Experts are seeing three Asian countries push for a bigger slice of the insolvency market, taking concrete steps, including reforming national insolvency regimes, to attract more business. The insights come from John Batchelor, FTI Consulting senior managing director in Hong Kong, Maria O’Brien, Baker McKenzie partner in Sydney, and Miles Grant, ANZ Lending Services senior…
By JOHN KAMAUMore by this Author The fate of the Kisumu molasses plant hangs in the balance after a company moved to court to wind up Spectre International Ltd part of the flagship business of opposition chief Raila Odinga. The company is different from Mr Odingas East African Spectre, the liquefied petroleum gas cylinder manufacturer…
Former Ireland and Munster rugby star and Pendulum Summit chief executive Frankie Sheahan has been declared bankrupt, the Sunday Independent reports. The ruling was made last week and comes on the back of loans drawn down from Bank of Ireland. Mr Sheahan had used the loans to buy property as part of his retirement planning…
HOUSTON/CARACAS: Venezuela is negotiating financial help from Russian oil major Rosneft to complete nearly $3 billion in PDVSA debt payments coming due to bondholders next month, two market sources and a government source familiar with the talks told Reuters on Friday. Venezuela’s leftist government has grown increasingly close to Russia’s Vladimir Putin and Rosneft has…
World-famous fashion designer, Karen Millen OBE, has been declared bankrupt. The case for insolvency went before the High Court this week, after she was reportedly unable to pay an outstanding £6m tax bill. The 55-year-old, who lives in Wateringbury near Maidstone, now faces the possibility of losing her £3m mansion and other property. Fashion designer Karen Millen Karen Millen opened…
A senior Sandwell councillor has been declared bankrupt following a near decade-long row with a widow over £30,000 she gave to him and his wife. Councillor Richard Marshall, cabinet member for leisure at Sandwell Council, was alleged to have failed to re-pay the five-figure sum, said to have been given to him as a loan.…
MARTIN VAN BEYNEN/FAIRFAX NZ Dave Henderson is seeking damages after it was found his personal documents were accessed unlawfully. An Official Assignee solicitor unlawfully accessed Christchurch developer Dave Henderson’s personal information, including correspondence with a “well-known” politician about a diet programme. Henderson, a discharged bankrupt who famously battled Inland Revenue in the mid 90s, sued the Attorney-General over…
SAN DIEGO, March 31, 2017 (GLOBE NEWSWIRE) — Mad Catz Interactive, Inc. (the Company) (OTC Pink:MCZAF) announced that, with the authorization and approval of its Board of Directors, it and its subsidiary, 1328158 Ontario Inc., made a voluntary assignment in bankruptcy on March 30, 2017, pursuant to the provisions of the Bankruptcy and Insolvency Act…
Phil Mickelson Spent Nearly $2 Million to Repay Gambling Debts in 2012 | Bleacher Report “,”duration”:41,”description”:null,”author_name”:”Team Stream Now”,”article_type”:”uber_article”,”analytics”:{“video_id”:18032,”title”:”Will First Time in Final Four Be a Charm for ‘Favorite’ Gonzaga Bulldogs?”,”stream”:”College Basketball”,”published_at”:”2017-03-30T14:22:15.476000″,”id”:”4a596089-e9bf-4075-b314-7776df0f0ac5″},”amp_url”:null,”ad_stitched_url”:null},”media_width”:null,”media_url”:null,”media_id”:null,”media_height”:null,”hook_type”:”photo”,”autoplay”:false}},{“url_hash”:”b8bcf3ed6b11a053ce06acd014d5c743632b40b93945fcec354b4f42ee7da06e”,”url”:”http://bleacherreport.com/article… Read the full article at: http://bleacherreport.com/articles/2701020-phil-mickelson-spent-nearly-2-million-to-repay-gambling-debts-in-2012
six millen problems Millen now faces losing her £3 million home in Kent FASHION designer Karen Millen has been declared bankrupt over an unpaid tax bill. Millen, 55, who founded the high street chain more than 35 years ago, failed to pay £6million to HM Revenue and Customs following her involvement in a tax avoidance scheme. Getty Images HMRC issued Karen…