Lawrence Dallaglio has put up for auction next month the Rugby World Cup medal he won with England in 2003. The legendary English back-rower, a winner of 85 Test caps with his country and a three-time British and Irish Lions tourist, has been declared bankrupt. Last year’s divorce from Alice, his wife of almost 20…
The UK association for restructuring, turnaround and insolvency professionals has welcomed the Insolvency Service’s new five-year strategy promising to crack down on abusive business practices and resolve insolvencies faster. Chief executive of R3, Caroline Summers, said the group welcomed the focus on intervening earlier to help “people and businesses address financial difficulties,” as well as…
A ₹6.5 crore settlement against claims exceeding ₹22,000 crore has renewed scrutiny of alleged manipulation in India’s insolvency process. Why Is the Insolvency Process Under Scrutiny? The settlement involving Zee founder Subhash Chandra has brought fresh attention to the effectiveness of the Insolvency and Bankruptcy Code and whether the Corporate Insolvency Resolution Process is being…
The National Company Law Appellate Tribunal (NCLAT) on Tuesday issued notices to creditors on a plea filed by Essel Group Chairman Subhash Chandra and scheduled the matter for hearing on October 29 and 30. Chandra had challenged before the appellate tribunal an order passed on September 1 by a five-member larger bench of the National…
A UK recycling firm plunged into liquidation, resulting in the loss of more than 600 jobs. A recent statement from the Insolvency Service gave an update on Unimetals Recycling Ltd, which went into liquidation last year. It had 28 sites and was headquartered in Stratford-upon-Avon. A statement of affairs for Unimetals Group Limited, one of…
Rugby legend Lawrence Dallaglio takes heartbreaking step amid bankruptcy woes The Independent Read the original article here
Helping those with personal or business problems seek help before things get worse for them. Providing faster routes through the insolvency process, with money and assets returned sooner. Improved action against abusive businesses practices – including abusive high street and phoenix companies. The Insolvency Service says it can drive even greater impact by helping people…
Bankrupt former England rugby captain Lawrence Dallaglio has heartbreakingly been forced into putting his World Cup-winning medal up for sale at an auction next month. The 54-year-old, who was reportedly raking in £240,000 a year in his prime and had a net worth of £5million, was declared bankrupt last year. Dallaglio’s bankruptcy terms were extended…
Former England captain Lawrence Dallaglio is set to sell his 2003 Rugby World Cup winner’s medal after being declared bankrupt. The 54-year-old has put a number of items from his illustrious career up for auction including medals, trophies and caps. The World Cup medal is expected to raise between £50,000 and £80,000 while in total…
Former England captain Lawrence Dallaglio is set to sell his 2003 Rugby World Cup winner’s medal after being declared bankrupt. The 54-year-old has put a number of items from his illustrious career up for auction including medals, trophies and caps. The World Cup medal is expected to raise between £50,000 and £80,000 while in total…