Gianluigi Buffon gets ‘crazy’ contract offer that includes weekly pastries and museum pass – Sporting News AU

Former Portuguese champions Belenenses have made a contract offer to Gianluigi Buffon that includes sweets, a museum pass and free lodging. Buffon said earlier this week that he is evaluating his options after confirming his departure from Juventus. If there is someone even crazier than me who contacts me and imagines something even more marvellous,…

SC Upholds IBC Provisions on Insolvency of Personal Guarantors; Big Victory for – News18

Supreme Court on Friday upheld provisions of the Insolvency and Bankruptcy Code (IBC) allowing lenders to pursue insolvency proceedings against promoter guarantors of companies facing Corporate Insolvency Resolution Process. Abench of Justices L Nageswara Rao and Ravindra Bhat delivered the judgement.The ruling would allow banks to file personal bankruptcies against guarantors, even when the insolvency…

UK: Ability to Disqualify Directors of Dissolved Companies – The National Law Review

Thursday, May 20, 2021 On 12 May 2021, the UK Government introduced the snappily titled Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill. As the title of the bill suggests, it seeks to amend the applicability of the directors disqualification regime to directors of dissolved companies. A summary of the current regime is summarised inthisnote…

Bill providing court protection to borrowers in mortgage arrears clears Oireachtas – Irish Legal News

Published 20 May 2021 Borrowers falling into home mortgage arrears due to an unforeseeable loss of income will gain court protection under new legislation which has cleared the Oireachtas. The Personal Insolvency (Amendment) Bill 2020, which will now be signed into law, gives insolvent homeowners the right to seek review by a court if their…

Jump Swim ordered to pay penalties of $23 million and Ian Campbell ordered to pay compensation – Mirage News

The franchisor Jump Loops Pty Ltd (in liquidation) (Jump Swim) has been ordered to pay penalties of $23 million for making false or misleading representations and wrongly accepting payments from franchisees, in proceedings brought by the ACCC. Jump Swim offered Jump Swim branded learn-to-swim school franchises for sale between March 2016 and July 2019. The…

Minister Troy welcomes publication of further information on Small Company Administrative Rescue Process – Gov.ie

drafting of Companies (Small Company Administrative Rescue Process and Miscellaneous Provisions) Bill 2021 commenced Small Company Administrative Rescue Process (SCARP) will be a simplified restructuring process for viable small companies that is timely and cost effective SCARP caters for the issue of onerous contracts debts owed to the State are addressed by SCARP Minister for…