Denim clothing maker Diesel USA declared bankruptcy, citing mounting financial losses and bad investments The company says store thefts and fake invoices are also hurting its performance Diesel plans to eventually exit bankruptcy and even open additional stores Diesel, a maker of denim clothing known for five-pocket jeans, filed for Chapter 11 bankruptcy protection, citing…
David Green (56), from Liverpool, signed a disqualification undertaking following an investigation by the Insolvency Service. The ban prevents him from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company. Bilt Group Limited was incorporated in February 2016 as the vehicle to carry out…
Credit Intelligence (ASX:CI1) CEO Jimmie Wong speaks to The Capital Networks Executive Director Lelde Smits about why global debt is increasing and how personal bankruptcy is becoming a bigger threat. Mr Wong holds a Bachelor of Laws degree from the University of Hong Kong and has over 20 years experience as a leading insolvency lawyer…
A Kiwi businessman was still an undischarged bankrupt when he became a director of a company that was later found to have been involved in a scamming operation across the Tasman. Photo: Screengrab / ABC New Zealander Eddie Kang, who was director and co-director of more than 30 now-removed businesses in the country, was declared…
If youre having to consider the option of an Individual Voluntary Arrangement then its perfectly understandable that youll want to source the very best advice according to your individual circumstances and even that of your family. In this article we take a closer look at what you should look for in an Insolvency Practitioner; together…
Up to 190MW of PV capacity is already in operation in the Prieska area (Credit: Orion Minerals) Clean energy firm juwi could build a 35MW hybrid wind and solar facility to sustain a zinc-copper mine in South Africa under a deal with the owner. The collaboration agreement signed with Orion Minerals will see juwi examine…
Corporate insolvencies rose by ten per cent in 2018, consultancy firm Begbies Traynor said in a trading update this morning, as it reported it was on track to meet full-year expectations. The restructuring firm announced it had seen a good flow of insolvency appointments in the three months to the end of January this year,…
Divorce is not the only scenario in which you can be affected by whether you married in community of property or out of community of property, according to attorney Simon Dippenaar. He points out that another major event to consider is insolvency. What is insolvency? He explains that insolvency is not the same as bankruptcy,…
When we think of celebrities, we always think of them as having tons of money. Money that will buy them luxury cars, destination homes and so much more. But thats not always the case. Many celebrities go from being famous and having it all to being bankrupt almost overnight. In some cases, this may be…
NEW YORK, March 03, 2019 (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Yangtze River Port and Logistics Limited, YRC Worldwide Inc, Natural Health Trends Corp., and Maiden Holdings, Ltd. Stockholders have until the deadlines listed below to petition the court…