Declaring yourself bankrupt: what you need to know – Rest Less
Declaring yourself bankrupt: what you need to know Rest Less Read the original article here
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Locate in Kent staff told ‘there may not be enough money to pay your redundancy’ after it went into liquidation
Staff at the beleagued inward investment agency Locate in Kent have been told there may not be enough money left in the kitty to pay wages they are owed or a redundancy payment. The company went into shock liquidation last month after almost 30 years promoting the county. Locate in Kent worked to highlight commercial…
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Former Newcastle star quits UK to start new life abroad after being declared bankrupt – MSN
Former Newcastle star quits UK to start new life abroad after being declared bankrupt MSN Read the original article here
Bankrupt rugby rep accused of fraud – BusinessDesk
Bankrupt rugby rep accused of fraud BusinessDesk Read the original article here
Update: Italy’s new restructuring and insolvency law | Latin America | Global law firm
Introduction In our Q3 2021 issue of the International Restructuring Newswire, we provided an overview of the main features of Italy’s New Code of the Business Crisis and Insolvency (the New Code). We noted that the unpredictability of the evolution of the COVID-19 pandemic caused the Italian Government to postpone for one year (from August…
Insolvency vs Cheque Bounce: Bombay HC Clarifies Liability
Facts This case involves a criminal writ petition filed by Ortho Relief Hospital and Research Centre against M/s. Anand Distilleries and its Directors. The petitioner, a hospital, had extended a short-term loan of Rs. 15,00,000/- to the respondents in October 2015. Towards security, the respondents issued a post-dated cheque for the same amount. The petitioner…