The Alba Iulia Court of Appeal cancelled the insolvency of state-owned energy producer CE Hunedoara at the end of May, but the company filed again for insolvency at the end of June. The two-month intermezzo worsened the companys financial indicators as its total debt went up by almost EUR 22.5 million, reports local Profit.ro. The…
Joyce Laboso, the National Assembly Deputy Speaker. PHOTO | FILE By EDWIN MUTAI, [email protected] Sunday, August 28 2016 at 16:44 Farmers have sought the intervention of Parliament in their latest bid to establish the extent of insolvency of Chemelil Sugar Company. Cane farmers from Kisumu and Nandi counties have petitioned Parliament to order forensic audit…
A JUDGE will decide in the coming weeks whether or not a proper environmental order was given to Linc Energy founder Peter Bond earlier this year, directing him to clean up an underground gas project site near Chinchilla. The Queensland Department of Environment issued Mr Bond with the environmental protection order in May, stating it…
Emma Frost, from Bedfordshire, said she was shocked to discover how many charity direct debits were being taken from the bank account of her late father Joseph. An undercover reporter was also expected to meet targets, despite a statement on the Great Ormond Street Hospital Childrens Charity (GOSHCC) website that “our fundraisers are not given…
Dominic Chappell, the former owner of BHS, is planning to put his personal business into administration this week and is restructuring his assets, meaning he could walk away from a substantial tax bill and protect his cash from investigations into the demise of the department store chain. Chappell has lined up David Rubin & Partners…
12:55 26/08/2016 MOSCOW, August 26 (RAPSI) The Moscow Commercial Court declared former Deputy Finance minister of the Moscow region Valery Nosov, who had been sentenced to 14 years and 9 months for embezzlement, bankrupt, RAPSI learnt in the court on Friday. The court introduced a procedure of disposal of property belonging to the ex-official. Bankruptcy…
ONE Nation WA Senator Rod Culleton has hit back at his critics in the face of mounting legal challenges and manoeuvres aimed at forcing his exit from federal parliament. Mr Culleton spoke to Fairfax Agricultural Media as news broke yesterday that former associate Bruce Bell had lodged a new petition in the High Court seeking…
ONE Nation WA Senator Rod Culleton has hit back at his critics in the face of mounting legal challenges and manoeuvres aimed at forcing his exit from federal parliament. Mr Culleton spoke to Fairfax Agricultural Media as news broke yesterday that former associate Bruce Bell had lodged a new petition in the High Court seeking…
(The Source) Suspended chief executive of Croco Holdings, one of Zimbabwes largest automobile dealers, Farai Matsika has been declared insolvent in South Africa. Matsika was declared insolvent by the South African High Court, according to court papers seen by The Source on Wednesday. Matsika was suspended as chief executive of Croco Motors in January this…
Shine Lawyers CEO Courtney Petersen says the company has been working to strengthen its financial reporting. supplied Courtney Petersen, the chief executive of Shine Corporate, says the listed law firm took a hit from the unravelling of Slater & Gordon but reassured the market the company is in a much safer position than Slaters. Speaking for the first…