Former Premier League Striker Carlton Cole Declared Bankrupt by London’s High Court – 90min

Former Premier League striker Carlton Cole has been declared bankrupt following his retirement from competitive football in March of this year.  As reported by The Sun, the now 34-year-old was given the verdict by London’s High Court on June 27th, despite earning a reported £30,000-a-week at the height of his playing career, although now hopes his recent plight…

How NCLT order makes liquidation easy – Economic Times

Mumbai: Indias dedicated bankruptcy court has sought to remove legal impediments to liquidation or loan-recovery proceedings by setting aside property attachment claims of state-run utilities or operational creditors that have not been paid their dues by bankrupt private-sector borrowers. The National Company Law Tribunals (NCLT) Allahabad bench said that district authorities cant prevent the sale…

How former Rich Lister Nathan Tinkler got out from under more than $540 million worth of debt – Newcastle Herald

NATHAN Tinkler has always been very good at collecting enemies. The one-time billionaire’s volatility and reputation for not paying his debts has seen him fallout with countless friends and people hes worked with, even his own family. Amid the wreckage of his collapsed business empire is his only sibling Donna Dennis and former trusted lieutenant Troy Palmer, both…

How former Rich Lister Nathan Tinkler got out from under more than $540 million worth of debt – Newcastle Herald

NATHAN Tinkler has always been very good at collecting enemies. The one-time billionaire’s volatility and reputation for not paying his debts has seen him fallout with countless friends and people hes worked with, even his own family. Amid the wreckage of his collapsed business empire is his only sibling Donna Dennis and former trusted lieutenant Troy Palmer, both…