The corporate watchdog failed to take action over doomed Bestjet despite being warned about alleged misconduct a year before the budget airfare company collapsed. The Australian Securities and Investment Commission in 2017 was told Bestjet was not being run by its founder, Rachel James, but rather her husband, Michael James, who already had a history…
By E Jayashree Kurup It has been a harsh winters for consumers and developers for the real estate sector. But this period has also coincided with some welcome structural and policy changes that will usher in long-term gains for the sector. Demonetisation The sector was battling weak consumer sentiments due to poor deliveries when demonetisation…
April 2011: “The club has been rescued, thank God, of the fantastic heritage of Liverpool Football Club, but it was a close call.” William Gaillard, adviser to UEFA president Michel Platini. May 2012: People have short memories, its only 15-16 months ago we were a day away from being in administration. We are now stable…
Terence Coventry, from Gainsborough, Lincolnshire, was appointed the sole director of Alliance Traffic Services Ltd in April 2016 before he caused the company to enter into a factoring agreement a month later. The factoring agreement, which Coventry personally guaranteed, set out the terms where an independent finance company would buy Alliance Traffic Services invoices in…
CEDARHURST, N.Y., Feb. 08, 2019 (GLOBE NEWSWIRE) — The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff…
NEW YORK, Feb. 08, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
Retirement planning People try to save as much as they can for retirement. However, most find that their efforts often fly out the window without a proper goal and plan. Creating an achievable long-term retirement plan is absolutely necessary. Likewise, its also important to learn the skills that will enable an individual to grow their…
Bournemouth brothers Shahab Hashtroudi, Shahin Hashtroudi, and Hedayat Hashtroudi, ran pubs and restaurants in Hampshire, Dorset and Surrey, using the money to prop up their loss-making business empire and fund their lifestyle. Shahab Hashtroudi drove a Porsche and sent his child to private school. From October 2008 they set up 11 companies, all of which…
NEW YORK, Feb. 07, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
Anima, the parent company that created Kronaby watches, has declared itself insolvent and filed for bankruptcy in its native country of Sweden. The company is now in the hands of a trustee appointed by the court, and continues to trade. CEO Pl Borge told WatchPro today that they have been working to find a new…