Bankrupt former rich-lister “Diamond” Joe Gutnick has faced a court grilling over loans to a New York fraudster and Brooklyn-based community organisation. In a fiery examination at the Federal Court on Thursday, Mr Gutnick was challenged over the validity of two major debts declared in his bankrupt estate, including a $33 million debt to Nochum…
Wednesday, April 26, 2017 08.34PM / Anthony I Idigbe, Punuka Attorneys & Solicitors, November 15 2013 World Bank reports on the observance of standards and codes principles and guidelines for effective insolvency and creditor rights systems, published in October 2007, identified the following weaknesses in Nigerian insolvency law: · a lack of efficient means by…
Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016. Net income includes net after-tax realized investment gains and losses on the companys investment portfolio…
Greig Cameron Scottish Business Editor Financial difficulties are forecast for Scots amid uncertain times for the economyTimes photographer James Glossop The number of Scots becoming insolvent has risen by almost a fifth, amid fears that many more are likely to face financial difficulty this year. The higher price of food and energy is expected to…
Greig Cameron Scottish Business Editor Financial difficulties are forecast for Scots amid uncertain times for the economyTimes photographer James Glossop The number of Scots becoming insolvent has risen by almost a fifth, amid fears that many more are likely to face financial difficulty this year. The higher price of food and energy is expected to…
The founder and former trustees of the collapsed charity Kids Company could be banned from holding company directorships. The youth organisation folded amid a storm of controversy in August 2015 just days after receiving a £3 million Government grant in a final bid to keep it afloat. Kids Company received more than £42 million of…
CHATTANOOGA, Tenn.–(BUSINESS WIRE)– Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016. Net income includes net after-tax realized investment gains and losses on the…
CHATTANOOGA, Tenn.–(BUSINESS WIRE)–Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016. Net income includes net after-tax realized investment gains and losses on the Companys…
Greeces prime minister held out for a commitment from lenders to debt relief on Tuesday (25 April), and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a 22 May target. Talks over reforms in the energy and labour market and pension cuts and income tax…
Corporate insolvency in Scotland fell seven per cent last year though there was an 18 per cent rise in personal insolvencies, official figures show. The latest fourth quarter figures from the Accountant in Bankruptcy (AiB), covering the fourth quarter to the end of March, show 840 Scottish registered companies went bust in the year, down…