Corporate Travel Management has apologised after admitting it underpaid its staff in Australia and New Zealand, as the embattled travel agent remains locked in talks over a deal to repay ripped-off customers. A spokesman for Corporate Travel said the company found it owed $2.39 million and “payment arrangements have been made accordingly, including superannuation and…
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The owner of a Long Island school bus company who used a check-kiting scheme to defraud banks out of nearly $10 million was sentenced to 18 months in federal prison Wednesday. John Mensch, 55, of Quogue, owner of the former East End Bus Lines, will also be required to pay $9.3 million in restitution to…
This is the charge brought by the Milan Public Prosecutor’s Office against the former Minister for Tourism, Daniela Santanchè, her former partner Giovanni Canio Mazzaro and their son Lorenzo, as well as three other individuals, following the latest closure of the investigation into Ki Group Holding, Ki Gropup srl, Bioera and Unburia Srl. As set…
The restructuring plan (RP) is the most powerful restructuring tool available in the UK. It was introduced in 2020 against the backdrop of the economic difficulties caused by the COVID-19 pandemic. Since its introduction, over 50 RPs have been successfully sanctioned for companies ranging in size and in many different industries. The RP was created…
NCLT Dismisses NARCL Insolvency Plea Against McLeod Russel After Debt Restructuring scanx.trade Read the original article here
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
McLeod Russel India Ltd has received relief after the National Company Law Tribunal (NCLT), Kolkata Bench, allowed the withdrawal of an insolvency petition filed against the company, following a debt restructuring arrangement with the National Asset Reconstruction Company Ltd (NARCL). In a regulatory filing on Wednesday, the Company said NARCL, acting through its attorney India…