An astounding 77 per cent of SMEs reported being happy to work as a business owner for their entire working career, but many don’t realise how short lived their working career might be, a new survey has found. A recent survey of over 2,000 ServiceSeeking users found that a vast majority are operating at the…
At the height of the mad cow disease scare, from the confines of his prison cell, former “young businessman of the year” Martin Evans came up with an audacious ostrich-meat scam which robbed some pensioners of their life savings. Before he became a drugs kingpin, smuggling millions of pounds worth of cocaine and ecstasy pills…
It’s the iron ore mine that has spent more time under water than in production. The Cockatoo Island mine sits off the remote West Kimberley coast, 2,000km north of Perth. The mine’s main deposit sits below sea level, behind a seawall. Constant maintenance and dewatering is needed to prevent more seawater from seeping in, costing…
Michael Allen, 64 of Ashbourne, Derbyshire, was a director of Allen and Hunt Construction Engineers Limited, a specialist company in manufacturing and erecting steel-framed agricultural and industrial buildings. In July 2014, one of Allen and Hunt Construction Engineers Limiteds workers was carrying out repairs on a farm building in Buxton, when they fell through the…
Dutch rooftop farm declared bankrupt Based on your current location, we selected the Oceania edition of FreshPlaza.com for you I want to remain in this edition Please click one of the other regions below to switch to another edition. Read the full article at: http://www.freshplaza.com/article/197838/Dutch-rooftop-farm-declared-bankrupt
Roberta Williams makes tilt at federal politics exit Convicted drug trafficker and gangland widow Roberta Williams could appear on ballot papers at the next federal election despite being bankrupt and ineligible to run. Ms Williams, 48, announced on Monday that she was entering politics as a candidate for the Australian People’s Party to run against…
License: Creative Commons CC0 BELGRADE (Serbia), July 6 (SeeNews) – Serbia’s Bankruptcy Supervision Agency is inviting bids for the purchase of assets of insolvent pharmaceutical company Jugoremedija, the agency said. The estimated value of the assets of Jugoremedija for sale stands 3.887 billion dinars ($38.6 million/32.9 million euro), the Bankruptcy Supervision Agency said in a notice earlier this week. According…
The Insolvency Service of Ireland (ISI) conducted more than 300 investigations last year into cases where it suspected people going through bankruptcy had not declared assets or had illegally transferred property to the detriment of creditors, according to its latest annual report. The report, due to be presented imminently to the Cabinet, discloses that three…
Looking back over 35 years of finance reporting there is one theme that stands out the propensity for Australians to get caught up in booms and busts. For some reason, we are suckers for financial products offering returns that are too good to be true. We are, more often than not, too scared to ask…
The role of insolvency resolution professionals (IRPs) and their ability to handle day-to day affairs of bankrupt companies has come under the spotlight with the NCLT questioning their decisions in a few recent high-profile insolvency cases. At last count, there were over 1,800 registered IRPs wading through a pile of over 9,000 cases. Stakeholders are…