UPDATE, 10.55am: SACKED overnight en masse, shocked and saddened Kimberley Kamper employees have been collecting their personal items from the gated Ballina factory this morning. Administrators from insolvency form SV Partners and a security guard have been letting workers in seven at a time into the complex in what is a coldly formal process. Workers…
July 26, 2018 The Chandigarh bench of the National Company Law Tribunal (NCLT) on Wednesday approved the resolution plan by single bidder Liberty House to acquire the assets of debt-laden Amtek Auto Ltd. The company was among the first list of 12 large bad loan accounts that the Reserve Bank of India (RBI) identified for…
A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. Bruno Strangio, He was one of 13…
Scottish personal insolvency numbers rise 25 July 2018 Image copyright Getty Images The number of personal insolvencies in Scotland rose between April and June, according to new figures. Accountant in Bankruptcy (AiB) reported 3,208 bankruptcies and protected trust deeds (PTDs) during the first quarter of the financial year. The figure was up 11.8% on the…
More Scots are falling into serious financial difficulty as inflation and slow wage growth affect household budgets. Figures from the Accountant in Bankruptcy showed more than 3,200 people entered personal insolvency between April and June, a rise of almost 12 per cent compared with the same period last year. The increase followed a 27.5 per…
A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. Bruno Strangio, He was one of 13…
Image copyright Getty Images The number of personal insolvencies in Scotland rose between April and June, according to new figures. Accountant in Bankruptcy (AiB) reported 3,208 bankruptcies and protected trust deeds (PTDs) during the first quarter of the financial year. The figure was up 11.8% on the same period last year, and 26.6% higher than…
The rate of personal insolvencies in King’s Lynn and West Norfolk has significantly increased over the last two years, official data has revealed. In 2015, 17.6 adults per 10,000 were declared insolvent in the borough, according to Insolvency Service figures. However by 2017 that figure had risen to 21.6, an increase of 22.5 per cent.…
A bankrupt property investor is hoping to sell his grade II listed mansion for £28 million. Kevin Cash, who built a £500 million global property empire, put North Aston Hall on the market after being declared insolvent at Oxford county court last Friday. The Jacobean-style mansion is set in 194 acres (790,000 sq m) of…
A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. He was one of 13 candidates across…