A Kensington mansion has become the capital’s latest luxury property to go up for sale in insolvency proceedings as wealthy London homeowners face their assets being liquidated to pay down debts. The property on Queen’s Gate, near Hyde Park, is being sold by receivers for around $34m (£27m) alongside another house worth some $520,000 (£412,000)…
In 2020, Jonathan Arther sued a dozen state officials and employees of the Arizona prison where, he says, his medical care was bungled so badly that he went blind in one eye. He also sued Corizon Health Inc., the private, for-profit medical contractor that the state had hired to provide care in the prison where…
EY-Parthenon teams were appointed as insolvency administrators in March 2021. From the start, a unique aspect to this engagement was the media attention. Given the size and impact of this bankruptcy, this was a hurdle both Abengoa and EY-Parthenon had to overcome and engage with regularly throughout the process. Loan requests Initially, the EY-Parthenon teams…
Podcast – The Return of Emergency Mechanisms for Insolvent Companies Holland & Knight Read the original article here
PricewaterhouseCoopers Inc., LIT, the Licensed Insolvency Trustee under the Notice of Intention to Make a Proposal of Wholly Veggie Inc. launches a sale and investment solicitation process The Malaysian Reserve Read the original article here
Scutter said none of the establishments has any listed assets or liabilities because of a lack of documentation. The liquidator didn’t state the amounts being claimed by creditors and said no recent financial statements were filed for either business. Gas Hospitality, trading as Birdcage, had financial statements recorded until March 31, 2021. AdvertisementAdvertise with NZME.…
WazirX files moratorium application with Singapore court under insolvency act, seeks to restructure liabilities | Company Business News Mint Read the original article here
BBC Union members staged a protest outside the city council house on Monday evening The leader of Birmingham City Council has said it is faced with “stark choices” as councillors approved a financial recovery plan. The authority declared itself essentially bankrupt earlier this month in part over a £760m equal pay bill. During Monday’s four-hour,…
Zettai has submitted in its filing that it has committed to providing a cash flow forecast to the court, although valuing its cryptocurrency assets might be challenging. The company is also expected to offer periodic updates on the progress of its restructuring and court proceedings through emails, blog posts and push notifications. In an effort…
The fake letters claim to be offering investment recovery and look as if they have been sent out by the Insolvency Service purporting to be official communications with the official logo and a bar code. On the surface the letter looks quite convincing. The scammers try to defraud companies by stating that the letter has…