A specialist transport website, zdopravy.cz, said the company had debts reaching 1.8 billion Czech crowns (70 million euros, $80 million). AFP, Prague PUBLISHED ON MAR 10, 2021 09:29 PM IST A Czech court said on Wednesday it had declared bankruptcy on struggling national carrier Czech Airlines, following a request by the company itself. “The court…
Keith Alan Da Costa (64), of Manningtree in Essex, was the sole director of KAD Consultants Limited since its incorporation in May 2011. The company traded as surveyors providing services to general building contractors and the construction industry until it went into liquidation in June 2017. KAD Consultants liquidation, however, triggered an investigation by the…
My husband and I were married in community of property and he passed away. We had sold our house a few years ago and have no assets as such, except two cars that are financed in my name with the bank. I do believe that all his debt had life insurance cover, but one bank…
Earlier this month, Brazos Electric Power Cooperative filed for bankruptcy protection following the impact of recent severe winter storms in Texas. What made this filing notable was that Brazos is the largest and oldest power cooperative in the state. It went from a “financially robust, stable” company before the storms to stressing under the weight…
By Killian Flood BLPublished 9 March 2021 Killian Flood BL The High Court has ruled that an insolvent debtor was not entitled to a new protective certificate under the Personal Insolvency Acts 2012-2015 after he had benefitted from an invalid protective certificate within the previous 12 months. It was claimed by the debtor that the…
A head-on collisionImage: ANDREW KASUKU Policyholders with Concord Insurance Company Ltd (in liquidation) will be paid after an eight-year wait, the Policyholders Compensation Fund has announced. At least 1, 572 claimants will benefit from the payments, with PCF expected to spend Sh392 million. Total claims, however, stand at Sh467 million. The maximum compensation payable by…
Three properties in the Rockhampton region are to be acquired by the council as the overdue rates are worth more than value of the land. A report on the worthless properties was presented to Rockhampton Regional councillors this week. The owners of the following properties have overdue rates: 1 Blarney Ln, Mount Morgan: rates not…
But the drumbeat of concern about GFGs financial health is gaining intensity. The BBC said British trade unions were demanding a meeting with GFG subsidiary Liberty Steel, the countrys third-largest steelmaker, to seek assurances about the future of steel jobs. And Libertys CEO, John Ferriman, met Business Secretary Kwasi Kwarteng over the weekend. The British…
Corp. Chief Executive Officer Masayoshi Son speaks during a joint announcement with Toyota Motor Corp. to make new venture to develop mobility services in Tokyo, Japan, 04 October 2018. Alessandro Di Ciommo | NurPhoto | Getty Images LONDON British financial services firm Greensill Capital has filed for administration, according to a report from the Financial…
Home / Share Market News / Telstra (ASX:TLS) share price and others caught in Greensill insolvency The Telstra Corporation Ltd (ASX: TLS) share price, along with numerous other Australian companies, will be watched with a close eye at the moment. This comes as the Greensill Capital collapse ripples through to its clients. What is Greensill…