While businesses recover from cash shortfalls and adapt to constantly shifting public health measures, the financial health of all sized businesses remains at serious risk. Larger businesses with naturally more cash reserves than smaller businesses are well equipped to withstand the pressures posed by the pandemic, however, the impact is likely to be grave following…
Over the last year, I have been buying a lot online and have racked up a lot of debt across two credit cards and my overdraft. Every time I receive a bill I feel like I am going to have a panic attack, so I have been ignoring them. I don’t know where to begin…
The provisional insolvency administrator isin the process of analysing the companys financial position Nobiskrug, the German shipyard that specialises in the construction of custom superyacht projects over 60m, has filed for insolvency. The Neumnster district court has appointed Hendrik Gridmann, a restructuring expert from Hamburg law firm, Reimer, as the provisional insolvency administrator. Gridmann and…
Katie Price ‘owes 3.2 MILLION to creditors because she’s failed to pay off her debts – two years after being declared bankrupt’ By Laura Fox For Mailonline Published: 01:48 AEST, 14 April 2021 | Updated: 02:06 AEST, 14 April 2021 69 View comments Katie Price reportedly owes more 3.2 million to her creditors after accountants…
Dutch DTH platform Joyne declared bankrupt We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OK Read the full article at: https://www.broadbandtvnews.com/2021/04/13/dutch-dth-platform-joyne-declared-bankrupt/
A bankrupt and once trusted office manager who is serving jail time for stealing $3.2m from her employer to fund her gambling addiction is facing a second bankruptcy. Wendy Ann Aspinall’s former employer Down to Earth Demolitions, from Cairns, filed a creditor’s petition in the Federal Court in Cairns late last month asking the court…
A bankrupt and once trusted office manager who is serving jail time for stealing $3.2m from her employer to fund her gambling addiction is facing a second bankruptcy. Wendy Ann Aspinall’s former employer Down to Earth Demolitions, from Cairns, filed a creditor’s petition in the Federal Court in Cairns late last month asking the court…
Australian Institute of Credit Management Press release for 2021 Risk Report Businesses buoyed by Government stimulus to face cashflow pressures in coming months Corporate and personal insolvencies have declined to record low levels following the implementation of COVID-induced temporary protections, according to the 2021 AICM Risk Report. Drawing on data insights and the AICMs network…
The Northern Ontario School of Medicine building on the Laurentian University campus in Sudbury, Ont., on Feb. 1, 2021. Gino Donato/The Globe and Mail Tenured professors at Laurentian University expect to know Monday whether they will be laid off as part of an extraordinary restructuring aimed at cutting costs at the insolvent and debt-burdened school.…
With any business, no matter what its size, potentially facing a reversal of fortune, innovative thinking can be as important to your companys survival as capital. The business challenges of the past 12 months have brought into focus that any director or manager can be too close to their own business; so close in fact…