Category Archives: Bankruptcy

Kazakh finance ministry presents draft law to improve rehabilitation, bankruptcy procedures – Astana Times

ASTANA The Ministry of Finance presented Jan. 10 the draft law on improving rehabilitation and bankruptcy procedures of business entities at the Mazhilis (lower house of Parliament). Kanat Baedileov Approximately 4,000 business entities are undergoing the bankruptcy procedure and 400 enterprises are in need of rehabilitation The number of business entities in difficult financial situations…

Ex-Everton striker Marcus Bent declared bankrupt despite earning £10m in his playing career – The Sun

EX-PREMIER League striker Marcus Bent has gone bankrupt owing millions in unpaid tax. The former Everton star, 40, who earned an estimated 10million from football, was made bankrupt in the High Court after failing to pay HMRC several large tax bills. Simon Jones – The Sun Marcus Bent was declared bankrupt by the High court…

How does PG&E bankruptcy affect CA customers & employees? – Sacramento Bee

PG&E is about to go bankrupt. But the troubled utility said it will keep the lights on and is committed to a fair and expeditious resolution of the billions of dollars it faces in potential liabilities from the Camp Fire and the 2017 wine country fires. How can PG&E survive? Heres a look at what…

Supreme Court sustains Mzomeras bankruptcy case: Political future hang by the thread f – Nyasa Times

The Supreme Court of Appeal Justice Rezin Mzikamanda has sustained the bankruptcy order onMzimba Hora legislator the Reverend Christopher Ngwira. Mzomera: Not off the hook Ngwira, a former deputy Cabinet minister in former president Bingu wa Mutharikas administration, was declared bankrupt in June this year after allegedly failing to pay $75 222.06 (about K55 million)…

Jobs to be created as personal insolvency firm acquires debt management business – The Business Desk

The UKs largest personal insolvency provider is set to create jobs following the acquisition of a Birmingham-based debt management business. Creditfix has expanded its range of debt relief solutions by acquiringB2C Finance, trading as Back2Credit, a debt advisor based in Birmingham, in a move which is to create 20 jobs for the city. Creditfix has…

Jobs to be created as personal insolvency firm acquires debt management business – The Business Desk

The UKs largest personal insolvency provider is set to create jobs following the acquisition of a Birmingham-based debt management business. Creditfix has expanded its range of debt relief solutions by acquiringB2C Finance, trading as Back2Credit, a debt advisor based in Birmingham, in a move which is to create 20 jobs for the city. …

Ex-Middlesbrough FC striker Marcus Bent declared bankrupt after cocaine-fuelled fall from grace – Gazette Live

Former Boro striker Marcus Bent has been declared bankrupt, capping off a spectacular fall from grace. The 40-year-old starred for Everton, Crystal Palace and Leicester, reportedly pocketing close to 1m-a-year at his Premier League peak. However public records show the skint ex-player has been forced to declare himself bankrupt in the High Court. The move…

Glass business Sunpartner Technologies files for insolvency – pv magazine International

French BIPV glass manufacturer Sunpartner is seeking buyers for its two businesses after starting insolvency proceedings due to the lack of short-term funding. January 14, 2019Emiliano Bellini French PV glass technology company Sunpartner Technologies has filed for insolvency. The company said in a statement on its Linkedin account it is seeking buyers for its two…

Lawsuits allege fraud, conspiracy in insolvency of St. Joseph Health Services of Rhode Island plan – Pensions & Investments

Courts By Hazel Bradford June 20, 2018 4:21 pm Updated 4:23 pm Getty Images/iStockphoto Class-action lawsuits on behalf of participants in the insolvent St. Joseph Health Services of Rhode Island Retirement Plan were filed in state and federal courts in…

NCLT admits insolvency plea against Parsvnath arm – Times of India

NEW DELHI: The National Company Law Tribunal has given its approval to start insolvency proceedings against a subsidiary of realty firm Parsvnath Developers. It admitted a petition filed by three homebuyers against the subsidiary firm Parsvnath Landmark Developers for inordinate delay in the development of a project in Delhi and non-refund of their payment. The…