Over 100,000 people could be made homeless by the banks and vulture funds through mass evictions in the coming months, the countrys insolvency experts claimed today. They fear that the financial institutions are about to embark on a concerted campaign of repossessions against the tens of thousands of homes in long-term mortgage arrears. The Association…
(Stock image) The States competition watchdog has launched a probe into the mortgage market and questioned the low-level of competition in property lending. And it has raised concerns over the fact that variable rates here are among the highest in the Eurozone. The home-loan lending market in this country is highly concentrated, the Competition and…
MUNSTER and Ireland rugby legend Peter Clohessy has been declared bankrupt with 13.6m debt, according to reports. The 50-year-old former prop was declared bankrupt in the High Court on January 23. This is according to a notice in Iris Oifigiúil, the governments official gazette. The bankrupt is required to make full disclosure of his property…
News Julia Irvine 20 Feb 2017 10:08am The Serious Fraud Office (SFO) has charged Harlequin chairman David Ames with three counts of fraud by abuse of position after a four-year investiga… Read the full article at: http://economia.icaew.com/en/news/february-2017/harlequin-chairman-to-face-fraud-charges-sfo-serious-fraud-office
Latest News Linfox boss finalising succession plan How To Create Savings in Your Logistics Operations Australia, NZ collaborate on positioning research worth $73bn DB Schenker buys $33m stake in freight-matching company uShip Months of speculation over the fate for shipping company Hanjin Shipping came to an end on Friday when a South Korean court declared…
A South Korean court declared Hanjin Shipping bankrupt on Friday, after ruling earlier this month that the firm’s liquidation value would be worth more than its value as a going concern. Hanjin Shipping, which had been the world’s seventh-largest container shipper, applied for court receivership in late August after its creditor banks halted further support.…
The axe finally fell on South Korea’s once-mighty Hanjin Shipping on Friday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars-worth of debt. Hanjin filed for bankruptcy protection in August owing $5.37 billion as creditors refused to bail it out, with dozens of its vessels stranded…
The axe finally fell on South Korea’s once-mighty Hanjin Shipping on Friday as a Seoul court declared it bankrupt after struggling for years under the weight of billions of dollars-worth of debt. Hanjin filed for bankruptcy protection in August owing $5.37 billion as creditors refused to bail it out, with dozens of its vessels stranded…
Ricardo Nissen, expert in corporate law and former head of the Inspección General de Justicia (IGJ). Friday, February 17, 2017 Ricardo Nissen is one of the most respected specialists in company law and asset concealment. Talking to the Herald, he agrees with his colleagues that this is…
SUBCONTRACTORS are banking on negotiations now under way to protect them from the worst of another major collapse in the Queensland construction industry. Bloomer Constructions Pty Ltd closed a number of building sites across Brisbane last week, ahead of what was expected to be an announcement Tuesday morning about the company’s fate. Instead, Wayne Bloomer,…