FORMER farmer and disqualified WA Senator Rod Culleton has made an audacious visit to federal parliament this week, earning him the tight scrutiny of internal security guards. Mr Culleton flew into Canberra from Perth for the first day of federal parliament for the year, just days after being ruled ineligible to stand at last years…
In the past year, more than 120,000 Canadians were declared insolvent. You know the one thing they didnt have to give up? The creditors may have been breathing down their throats, looking to get their hands on any assets, but they wouldnt have been able to penetrate the legislative vault their Registered Retirement Savings Plan…
Two thirds of directors do not understand the Directors Loan Account properly A new survey of 250 UK Limited company directors by CompanyHelp with polling by Google Surveys reveals shocking levels of misinformation, lack of understanding of key financial facts and also the precarious business situation UKs Limited companies are in. According to the survey results…
Source: Ministry of Economy BELGRADE (Serbia), February 7 (SeeNews) Serbia’s Bankruptcy Supervision Agency said it has put up for sale again the factory of insolvent rolling stock repairer and manufacturer Zelvoz in Smederevo. Interested investors will be able to place bids for the purchase of the factory and other assets of Zelvoz by February 21,…
World of Furniture closed its doors here at the end of last month Only 12 customers at a failed Northern Ireland furniture company have come forward so far to tell the Official Receiver they are owed money, the Belfast Telegraph can reveal. It’s understood investigations into World of Furniture, which include attempts to establish the…
Yevgeny Kazmin, a co-owner of Ukraine’s KVV Group, which owns Latvia’s insolvent steel company KVV Liepajas Metalurgs, has filed a lawsuit against Latvia with the International Centre for Settlement of Investment Disputes (ICSID), information on the center’s official website suggests LETA. Ukraine’s KVV Group warned already last year that it is going to complain about…
news Regional personal insolvency statistics December quarter 2016. Australian Financial Security Au ONE-hundred-and-thirty-eight people in the Sunshine Coast and Noosa region have filed for bankruptcy or started personal insolvency activity in the December quarter of 2016. Of those 138, 66 filed for bankruptcy and 59 started a debt agreement and personal insolvency with debtors. A…
ONE-hundred-and-thirty-eight people in the Sunshine Coast and Noosa region have filed for bankruptcy or started personal insolvency activity in the December quarter of 2016. Of those 138, 66 filed for bankruptcy and 59 started a debt agreement and personal insolvency with debtors. A further 13 in the Sunshine Coast hinterland were counted in the total…
Company directors have exceedingly responsible jobs they are duty-bound to act in the best interests of the company and, if the company is listed on the stock exchange, are accountable to its shareholders. They routinely have to make difficult and important decisions that affect the profitability and growth of a business and ensure that…
Iarnród Éireann has warned that it remains “one misstep away from insolvency” – as management and unions meet at the Workplace Relations Commission for talks over the unions’ 21% pay claim. Unions say staff are due a pay rise, particularly after experiencing cost-reduction measures during the economic crisis. Arriving for the talks, Iarnród Éireann Director of Human…