New Delhi: Insolvency proceedings have been initiated against debt-ridden Jet Airways, which formally stopped flying on 17 April and saw lenders voting for bankruptcy earlier this month. The cash-strapped company became the first domestic airliner to go into bankruptcy after the Mumbai bench of the National Company Law Tribunal (NCLT) admitted an insolvency petition filed…
A Russian metal and mining group whose biggest shareholder is the billionaire oligarch Roman Abramovich is interested in acquiring part of British Steel, according to people aware of the situation. As the clock ticks down on efforts to find a buyer for the UKs second-largest steelmaker following its collapse into insolvency, Evraz is eyeing up…
An operating arm of ailing franchise brand JUMP! Swim School may have been trading insolvent for up to three years, an administrators report has revealed. The report, obtained by Inside Franchise Business, was handed down to Swim Loops Pty Ltd (Swim Loops) creditors last week and details a long-list of issues relating to the brands…
Abhishek Tripathi and Avantika Shukla look at role of adjudicating bodies in IBCs evolution The Insolvency and Bankruptcy Code, 2016 (IBC), is considered to be among the biggest achievements of the National Democratic Alliance (NDA) government. With the NDA coming back to power, it can be assumed that the IBC will receive a greater push.…
Ernst & Young said it found significant transfers of cash from Quadriga to Mr. Cotten and his wife. Photo: Decentral June 20, 2019 6:48 pm ET The court-appointed monitor for bankrupt QuadrigaCX said the Canadian cryptocurrency exchanges late founder took most of the money entrusted to him by clients and spent much… Read the full…
The mushroom sector has been under pressure for years. The latest victims of the competitive struggle are sales company Laseta Mushrooms and mushroom production company Champworld of Ad and Anja Peffer from Ammerzoden, the Netherlands. The court of Zutphen recently declared both companies bankrupt. Mr C.G. Klomp of Bierman Advocaten has been named the trustee…
Bankruptcy document folder with lawyer working at law firm. Source: BS Below is a list of the top and leading Bankruptcy Solicitors in Brisbane. To help you find the best Bankruptcy Lawyers located near you in Brisbane, we put together our own list based on this rating points list. Brisbanes Best Bankruptcy Lawyers: The top…
Cancer fraudster Belle Gibson spent more than $90,000 in two years and went to Bali and Africa, but still claims she cannot pay her fine for conning Australians. The disgraced wellness blogger was fined $410,000 for breaching consumer laws after claiming she cured her non-existent brain cancer through diet and alternative therapies. A financial analysis…
Wherever Belle Gibson goes scandal is known to follow and the latest twist in the disgraced cancer con-womans saga is no different. Tonight, A Current Affair can lift the lid on her secret job working for a well-known Melbourne gentlemans club. The explosive revelation comes as Ms Gibson returned to the Federal Court today to…
11:26 20/06/2019 MOSCOW, June 20 (RAPSI) The Commercial Court of St. Petersburg and Leningrad Region has dismissed a claim for vicarious liability filed by a former co-owner of Sovetsky bank against the banks ex-board chair Robert Musin and two other top managers of the financial organization, according to court records. Vladimir Mitrushin has also asked…