. had invested in and in true Trump-style called it…
On Tuesday Justice Lindsay Foster put on hold Lowe’s application for a court-ordered winding up until the parties go to arbitration. Wayne Taylor Woolworths’ $1.5 million Masters exit plan is back on track after the Federal Court ordered the company and its US joint venture partner, Lowe’s, to arbitrate their fallout behind closed doors. On Tuesday, Justice Lindsay Foster…
Its plausible to believe that, deep inside Donald Trumps many years of tax returns, which he has declined to make public, a surprise lurks. Heck, we already know him to be a serial exaggerator, at minimum, a person who has testified that his feelings influence his calculation of his net worth. More than one commentator…
Donald Trump h but his companies have. While the distinction is important, the fact that Trump’s companies have declared bankruptcy six times raises doubts about Trump’s business success. And it has hurt him financially. When the Trump Taj Mahal filed for bankruptcy in 1991 a year after it opened Trump had to sell off his yacht and…
I believe Workhorse (NASDAQ:WKHS) is now teetering on the edge of insolvency after indisputably failing its unviable USPS bid attempt. Since my initial report, WKHS fundamentals have deteriorated faster and to a greater degree than even I expected, causing WKHS to lose nearly half of its value. Recently however, investors have become confused again about…