Directors of a crashed company have been given the go-ahead to pursue a case for unfair dismissal in a landmark ruling against a business controlled by former health secretary Stephen Dorrell. The tribunal ruling allows employees of an insolvent company to sue a business allegedly born out of the ashes of the one that employed…
By Associated Press Published: 23:48 +11:00, 18 December 2016 | Updated: 23:48 +11:00, 18 December 2016 e-mail NEW YORK (AP) Wake up New York, there’s a whole hidden city out there in the middle of the night, at your service. Even in an era when you can order just about anything you want by smartphone…
Fabrizio Bensch | Reuters German Chancellor Angela Merkel and Greek Prime Minister Alexis Tsipras leave after a statement at the chancellery in Berlin on Dec. 16, 2016. Greece’s Prime Minister Alexis Tsipras has locked horns with Germany’s Angela Merkel amid an argument about a Christmas bonus payment for poor Greek pensioners in December. On Friday…
AS WE approach the Christmas season, a time when many families are struggling financially, Im supporting The Childrens Society campaign to protect the estimated 12,100 children living in problem debt in Redbridge. Children living in families in problem debt are five times more likely to be unhappy than children in families without debt troubles. Thats…
Durban – Billionaire tenderpreneurs Shauwn and Sbu Mpisane have been declared factually insolvent by the South African Revenue Service (Sars) in a court application for their estate to be sequestrated. The application was launched in the Durban High Court last month, days after Sars was granted an order to preserve the assets of the Mpisanes…
Niall Brady Former Fine Gael Minister for Justice, Equality and Defence, Alan Shatter at the launch of the Insolvency Service Bill in 2013SASKO LAZAROV/ROLLINGNEWS.IE More than a third of personal insolvency practitioners (Pips) have quit the profession when their authorisations expired this year. The high dropout rate comes as three out of six specialist insolvency…
By Liz Jones Diary for The Mail on Sunday Published: 11:02 +11:00, 18 December 2016 | Updated: 11:02 +11:00, 18 December 2016 e-mail View comments In the process of boxing up my belongings, I decided to return to David anything he had given me during our three-year relationship. A framed drawing he had done as…
A partnership between Canadore College and Swiss Space Systems appears to be dead on the launch pad today as reports out of Europe say S3 is bankrupt. Two years ago, then MP Jay Aspin announced funding for a partnership between Canadore Aviation and Swiss Space Systems (S3) as part of a $10 million project that would have seen the development…
A former billionaire who was once one of the richest men in the country has been cleared by a jury after claiming ‘I didn’t mean it in a racist way’. Simon Halabi – once the 12th richest man in Britain before being declared bankrupt in 2010 – was cleared of racially aggravated assault and one…
New Delhi: The government on Friday notified the rules by which companies can go through liquidation under the Insolvency and Bankruptcy Code (IBC), 2016. The regulations for the liquidation process are part of the rules being notified by the Insolvency and Bankruptcy Board of India (IBBI) to implement the code and, in the process, improve…