It is a good thing the RBI and the banks have started identifying big loan defaulters, to resolve these bad loans. True, the new bankruptcy code offers a finite window for the resolution of bad loans, far swifter than under the erstwhile Board for Industrial and Financial Reconstruction. However, it would be naïve to expect…
by Jonathan Rochford Why should poorly run companies be given more time to steal from their employees, taxpayers and trade creditors? Why should management and directors be allowed to gamble with other people’s money when they won’t put their own money into a failing venture? How is Australia being innovative by backing businesses with a…
AP Published 9:00 a.m. ET June 21, 2017 | Updated 2 hours ago FILE – This is a June 29, 2016, file photo showing Boris Becker at the Wimbledon Tennis Championships in London. Becker has been declared bankrupt by a British court after he failed to pay a long-standing debt. (AP Photo/Ben Curtis, FIle)(Photo: The…
Nearly a year after the Israel Tax Authority sought it, fallen tycoon Eliezer Fishman on Wednesday was formally declared bankrupt by the Tel Aviv District Court. Judge Eitan Orenstein appointed attorney Joseph Benkel as trustee with the power … Read the full article at: http://www.haaretz.com/israel-news/business/1.797147
Tennis champion Boris Becker has been declared bankrupt by a court official who watched him play on Centre Court. Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London on Wednesday for a last chance to pay a long-standing debt. But Miss Registrar Christine Derrett, who recalled watching him play, said…
LONDON (AP) – Boris Becker was declared bankrupt by a British court on Wednesday after the former tennis player failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last chance to pay a debt that Becker has owed to private…
Lawyers for the three-time Wimbledon winner who once had a net worth of £28 million pleaded with a Bankruptcy Court registrar in London on Wednesday for “a last chance” to pay a long-standing debt. But Miss Registrar Christine Derrett, who recalled watching him play, said it was “with regret” she had concluded there was a…
Former German tennis star Boris Becker has been declared bankrupt by a court in London after failing to pay a substantial long-standing debt since 2015. Laywers for the three-time Wimbledon champion pleaded with a Bankruptcy Court registrar on Wednesday to allow Becker a last chance to pay off the debt. But Registrar Christine Derrett, who…
Video: Tennis champion Boris Becker declared bankrupt BelfastTelegraph.co.uk http://www.belfasttelegraph.co.uk/video-news/video-tennis-champion-boris-becker-declared-bankrupt-35851798.html http://www.belfasttelegraph.co.uk/video-news/article35852127.ece/fb9dd/AUTOCROP/h342/2818816-1498057984425485.jpg Email Tennis champion Boris Becker has been declared bankrupt. Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London on Wednesday for “a last chance” to pay a long-standing debt. Read the full article at: http://www.belfasttelegraph.co.uk/video-news/video-tennis-champion-boris-becker-declared-bankrupt-35851798.html