The former senator Scott Ludlam has had some bad luck. He found out he was a New Zealander. Boom, boom. Things have moved beyond a joke since Friday when Mr Ludlam resigned immediately after discovering he was a dual citizen of Australia and New Zealand and so, ineligible to stand for Parliament, let alone sit…
Wigan is ranked fourth worst when it comes to personal insolvencies in the North West. Only Blackpool, Preston and neighbouring St Helens notch up poorer results in a survey of individual hardship. For the first time in six years levels of personal insolvencies has increased, according to latest government figures. Wigan had 27.5 cases per…
Firm Appointee/Solicitor appointed as for Company Name Published Date HLB Mann Judd Kimberley Stuart Wallman liquidator Batlow Pty Ltd 17/07/2017 FTI Consulting Ian Charles Francis liquidator Monnif Pty Ltd 14/07/2017 Ticcidew Insolvency Simon Roger Coad liquidator Wolfberry Holdings Pty Ltd 14/07/2017 Mackay Goodwin Domenico Alessandro Calabretta liquidator Culinary Ventures Pty Ltd 14/07/2017 Melsom Robson Evan…
Once the youngest player to have won the Wimbledon mens singles championship, 49-year-old German-born tennis star Boris Becker was declared insolvent by a British Bankruptcy and Companies Court at the end of last month. Becker, who, according to news reports, at one time boasted an estimated personal fortune of over £100million (R1.7billion), is not the…
Business insolvency is a very real risk for many new and existing Australian small businesses, but countless business owners are not spotting warning signs early enough. Thats why specialist insolvency firm Jirsch Sutherland together with accounting firm Nexia Australia and New Zealand are urging SMEs across the country to take a serious look at the…
Ahmedabad: The Gujarat High Court on Monday dismissed Essar Steels plea against the RBI directive to the banks to start insolvency proceedings against it, refusing to grant any relief to the steel major. A bench of Justice S G Shah pronounced its verdict on the Essar Steel plea and refusing to accede to it, said…
The existing insolvency rules in the UK have been recast with the aim to “modernize and consolidate” the procedural framework for insolvency processes in the UK and promote efficiency. The Insolvency (England and Wales) Rules 2016 (the New Rules) came into force on April 6, 2017. A key feature of the New Rules is…
Both the Australian Securities and Investments Commission (ASIC) and the Law Council of Australia have supported struggling companies being able to access professional advice to get them back on track. Both organisations have used submissions to the Senate Economics Committee inquiry into proposed new legislation around corporate insolvency to acknowledge that companies should be able…
First NBC Bank founder and former president Ashton Ryan Jr. has asked a federal bankruptcy judge to let him begin collecting from insurance policies long held by the failed bank to cover mounting legal costs tied to his role there. The bank was seized by the government in April. Well before then, the bank had…
Boris Becker continues to work as a tennis broadcaster. BANKRUPT Wimbledon legend Boris Becker may have lost a chunk of his $167 million fortune through poor investments in Nigerian oil. A report by Germanys Spiegel magazine, based on documents the publication says it was shown by whistleblowing website Football Leaks, claims the 49-year-old former tennis…