Performer Paul McDermott and former foreign affairs minister Alexander Downer have made a “gentlemen’s pact” to end a dispute between their ancestors that dates back more than 150 years. Key points: Alexander Downer’s grandfather took Paul McDermott’s great-great-grandfather to court in the 1860s Mr Downer attended McDermott’s recent Adelaide Fringe show Mr Downer, who did…
The vast arsenal of fiscal, monetary and legal measures used by Australian governments to offset the COVID-induced economic crisis have worked well. They did not prevent a recession (popularly defined as two quarters of negative GDP growth) but things could have been much worse. What is particularly interesting is that the expected consequences have not…
A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million). AFP, Prague PUBLISHED ON MAR 10, 2021 09:29 PM IST A Czech court said on Wednesday it had declared bankruptcy on struggling national carrier Czech Airlines, following a request by the company itself. “The court…
A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million). AFP, Prague PUBLISHED ON MAR 10, 2021 09:29 PM IST A Czech court said on Wednesday it had declared bankruptcy on struggling national carrier Czech Airlines, following a request by the company itself. “The court…
Keith Alan Da Costa (64), of Manningtree in Essex, was the sole director of KAD Consultants Limited since its incorporation in May 2011. The company traded as surveyors providing services to general building contractors and the construction industry until it went into liquidation in June 2017. KAD Consultants liquidation, however, triggered an investigation by the…
My husband and I were married in community of property and he passed away. We had sold our house a few years ago and have no assets as such, except two cars that are financed in my name with the bank. I do believe that all his debt had life insurance cover, but one bank…
Earlier this month, Brazos Electric Power Cooperative filed for bankruptcy protection following the impact of recent severe winter storms in Texas. What made this filing notable was that Brazos is the largest and oldest power cooperative in the state. It went from a “financially robust, stable” company before the storms to stressing under the weight…
By Killian Flood BLPublished 9 March 2021 Killian Flood BL The High Court has ruled that an insolvent debtor was not entitled to a new protective certificate under the Personal Insolvency Acts 2012-2015 after he had benefitted from an invalid protective certificate within the previous 12 months. It was claimed by the debtor that the…
A head-on collisionImage: ANDREW KASUKU Policyholders with Concord Insurance Company Ltd (in liquidation) will be paid after an eight-year wait, the Policyholders Compensation Fund has announced. At least 1, 572 claimants will benefit from the payments, with PCF expected to spend Sh392 million. Total claims, however, stand at Sh467 million. The maximum compensation payable by…
Three properties in the Rockhampton region are to be acquired by the council as the overdue rates are worth more than value of the land. A report on the worthless properties was presented to Rockhampton Regional councillors this week. The owners of the following properties have overdue rates: 1 Blarney Ln, Mount Morgan: rates not…