Cancer fraudster Belle Gibson spent more than $90,000 in two years and went to Bali and Africa, but still claims she cannot pay her fine for conning Australians. The disgraced wellness blogger was fined $410,000 for breaching consumer laws after claiming she cured her non-existent brain cancer through diet and alternative therapies. A financial analysis…
Wherever Belle Gibson goes scandal is known to follow and the latest twist in the disgraced cancer con-womans saga is no different. Tonight, A Current Affair can lift the lid on her secret job working for a well-known Melbourne gentlemans club. The explosive revelation comes as Ms Gibson returned to the Federal Court today to…
11:26 20/06/2019 MOSCOW, June 20 (RAPSI) The Commercial Court of St. Petersburg and Leningrad Region has dismissed a claim for vicarious liability filed by a former co-owner of Sovetsky bank against the banks ex-board chair Robert Musin and two other top managers of the financial organization, according to court records. Vladimir Mitrushin has also asked…
A son of Russian-Israeli businessman Lev Leviev may be declared bankrupt after ignoring requests to pay back some 700,000 shekels ($195,000) in debt, and the court-appointed trustee overseeing his assets is seeking to sell his 10.5 million-shekel home. … Read the full article at: https://www.haaretz.com/israel-news/business/.premium-leviev-s-son-owns-a-3-million-home-but-faces-bankruptcy-for-195-000-debt-1.7395351
The Insolvency and Bankruptcy Code (IBC) has provisions for individuals as well, but they are yet to be notified. In a move that is being seen as a precursor to notifying bankruptcy rules for individuals, the government is reportedly considering moving ahead with Fresh Start, a part of IBC that applies to low-income individuals who…
Sydney-based Optus services provider Anderson IT has entered into voluntary liquidation with more than $500,000 owed to creditors. The 10-year-old company, which ran an Optus Business Centre in North Sydney, appointed liquidator Graeme Beattie of Worrells, on 3 June facing more than $1.1 million in total financial liabilities. Subsequent liquidation proceedings revealed the insolvent company…
Jet Airways is continuing to face a negative streak since collapsing in April. After the collapse of a sale, it seems more unlikely than ever before that Jet Airways will fly again. Currently, Jet Airways is staring down the barrel of insolvency proceedings that are incredibly likely to go through. Jet Airways is likely to…
Under the conditions of the order, Christopher James Dawson (36) of Spalding, Lincolnshire, is unable to borrow more than 500 without telling a lender that he is subject to extended restrictions, or act as a company director without the courts permission for 12 years. The court heard that Christopher Dawson was appointed joint director of…
FW: Based on your experience, what steps do supply chain companies need to take following the insolvency of a major customer? How important is early action to manage the risks? Tilley: Insolvencies do not occur without some warning signs. At the first sign of distress, overdue receivables should be collected before further shipment and no…
In September last year, the US District Court for the District of Massachusetts gave a ruling to define bitcoin and other cryptocurrencies as commodities. Now it remains to be seen whether bankruptcy courts will follow this precedent when considering cryptocurrency in valuations and distributions. 17.05.2019|in Forecasts There is continuing legal uncertainty concerning the approach…