He has been declared bankrupt, his political career lies in tatters, and now Rod Culleton is on the hook for hundreds of thousands of dollars to the Federal Government. A letter from the Finance Department advised him he was legally required to pay back his $200,000-a-year salary he earned as a senator, plus what…
Photo: Locomore. A crowdfunded German train operating company that began running services in 2016 has filed for insolvency. Locomore was launched as a low-cost alternative to DB but despite growth in its revenue- the venture has not become cost-effective. In a statement released on its website, a spokesperson for Locomore said (Translated from German): Both…
News Jessica Fino 16 May 2017 04:39pm The former owner of BHS, Retail Acquisitions Limited (RAL), has been declared insolvent by the High Court of Justice, despite Dominic Chappells effo… Read the full article at: http://economia.icaew.com/news/may-2017/retail-acquisitions-declared-insolvent
News Jessica Fino 16 May 2017 04:39pm The former owner of BHS, Retail Acquisitions Limited (RAL), has been declared insolvent by the High Court of Justice, despite Dominic Chappells effo… Read the full article at: http://economia.icaew.com/en/news/may-2017/retail-acquisitions-declared-insolvent
On 7 June Intl Bank of Azerbaijan can be declared bankrupt Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) can be declared bankrupt on 7 June on American time. Precisely on this day the U.S. court will consider IBAs statement of claim on recognition of its bankruptcy and protection from creditors. The Bank estimated the…
Wayne Rooney lost £500,000 in a two hours late night gambling spree on his own at a casino. The Man United and England star ran up the bill on roulette and blackjack. One witness at Manchesters 235 Casino said: He was gambling a lot on red and seemed to be in his own world. Gambling-mad…
The money owed to Alma and Merso Halilagic by bankrupt builder Watersun Homes could have bought the couple a new Porsche Boxster. But they don’t have the luxury of being able to turn their backs on the $155,000 debt. “We have to pay for our materials,” said Mrs Halilagic who, with her husband, runs a…
KUCHING: A DAP motion seeking the withdrawal of bankruptcy allegations against its sacked Pujut assemblyman Dr Ting Tiong Choon was thrown out by the Sarawak Legislative Assembly. Kota Sentosa assemblyman Chong Chieng Jen, who tabled the motion on Monday, wanted International Trade and E-Commerce Minister Datuk Seri Wong Soon Koh to withdraw his allegations that…
Wayne Rooney lost £500,000 in a two hours late night gambling spree on his own at a casino. The Man United and England star ran up the bill on roulette and blackjack. One witness at Manchesters 235 Casino said: He was gambling a lot on red and seemed to be in his own world. Gambling-mad…