Mybet Holdings management board confirmed this (Tuesday) afternoon that it is preparing an application to open insolvency proceedings after talks with a strategic investor collapsed. The board said in a statement that the company owes 4m (£3.5m/$4.5m) in sports betting taxes and faces imminent illiquidity. An application covering all three of mybets German group companies…
Tuesday, August 14, 2018, 14:50 Insolvency register to be linked to European e-Justice portal The Courts of Justice, in partnership with the Registrar of Companies, has acquired an EU grant to develop an integrated National Insolvency Register that will in future be interconnected to the European e-Justice Portal. This electronic register aims to provide information…
Katie Price shamelessly promotes a brightening blue face mask amid her bankruptcy woes Katie Price, 40, was given three months to pay off her £250K debt The businesswoman was once estimated to be worth £45million Reality star Katie has built up a social media empire of 1,900,000 Instagram fans The mum-of-five showed her fans how…
The majority of companies going for liquidation under the Insolvency and Bankruptcy Code (IBC) have been non-operational for almost over a decade. With assets depreciating over time, experts say, the demand from buyers will be muted, leading to large haircuts for lenders and creditors. These companies have not been doing well for a considerably…
On 26 June 2017, the Recast EU Insolvency Regulation (recast EIR) entered into force, replacing the EU Regulation on Insolvency proceedings (EIR), which had been in place since May 2002. The new legislation set out new provisions for cross-border insolvencies. It broadened the scope of the original regulation to pre-insolvency proceedings and introduced a significant change in no…
Katie Price ‘attempts to sell £150K pink horse box in a bid to raise money’ amid bankruptcy woes By MailOnline Reporter Published: 02:47 AEST, 13 August 2018 | Updated: 02:47 AEST, 13 August 2018 e-mail View comments Katie Price has reportedly attempted to sell her £150,000 pink horse box after she was given three months…
Katie Price ‘shelled out £2million on three exes and cleared estranged husband Kieran’s £50,000 debt’… as she narrowly avoids bankruptcy By Connie Rusk For Mailonline Published: 06:12 AEST, 11 August 2018 | Updated: 07:16 AEST, 11 August 2018 e-mail 302 View comments Katie Price has been hit by claims she shelled out £2million on her…
Katie has avoided having to declare bankruptcy (Picture: Rex Features) Katie Price has voiced being formally declared insolvent. The former model, 40, who was once worth £45million did not appear the Rolls Building bankruptcy court on Tuesday morning. However the reality star instead avoided bankruptcy by submitting an application to pay off her creditors with…
Shane and Gillian Filan. Gillian Filan was declared bankrupt by the High Court six years after her husband Shane took the same action for debts of more than 20 million Gillian Filan, wife of Shane, is also declared bankrupt Independent.ie The wife of ex-Westlife singer Shane Filan has been declared bankrupt six years after her…
THERE has been a spike in the number of Mildura locals who are in serious debt and are applying for personal insolvency, according to the Australian Financial Security Authority. Results for the June quarter show Mildura sat alongside Ballarat and Geelong as the top three regions with the highest number of debtors, with 23 new…