Homebase is preparing to announce the closure of up to 80 stores next week, with the probable loss of about 1,000 jobs. The loss-making DIY chain, which was bought by the restructuring experts Hilco in a deal agreed in May, is expected to file a company voluntary arrangement (CVA), a form of insolvency that enables…
Katie Price is facing the bankruptcy court today: PictyureRex Features As Katie Price continues to face alleged financial woes, the star is set to appear at the bankruptcy court today. The star was once said to be worth £45million, however shes scheduled to appear at the Rolls Building in London, part of the High Court,…
With the Company Voluntary Arrangement (CVA) of House of Fraser reportedly hanging in the balance, the well-publicised difficulties facing the retail sector are widespread. There have been significant criticisms made of CVAs, in particular in relation to complaints that they are being abused to avoid leasehold liabilities relating to unprofitable trading locations. The House of…
Katie Price yesterday avoided bankruptcy, for now (Picture: Rex Features) Katie Price was yesterday spared the formal declaration of insolvency, after she was given 12 weeks to repay her debts. The former glamour model who was once worth £45million failed to appear at the Rolls Building on Tuesday to find out if she would be declared…
Beaufort Securities was declared insolvent in March (PA) The Share Centre acquires 15,000 Beaufort Securities accounts Independent.ie The Share Centre has acquired 15,000 customer accounts from the administrators of Beaufort Securities. https://www.independent.ie/world-news/the-share-centre-acquires-15000-beaufort-securities-accounts-37195732.html https://www.independent.ie/world-news/article37195731.ece/82736/AUTOCROP/h342/ipanews_7e13308b-1d81-4c22-8820-ee1037be9193_1 Email The Share Centre has acquired 15,000 customer accounts from the administrators of Beaufort Securities. Broker Beaufort Securities was declared insolvent by the Financial…
The Share Centre acquires 15,000 Beaufort Securities accounts BelfastTelegraph.co.uk The Share Centre has acquired 15,000 customer accounts from the administrators of Beaufort Securities. https://www.belfasttelegraph.co.uk/business/uk-world/the-share-centre-acquires-15000-beaufort-securities-accounts-37195734.html https://www.belfasttelegraph.co.uk/business/uk-world/article37195733.ece/9fefe/AUTOCROP/h342/bpanews_7e13308b-1d81-4c22-8820-ee1037be9193_1 Email The Share Centre has acquired 15,000 customer accounts from the administrators of Beaufort Securities. Broker Beaufort Securities was declared insolvent by the Financial Conduct Authority in March, with PwC appointed to…
Katie Price ‘bankruptcy’: Star could be declared financially insolvent TODAY as she appears in court… amid claims she’s selling her £2 million mansion Katie will appear in court on Tuesday for a financial hearing The mother-of-five was believed to be facing bankruptcy last year, with reports claiming she shells out £10,000 a month to maintain…
Although no further details of the companies involved were disclosed, the figures could suggest problems with phoenixing where company owners make their business insolvent to avoid paying tribunal awards or other penalties, only to set up a new, almost identical company shortly afterwards. In the current climate, where we hear of town centres being depleted…
Katie Price has avoided being declared bankrupt after a High Court hearing over her finances was adjourned for nearly three months. A judge at the Rolls Building in central London agreed to put off a hearing while the ex-glamour model tries to reach an agreement with her creditors. … Read the full article at: https://www.standard.co.uk/news/uk/katie-price-avoids-being-declared-bankrupt-as-hearing-is-adjourned-for-three-months-a3905421.html
BRITISH model and businesswoman Katie Price will appear at the bankruptcy court this week as she faces total financial collapse. The reality star, once worth $AU75 million, is scheduled to arrive at the Rolls Building in London, part of the High Court, for a hearing that could see her formally declared insolvent, The Sun reports.…