The liquidation of Elite Insurance has left 60,000 private and professional clients in France without construction insurance as of September 15, 2020. French authorities have said claims not processed by this date are not eligible for compensation as contracts have ceased. The administration of Elite Insurance has been managed by PricewaterhouseCoopers, who confirmed in February…
Wednesday, September 16, 2020 As we discussed in ourprevious blog relating to the Supplier of Last Resort Process, energy company insolvencies bring with them a range of different processes and requirements which other companies do not need to consider. In particular, the involvement of the Secretary of State and the Gas and Electricity Markets Authority…
945 youths declared bankrupt, January-July Thursday, September 10th, 2020 at , Economy | News by BERNAMA / pic by RAZAK GHAZALI A TOTAL of 945 youths, aged between 18 and 35 years, were declared bankrupt between January and July this year, said Deputy Minister in the Prime Ministers Department, Datuk Shabudin Yahaya. He said that…
Often dressed in her police uniform, Rossi exploited her role with the force to persuade locksmiths and council officers to unwittingly assist with her bizarre criminal enterprise. In January 2017, Rossi attended the offices of Hobson Bay Council, where she induced a council employee to provide personal details of an alleged victim. Sergeant Rosa RossiCredit:Damjan…
Often dressed in her police uniform, Rossi exploited her role with the force to persuade locksmiths and council officers to unwittingly assist with her bizarre criminal enterprise. In January 2017, Rossi attended the offices of Hobson Bay Council, where she induced a council employee to provide personal details of an alleged victim. She also accessed…
An Albury businessman has been declared bankrupt in a win for the Commonwealth which says he owes it more than $10 million following a long-running court battle. The Commonwealth had applied to the Federal Court for a sequestration order against Allan Paul Endresz . He opposed it on a number of grounds, including a submission…
Thank you for inviting me today to discuss the response to the coronavirus (COVID-19) crisis, with a particular focus on Greece. The pandemic has caused significant disruption and hardship in nearly every aspect of our lives, and it will take time to heal the damage that has been done. The euro area economy has been…
GUWAHATI: Rajya Sabha MP from Congress, Ripun Bora on Tuesday raised the issue of the Nagaon and Cachar paper mills in Parliament urging that the revival of the two public sector entities, which have been non-functional since the past four years, would help stabilise the states economy. The mills have been in a non-functional state…
Still waiting for the building to be rebuilt, residents say many of them lost jobs or suffered pay cuts during the lockdown; request MHADA to expedite the project; developer blames residents for delay in documentationNot a single new brick has been laid on the Bandra East site where Govinda Tower crashed in 1998. Recorded as…
Century 21, New Yorks famed discount department store, has declared bankruptcy and will likely close all of its stores. According to a report byBloomberg, the company announced its fate after insurance providers refused to pay approximately $175 million USD in claims under business interruption policies, coverage retailers have sought to offset losses caused by the…