Written by Daniela Soares Ferreira and Sonia Perez Pinto Groundforce creditors will face millions in debt if TAPs insolvency application proceeds. The airline is a major shareholder, with overdue debts of around 16.4 million on June 30. ANA (12.8 million euros), Prosegor (177 thousand euros), Iberlin (140 thousand euros), UCS (125 thousand euros), Klimex (126…
SUPPLIED Richard Whitham and his wife Erika Whitham. The couple, along with their four young children and Erikas mother, Elisabet van der Merwe, left New Zealand on May 17, 2018 (file photo). Kiwi dad Richard Whitham illegally transferred hundreds of thousands of dollars from a Singaporean bank account on a single day. It was an…
She’s preparing to say ‘I do’ for the fourth time after finding love again with personal trainer Ryan Mahoney – a new chapter in a remarkable reversal of fortune for Kerry Katona. Kerry, who has just moved back to her home county of Cheshire in a 2 million mansion, has transformed her life in the…
Former glamour model Katie Price could possibly face prison if she doesn’t turn up to her bankruptcy hearing in court, according to reports Video Loading Video Unavailable Click to playTap to play The video will auto-play soon8Cancel Play now Katie Price shares cute holiday video with Harvey Katie Price will reportedly face going to prison…
Despite all assertions to the contrary, the Portuguese government insists debt-ridden airline TAP is absolutely strategic and must be saved at all costs. These are likely to run to around 3 billion, the spending of which has been held up by Brussels doubts in all directions. The European Commission isnt simply concerned over the Ryanair…
According to a March 2021 Forbes Advisor article, women spend more time researching their investment choice and are more likely to take on appropriate levels of risk with their investments than men, resulting in better investment outcomes. Their research also found that women are less likely to chase hot tips and, as such are more…
Terence Loh, who allegedly tried to complete a takeover of Newcastle last year, has been declared bankrupt according to a report. 2020 was a wild time for the never-ending Newcastle takeover saga, with not just Amanda Staveley seemingly trying to complete a deal. In April last year, PCP Capital Partners agreed a deal to buy…
A woman has appeared in court accused of fraudulently disposing of property by giving 75,000 to a relative while declared bankrupt. Barbara Bentley appeared at Ipswich Crown Court on Wednesday to deny the charge. The 59-year-old spoke only to confirm her name andher date of birth, and to enter a not guilty plea. Bentley, of…
The report says this exposes the parastatal to possible seizure of its assets by the lender. [Courtesy] Cash-strapped National Oil Corporation of Kenya (Nock) lost nearly half a billion shillings in a single financial year, raising its accumulated losses to over Sh3 billion. In addition, the auditor general report states that the State-owned corporations current…
Vijay Mallya, the fugitive former head of Indias United Breweries and United Spirits, is bankrupt. The 65-year-old, who lost his final court battle against extradition to India in May 2020, was formally declared bankrupt in the London High Court yesterday. The ruling has immediate effect. Mallya is required to hand over his remaining assets, as…