The restaurant industry sure seems to be struggling these days. To wit: Noon Mediterranean, formerly known as Verts, filed for bankruptcy protection. Just last week, Mike Isabella Concepts declared bankruptcy. So did Rubys Diner. This after Real Mex Restaurants filed last month. Barnes & Noble admitted that its full-service restaurant experiment has been a major…
THE liquidator of a failed Rockhampton building company has released its report – and it’s not good news for the company’s 138 unsecured creditors. Metro Builders ceased trading on June 9, more than six months after becoming insolvent, owing more than $2.4million. On Tuesday, director and sole shareholder Glen Finning declared personal bankruptcy. Liquidator Christopher…
KUALA LUMPUR, Sept 13 Prominent lawyer Tan Sri Muhammad Shafee Abdullah built a reputation for getting people off charges as grave as murder, drug trafficking and corruption, but is now in the dock just like his varied clients. Shafee used to working from the outside as counsel for high-profile politicians and businessmen was formally accused…
Tan Sri Muhammad Shafee Abdullah leaves the Kuala Lumpur Courts Complex September 13, 2018. Picture by Azneal Ishak KUALA LUMPUR, Sept 13 Prominent lawyer Tan Sri Muhammad Shafee Abdullah built a reputation for getting people off charges as grave as murder, drug trafficking and corruption, but is now in the dock just like his varied…
Ryan Thomas jokes he ‘now knows how to pay the taxman’ after his £40K bankruptcy hell… as he admits he ‘dreams of making millions after CBB’ The 34-year-old actor, who was crowned winner of CBB on Monday, appeared on Jeremy Vine to discuss Punchgate and his future success Back in 2013, Ryan, who starred as…
A company that once received the biggest ever deal on the Australian edition of Shark Tank, but was marred by controversy in the months after the show aired, has fallen into voluntary administration. Coffee pod manufacturer iCapsulate was placed into voluntary administration late on Monday, with Rodgers Reidy administrator Andrew Barnden appointed to oversee the…
Recently-published UK government proposals to tighten up insolvency laws and address the business practice of phoenixing have put a fresh spotlight on a notoriously tricky area of financial regulation. Under the plans, company directors who dissolve their business to circumvent obligations such as staff payments and pension commitments could face substantial fines. The legislative backdrop…
The viral publisher Unilad, known for its commitment to student-friendly online banter, is facing insolvency proceedings following a demand from HM Revenue and Customs (HMRC) amid concerns over the future of the sites Facebook-centric business model. HMRC issued a winding-up petition against Unilads parent company in July, which is due to be heard at the…
A troubled Sheffield city centre pub which ran into financial difficulties has announced its immediate closure. The Sentinel Brewhouse in Shoreham Street has shut its doors immediately and laid off seven staff although the attached brewery will continue to trade while a buyer is sought. The Sentinel Brewhouse. Last year, it was revealed that the…
Vocally she could range from the plumminess of a duchess to the raucous expletives of the charwomen she used to meet as a footloose single girl sharing a Mayfair flat with a West End prostitute. But in person, as the journalist Gyles Brandreth recorded in his diary, that husky, purring voice is for real. On…