An insolvency claim has been filed against financially troubled KVV Liepajas Metalurgs metallurgical company with the court in Liepaja, south-western Latvia, reports LETA, according to the information published on the website of the Insolvency Administration. The insolvency claim had been filed by G4S Latvia security company, and the insolvency proceeding was opened on June 17.…
A HEREFORD businessman has been declared bankrupt. Stuart Blake was described as a recruitment consultant in the bankruptcy order published by The Gazette – the official public record. The 52-year-old is currently listed on the Herefordshire Recruitment company website as one of the King Street firm’s consultants. The website states that Mr Blake, who is…
A HEREFORD businessman has been declared bankrupt. Stuart Blake was described as a recruitment consultant in the bankruptcy order published by The Gazette – the official public record. The 52-year-old is currently listed on the Herefordshire Recruitment company website as one of the King Street firm’s consultants. The website states that Mr Blake, who is…
A HEREFORD businessman has been declared bankrupt. Stuart Blake was described as a recruitment consultant in the bankruptcy order published by The Gazette – the official public record. The 52-year-old is currently listed on the Herefordshire Recruitment company website as one of the King Street firm’s consultants. The website states that Mr Blake, who is…
KPMG Baltics, the administrator of the to-be-liquidated Latvijas Krajbanka, recovered EUR 683,500 in May 2016, which is twice as much a month before, informs LETA, according to a report published in the official gazette Latvijas Vestnesis. In May 2016, EUR 682,100 were recovered from the loans made by the bank and EUR 1,400 were recovered by selling…
Guvera CEO Darren Herft. David Rowe The 3000 shareholders in music streaming group Guvera are learning the hard way the enormous discretionary powers that rest in the hands of the ASX. When the ASX refused Guvera admission to the exchange last week it closed off an important avenue for raising capital. That was a permanent closing…
By Associated Press Published: 22:40 EST, 14 June 2016 | Updated: 22:40 EST, 14 June 2016 BUCHAREST, Romania (AP) Three-time Romanian champion Rapid Bucharest has been declared bankrupt by a Romanian court. The club, which has debts of 4 million euros ($4.48 million), filed for insolvency in 2012. Half of the debts are unpaid taxes.…
Denmarks financial regulator says it wont abide by a key principle in Europes Bank Recovery and Resolution Directive as the nation carves out its own vision for how to tackle insolvencies. While the BRRD was formulated with a view to letting smaller banks fail if they get into trouble, Denmark says it wont allow that…
LAST year when I asked NAB Special Banking Services head Geoff Green why the bank had assured me it did not recommend business advisor Mawson to the struggling Walton Construction when emails clearly showed me it had, he answered a mistake had been made. It had also been a mistake the bank failed for five…
The Bucharest Court has postponed the exit from insolvency procedures of Hidroelectrica to June 21. The decision was postponed numerous times already, since the energy supplier entered insolvency in February 2014 for the second time. Previously, the company was placed under judicial reorganization procedures between June 2012 June 2013. The court was supposed to rule…