Ecsponent, the financially distressed previously JSE-listed company now named Afristrat Investment Holdings, has paid the former client that launched a high court application to liquidate the company in an attempt to get paid the R433 000 owing to it for services provided. The settlement agreement will possibly result in Afristrat relaunching its high court application…
New research has revealed that personal insolvency agreements (PIAs), or Part X agreements, are surging in popularity over bankruptcies to effectively negotiate legacy debts. You’re out of free articles for this month Based on statistics from the Australian Financial Security Authority (AFSA), PIA numbers had almost reached pre-COVID-19 levels, which demonstrated a growing trend in…
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Mineral Sands Resources Faces Provisional Liquidation TipRanks Read the original article here
Star Entertainment needs money — urgently. The company has been walking a tightrope of financial difficulty for months and all signs point to the casino operator losing its balance and falling into administration this week, experts warn. It entered a trading halt on Friday after missing its deadline to report its half-year results to the…
Medipharm Plan considers liquidation after failed funding efforts in South Korea – CHOSUNBIZ 조선비즈 Read the original article here
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‘Hard-wired to make losses’: Whyalla steelworks bleeding $1.5m a day MSN Read the original article here
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Property owners homeless after joint ventures gone wrong BusinessDesk Read the original article here