{{featured_button_text}} MATTOON Coles Moultrie Electric of Mattoon has announced two local students that have received memorial scholarships. Garrett Sigrist of Arcola has been selected to receive the first Coles-Moultrie Electric Cooperative Randall Beasley Memorial Scholarship. Ryleigh Hawkins of Mattoon has been selected to receive the Earl W. Struck Memorial Scholarship. Garrett is the son of…
The Tennessee-based corporation that owns Barstow Community Hospital declared bankruptcy soon after COVID-19 arrived in the U.S. last year helping to keep the lights on by obtaining a new loan from financiers in New York and the Cayman Islands. Now, the city’s only hospital has a new chief executive, whose prior stints at financially troubled…
Personal Insolvency arrangements have been approved by the High Court that will allow former newspaper owner John Sheils and his wife businesswoman Susan Casey continue to make mortgage payments on their Co Kilkenny home until they are in their mid-eighties. The approval, made by Mr Justice Mark Sanfey, will see the couple retain their family…
MONTREAL — Quebec’s Home Builders’ Association (APCHQ) has filed a police complaint against a Laval developer who went bankrupt last week, but not before taking at least $17 million in deposits from prospective home buyers. Lisa Alahaydoyan is one of those buyers. Her plan was to have a Laval home torn down and rebuilt into…
A bankrupt builder from Devon persuaded pensioners to pay him 271,000 to construct a home – but his poor workmanship has led to the couple having to live in a caravan. James Prentice was sentenced to six months in prison, suspended for two years, was ordered to carry out 150 hours of unpaid work and…
The High Court has approved Personal Insolvency Arrangements that will allow former newspaper owner John Sheils, and his wife businesswoman Susan Casey, continue to make mortgage payments on their Co Kilkenny home until they are in their mid-eighties. The approval, made by Mr Justice Mark Sanfey, will see the couple retain their family home, Annamult…
Advertisement Monday, July 5, 2021 Last year, the Corporate Insolvency and Governance Act 2020 made a number of changes to the UK insolvency landscape. Amongst the changes, was the addition of the ipso facto regime, which prevents suppliers terminating supply contracts as a result of insolvency-related events. Up until 30 June 2021, small suppliers were…
A builder who broke his bankruptcy order by taking thousands of pounds in deposits before carrying out substandard work has received a suspended jail sentence. Exeter Crown Court heard that James Prentice, 41, of Kingsbridge, Devon, was declared bankrupt in 2014 but was allowed to continue working through his company JSP Woodworx, provided he did…
Personal Insolvency arrangements have been approved by the High Court that will allow former newspaper owner John Sheils and his wife businesswoman Susan Casey continue to make mortgage payments on their Co Kilkenny home until they are in their mid-eighties. The approval, made by Mr Justice Mark Sanfey, will see the couple retain their family…
Exeter Crown Court sentenced James Prentice, 41, from Kingsbridge in South Devon, to six months imprisonment suspended for two years, and 150 hours of unpaid work. He was also ordered to pay compensation of 4,500 to his victims after the prosecrtuin brought by the Insolvency Service. The court heard that Prentice was declared bankrupt in…