Former CEO of broke Birmingham City Council picked up £469k ‘golden handshake’ package

Deborah Cadman left the council in March 2024 after a tumultuous three years in which the council was declared ‘bankrupt’ 13:54, 18 Jul 2025Updated 16:52, 18 Jul 2025 Deborah Cadman/Birmingham City Council House(Image: Martin O’Callaghan/Birmingham Live) The former chief executive of Birmingham City Council, Deborah Cadman, received just shy of £500,000 during the year she…

Game over as Neuchâtel Xamax declared bankrupt

The gates will remain closed for Xamax fans at Neuchâtel’s Maladière stadium Keystone Stricken Swiss football side Neuchâtel Xamax has slipped into near-oblivion, with its Chechen owner arrested just hours after declaring the club bankrupt. This content was published on January 26, 2012 – 20:24 swissinfo.ch and agencies Bulat Chagaev was detained by authorities in…

NCLAT stays Reliance Infra insolvency proceedings

New Delhi: National Company Law Appellate Tribunal (NCLAT), Friday, stayed the initiation of the corporate insolvency resolution process (CIRP) against Reliance Infrastructure as it was informed that the company had settled the due amount. NCLAT also stayed the National Company Law Tribunal (NCLT) order, which admitted Reliance Infra into insolvency over unpaid debt of around…