Dudley director jailed for falsely claiming £50,000 Covid Bounce Back Loan Craig Smith lied about his turnover to secure the maximum loan available. Craig Smith was charged with fraud after receiving £50,000 he was not entitled to Smith was jailed earlier this month following Insolvency Service investigations The boss of a property maintenance company who…
Dudley director jailed for falsely claiming £50,000 Covid Bounce Back Loan Craig Smith lied about his turnover to secure the maximum loan available. Craig Smith was charged with fraud after receiving £50,000 he was not entitled to Smith was jailed earlier this month following Insolvency Service investigations The boss of a property maintenance company who…
While AI may arguably be the most significant change in the accounting world, the continual increase in corporate insolvency is where accountants should focus their attention, writes Trevor Withane. Corporate insolvency on the rise Australian corporate insolvency appointments have almost tripled since the 2021–2022 financial year, with the highest numbers occurring in NSW. The hardest-hit…
“Without HECE, KOASH would go bankrupt”/ Archbishop Joan: His Beatitude Anastasius made autocephaly a condition for the Patriarchate cna.al Read the original article here
Latest data from Accountant in Bankruptcy has found that business insolvencies in Scotland decreased by 5% to 298 in 2025-26 Quarter 2 (Q2) from 313 in 2024-25 Q2. Business insolvency numbers in Scotland for 2025-2026 Q2 decreased by 10% compared to last quarter. Commenting on the latest insolvency stats, Emma Widdowson, chair of R3 in…
Two key enablers of a scheme designed to undermine insolvency legislation by allowing business owners to keep their assets and drop debts have been banned as company directors. Sisters Karen Mortimer and Joanna Seawright put the creditors of 138 companies at risk of financial loss after taking control of the businesses which were referred to…
Officials also warned that disincorporation or bankruptcy each carry major long-term implications. ISLETON, Calif. — It has been more than a year since the Isleton financial crisis began, and there is still no end in sight. City leaders met Tuesday evening for a presentation on the few paths available to climb out of debt, but…
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REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Anthony Lamprell, 52, was declared bankrupt in July 2019 but continued to be listed as a director of the five companies until September 2021. Bolton Crown Court heard how in one of the company’s cases, Rubysol Ltd, he resigned as a director in August 2019. Prosecutor Louise Cowan said: “But he admitted to running Rubysol…