Maurice Blackburn call on 7-Eleven to guarantee compensation to exploited workers – Cessnock Advertiser

Maurice Blackburn call on 7-Eleven to guarantee compensation to exploited workers 7-Eleven Maurice Blackburn employment principal Giri Sivaraman. 7-Eleven has attracted scorn over its behaviour. Photo: Paul Jeffers Protesters from the Young Workers Centre pin signs to the windows of a 7-Eleven store. Photo: Paul Jeffers exit   Employment law firm Maurice Blackburn has urged…

Newcastle leads the pack in personal insolvencies | Illawarra Mercury – Illawarra Mercury

NEWCASTLE has the highest rate of personal insolvency in regional NSW according to figures released by the Australian Financial Security Authority. Across the Hunter there were 215 cases of personal insolvency in the June quarter of 2017, with Newcastles 43 debtors the largest in the state outside of Sydney. Across Australia there were 7,729 debtors who entered a…

Insolvency Board to pull up firms acting as resolution professionals to banks – Economic Times

NEW DELHI | MUMBAI: The Insolvency and Bankruptcy Board of India (IBBI) is looking into a complaint that some professional service firms were acting as insolvency resolution professionals (IRPs) to help banks manage and restructure insolvent companies. Under law, professional entities can’t enrol themselves as an insolvency professional or become a member of another agency…

Ex-American Apparel CEO Dov Charney is counting on your amnesia for his fashion comeback – The Sydney Morning Herald

Dov Charney refuses to disappear. In a recent interview with Bloomberg, the disgraced CEO of American Apparel, whose famously skeezy behaviour saw him ousted from his business two years ago, unveiled a thriving new venture a wholesale basics company called, you guessed it, Los Angeles Apparel. “It still is a nail-biter,” says Charney, who has re-hired…

NCLT admits ICICI Bank’s insolvency petition against ABG Shipyard – Business Standard

Yet another large defaulter, ABG Shipyard Ltd., on Tuesday saw insolvency proceedings under the Insolvency and Bankruptcy Code (IBC) 2016 being initiated by the Ahmedabad bench of National Company Law Tribunal (NCLT).  The bench, chaired by Justice Bikki Raveendra Babu, admitted the petition for insolvency proceedings initiated by lender ICICI Bank against ABG…