Hamilton Academical face being declared insolvent if they do not repay a financial services company used to pay wages. The Funding Globe has a holding charge against the club, security against their assets after funds were borrowed to pay players and staff last year. Previous owner Seref Zengin sold the Scottish League 1 club to…
KTM AG have confirmed plans to cut around 500 jobs as part of a wide-ranging cost-reduction programme, marking the latest step in the firm’s post-insolvency strategy. The layoffs, which are expected to fall largely on salaried staff and middle management roles, come as KTM’s parent company is officially renamed from Pierer Mobility AG to Bajaj Mobility AG. The move removes the name of…
Revo Hospitality files for insolvency – what happens next? Hospitality Investor Read the original article here
The Economic Court of Vitebsk region has declared JLLC “Belwest” economically insolvent, and a sanitation procedure has been introduced for the enterprise. This was reported by the press service of the Supreme Court, Office Life writes . Павялічыць Illustrative photo The joint venture “Belwest” was founded in 1988 in Vitebsk with the participation of the…
A bankrupt builder has been jailed for a year after failing to declare his status when obtaining money from five people and leaving them in “unliveable” homes. Nigel Dinneen, 72, of Mickleover, Derby, took advanced payments for work without telling customers that he had been declared bankrupt in July 2019, as he was legally required…
Noel Clarke: Former Doctor Who star declared bankrupt after losing High Court libel case NationalWorld Read the original article here
Bankrupt investor linked to $70 million Cascade redevelopment in Yerevan CivilNet Read the original article here
Bankrupt Derby builder jailed after taking £400,000 from homeowners TheBusinessDesk.com Read the original article here
Nigel Dinneen illegally obtained more than £400,000 from five people after being declared bankrupt in July 2019 His victims included a father whose children had to sleep on the floor with no back doors or windows and a healthcare worker on the Covid frontline Dinneen was jailed for 12 months following Insolvency Service investigations A…