WILLEMSTAD – The organizer of the Curaçao Pontoon Festival, Sumusica Curaçao bv, has been declared bankrupt by the judge. From papers of the organization, there is a debt of 350,000 guilders. This debt is mainly to people who bought tickets in pre-sale, suppliers, local and foreign musicians and sponsors. The bankruptcy trustee thinks that no…
Cambridge Analytica CEO Alexander Nix was suspended amid the Facebook data harvesting scandal Getty Images / The Washington Post / Contributor When Cambridge Analytica the firm at the heart of the controversy about alleged harvesting of 87 million Facebook users data to microtarget voters announced this week it was instigating insolvency proceedings, many cheered its…
REI Agro, a firm that claims to have a 22 per cent share in the worlds basmati rice market, has gone in for liquidation after the National Company Law Tribunal (NCLT) ordered it to do so. Sources in the know of the matter said the makers of India Gate basmati rice, the…
It was the culmination of a fascinating and gripping title race that had it all: twists and turns, ups and downs, unpredictability, world-class talent, a fairytale story, and a final day destined to be monumental and unforgettable. Indeed, 5 May 2002 proved to be all that and more. It was a turning point in the…
In this April 18, 2018, file photo, a graphic from Cambridge Analytica’s Twitter page is displayed on a computer screen in New York. A published report said the data firm at the center of Facebook’s privacy debacle is closing its doors. (AP Photo/Mark Lennihan, File) The company at the center of the Facebook privacy scandal,…
VI Fitness Centres members, trainers and staff showed up Wednesday to find the doors locked at its eight Island locations, and printed notices declaring the company is bankrupt. Spencer Salmond, five-year VI Fitness trainer at the University Heights location in Saanich, said he received emails from clients asking what was happening that morning. But nobody from…
News Danny McCance 3 May 2018 04:17pm A round-up of this week’s appointments, promotions, board moves and resignations … Read the full article at: https://economia.icaew.com/en/news/may-2018/movers-and-shakers-3-may
LONDON (AP) The company at the center of the Facebook privacy scandal, political consultancy Cambridge Analytica, is going out of business. But that doesn’t mean those behind the entity will escape the scrutiny of regulators. As authorities continue to investigate the use of the data of millions of people, here’s a look at what the…
Lanco Infratech, currently under insolvency proceedings, today said its Resolution Professional (IRP) is approaching the NCLT seeking approval for”the company’s liquidation or any other direction”as”a potential buyer has come with a revised “resolution plan”. The revised plan had been submitted by Thriveni Earthmovers, a Tamil Nadu-based infra and mining firm, on Tuesday as the creditors…