The Ministry of Manpower noted that 60 textile companies may soon go bankrupt after being severely hit by financial problems since 2023 and due to the issuance of import regulations. Immanuel Ebenezer, Deputy Minister of Manpower, accused the issuance of the Minister of Trade Regulation (Permendag) No. 8/2024 as the main cause of the collapse…
Bankrupt landlord received £25,000 Covid loan despite pub closing six months before pandemic AOL.com Read the original article here
Summary Duncan Ferguson was declared bankrupt in 2016. The former Everton and Newcastle United striker earned £30,000 p/w during his peak. Ferguson spoke openly about the heartbreaking ordeals he went through after being declared bankrupt. There are very few men in Premier League history as infamous as Scottish target man Duncan Ferguson. The former Newcastle…
Occupational pension schemes often constitute a significant part of liabilities in the event of the employer’s insolvency and therefore play a fundamental role in insolvency proceedings for all involved stakeholders (insolvency administrator, employer/insolvent debtor, pension beneficiaries, the German Pension Protection Funds (“PSV”), investors in the event of continuation of companies’ business after closing of insolvency procedure. In…
The Supreme Court of India has rejected JSW Steel’s much-publicized resolution plan for Bhushan Power and Steel Limited (BPSL), ordering the liquidation of the debt-ridden company. This verdict, delivered by a bench comprising Justice Bela M Trivedi and Justice Satish Chandra Sharma, comes four years after JSW Steel completed its acquisition of BPSL under the…
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Business collapses soar: Victoria now the nation’s pressure point The Australian Read the original article here
ENGLAND rugby star Lawrence Dallaglio faces being declared bankrupt in a bitter divorce battle. Estranged wife Alice has filed a bankruptcy application against him and his firm Lawrence Dallaglio Limited, which is already in voluntary liquidation. 5 Lawrence Dallaglio faces being declared bankrupt in a bitter divorce battle with his estranged wife AliceCredit: Getty 5…
ENGLAND rugby star Lawrence Dallaglio faces being declared bankrupt in a bitter divorce battle. Estranged wife Alice has filed a bankruptcy application against him and his firm Lawrence Dallaglio Limited, which is already in voluntary liquidation. 5 Lawrence Dallaglio faces being declared bankrupt in a bitter divorce battle with his estranged wife AliceCredit: Getty 5…
The agency representing some of Australia’s leading comedians has gone under, leading some clients to complain they are owed substantial sums. Liquidators for the talent management company Junkyard Artist Management and the production company West Street Sports were appointed on Monday. Junkyard managed some of the country’s top comedians, including the 2022 Edinburgh Comedy Festival…