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Category Archives: Bankruptcy

Next in line: bankruptcy laws for individuals – Livemint

BankruptcyBy Insolvency GuardianApril 4, 2016

Last Modified: Mon, Apr 04 2016. 06 48 PM IST In about 80% cases, the business fails due to cash flow problems, which can be overcome by talking to bankers to extend the loan, or with the help of short-term loans Bankruptcy is a legally declared inability or impairment of ability of an individual…

BRIEF-Court declares Dmail unit Dmedia Commerce bankrupt – Reuters

BankruptcyBy Insolvency GuardianApril 4, 2016

Dmail Group SpA : * Said on Friday that Court in Florence declared its wholly-owned unit Dmedia Commerce SpA bankrupt Source text for Eikon: Further company coverage: (Gdynia Newsroom) Read the full article at: http://www.reuters.com/article/idUSL5N17713W

ICA director filed for bankruptcy protection after accusations, Trib investigation finds – Tribune-Review

BankruptcyBy Insolvency GuardianApril 3, 2016

ICA director had financial problems of his own, Trib investigation finds …

What does Taiwan’s Cash Card Crisis Mean for Consumer Finance in Mainland China? – Crowdfund Insider

BankruptcyBy Insolvency GuardianApril 3, 2016

A decade ago, bank salespersons were seen at almost every street corner in Taipei. Apart from credit cards, they also offered unsecured micro-loans to ordinary people. As long as you didnt have a criminal record and could provide your basic information such as ID number, address and employment, you could get a cash card in…

If All Investments Were Private – ValueWalk

BankruptcyBy Insolvency GuardianApril 3, 2016

Photo Credit: Falcon® Photography || In this story, TSB stands for The Storage Bank This piece is another one of my experiments, please bear with me. Measure Twice, Cut Once A very intelligent woman (I suspect) whose name never got recorded the first time it was uttered Only buy something that youd be perfectly…

Tollerance, Intollerance And Liberty – The Market Oracle

BankruptcyBy Insolvency GuardianApril 3, 2016

Politics / Social Issues Apr 03, 2016 – 02:33 PM GMT By: Raymond_Matison Americans have a well-earned reputation for being tolerant.  This tolerance goes back to before the very foundation of our country.  The original immigrants to Britains American Colony often were people escaping some form of oppression in Europe, and thus were quite cognizant…

Jim Rickards: The US Dollar Is A Shadow Gold Currency – The New Case For Gold – Seeking Alpha

BankruptcyBy Insolvency GuardianApril 3, 2016

Get ready to dispose of your preconceived notions regarding the Federal Reserve and its take on gold! Is it possible that the Fed wants a higher gold price after all? That is what Jim Rickards reveals in this riveting interview with Palisade Radio. Upon quick review, the Federal Reserve today looks like a really bad…

Puerto Rico fiscal crisis could impact disabled workers fund – Daily Mail

BankruptcyBy Insolvency GuardianApril 2, 2016

By Associated Press Published: 08:28 EST, 3 April 2016 | Updated: 08:28 EST, 3 April 2016 SAN JUAN, Puerto Rico (AP) Management employees at Puerto Rico’s disabled workers fund are warning that its $445 million investment in the financially-strapped Government Development Bank could be at risk if the bank is declared insolvent and pushed into…

Romania media mogul, employees indicted for tax evasion – Yahoo News

BankruptcyBy Insolvency GuardianApril 2, 2016

BUCHAREST, Romania (AP) Prosecutors have indicted a pioneer in Romania’s post-communist media market and ten others with tax evasion, instigation to tax evasion and money laundering. The prosecutor’s office said Friday that Adrian Sarbu, founder of the Mediafax Group in 1991, Mediafax itself, former managers, finance directors and a lawyer have been sent to trial…

Romania media mogul, employees indicted for tax evasion – Daily Mail

BankruptcyBy Insolvency GuardianApril 2, 2016

By Associated Press Published: 21:59 EST, 1 April 2016 | Updated: 21:59 EST, 1 April 2016 BUCHAREST, Romania (AP) Prosecutors have indicted a pioneer in Romania’s post-communist media market and ten others with tax evasion, instigation to tax evasion and money laundering. The prosecutor’s office said Friday that Adrian Sarbu, founder of the Mediafax Group…

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