What CBL’s interim liquidation means for solicitors? – Legal Futures
What CBLs interim liquidation means for solicitors? 9 May 2018
Depraved paedo declared himself bankrupt to avoid paying £400k compo to traumatised victim – The Sun
CONVICTED paedophile David Glass has dodged paying £393,000 in compensation to his victim by declaring himself bankrupt while behind bars. The 59-year-old businessman was jailed for five years in January for sexually assaulting young boys at his caravan in the East Neuk, Fife. Alan Richardson David Glass has declared himself bankrupt, avoiding having to pay…
Unrated Alpha – policies no longer in force amid bankruptcy – Insurance Age
Cover ended on 8 May 2018. Danish-based unrated Alpha Insurance has been declared bankrupt after a filing by the liquidators. The Danish Financial Supervisory Authority has urged all policyholders to seek new policies as all existing cover has been terminated. Claims already filed may be met by the Danish Guarantee Fund in certain categories and…
Victim of ‘bankrupt’ paedophile faces losing £400000 – The Times
The victim of a convicted paedophile has spoken out about a legal loophole through which he could lose almost £400,000 in compensation after his abuser made himself bankrupt. David Glass, 59, was jailed for five years in January for sexually assaulting three boys after befriending their parents and winning their trust. A court ordered Glass,…
MoviePass parent drops 31% on looming cash crunch – TechCrunch
The big question in the media world today is whether MoviePass parent company Helios and Matheson can stanch the bleeding of its cash flows before it becomes insolvent. In a new filing today with the SEC, Helios informed investors that it had $15.5 million in available cash, with another $27.9 million in accounts receivable from…
Man arrested three times at the Conway Golf Club wants to intervene in the club’s litigation – Myhorrynews
A Conway man, arrested three times in one week on the Conway Golf Clubs property, has filed a motion asking that his attorney be allowed to intervene on his behalf in the legal proceedings surrounding the possible sale of the property. Christopher Ross, 53, says in his motion that he cant properly represent himself because…
Rome: Public bus catches fire near Trevi Fountain – Deutsche Welle
An electrical short circuit was apparently responsible for sending a public bus up in flames on Tuesday in Rome. Initially people thought it was a terrorist attack. Residents and tourists watched the bus turn into a blazing inferno in the heart of Rome’s historic center. No one was seriously injured. The incident happened shortly after…
Mentiis the Mortgage Bot can help you get a home loan from LJ Hooker sort of – finder.com.au
Meet Mentiis, a friendly chatbot who really wants to help you get a mortgage but just can’t close the deal. Automated chatbots are increasingly common in online commerce, but in the mortgage industry, you’re almost certain to be speaking to a human sales rep even in an online chat. Bot technology is still fairly rudimentary,…
Insolvency law shake-up to impact business contracts – My Business
The new financial year will mark sweeping reforms to insolvency rules, with a legal firm warning the impacts on new business contracts will be far-reaching. Last September, Financial Services Minister Kelly ODwyer flagged a softening of insolvency rules in a bid to reduce the number of businesses voluntarily entering or being pushed into insolvency prematurely.…
Amid political challenges, Myanmar prizes UK investment for economic renewal – Myanmar Times
The UKs Department of International Trade organised an outward mission to the UK in March, led by U Kyaw Myo, deputy transport and communications minister. The delegation included a dozen officials and 27 business representatives, who met with over 150 British businesses to explore potential commercial opportunities. In a wide-ranging interview, U Aung Naing Oo,…