UPDATE, WEDNESDAY: A decision on the future of the CQ Leagues Club is likely to be made within “20 to 30 business days, the club’s administrator says. A statement issued shortly after midday today by Worrells Solvency & Forensic Accountants has confirmed the board of the CQ Leagues Club Limited appointed Morgan Lane and Paul…
A COMPANY director from Bolton has been banned for five years after his firm arranged employment for illegal workers. Zamirahmed Munshis company, Dankart Limited, which has now gone into liquidation, was issued with a £60,000 fine after Home Office Immigration Officers (HOIE) discovered 12 people working illegally. Their employment had been organised by Dankart. Officials…
Axon Energy Products has placed its Gateshead subsidiary business into liquidation after attempts to lower costs failed. Axon Energy Products (UK), which is based on the Team Valley trading estate, was placed into liquidation on December 20 2016. The closure of the business has affected nine members of staff who worked in the Gateshead office.…
We need a speedy bankruptcy code to resolve distress while maintaining the priority structure of claims. The bankruptcy code will give creditors more ability to resolve distress and help strengthen the corporate bond market, which is so essential to infrastructure financing. Raghuram Rajan, former Governor, Reserve Bank of India, in September 2015. Fifteen months later,…
BI Intelligence See Also Digital shines at Bed Bath & Beyond Amazon announces Digital Day promotional event Examining the next generation of payment providers competing in the burgeoning digital commerce market This story was delivered to BI Intelligence “E-Commerce Briefing” subscribers. To learn more and subscribe, please click here. Department store chain Macys will close…
The stock of BANK OF IRELAND (GOVERNOR & COMPANY OF THE) NON-CUM PRFA#1 LIQUIDATION (LON:BKIC) hit a new 52-week high and has GBX 19.33 target or 8.00% above todays GBX 17.90 share price. The 5 months bullish chart indicates low risk for the GBX company. The 1-year high was reported on Jan, 10…
A COMPANY director from Bolton has been banned for five years after his firm arranged employment for illegal workers. Zamirahmed Munshis company, Dankart Limited, which has now gone into liquidation, was issued with a £60,000 fine after Home Office Immigration Officers (HOIE) discovered 12 people working illegally. Their employment had been organised by Dankart. Officials…
Shares of BANK OF IRELAND (GOVERNOR & COMPANY OF THE) NON-CUM PRFA#1 LIQUIDATION (LON:BKIC) last traded at 17.9, representing a move of -1.92%, or -0.35 per share, on volume of shares. After opening the trading day at 0, shares of BANK OF IRELAND (GOVERNOR & COMPANY OF THE) NON-CUM PRFA#1 LIQUIDATION traded in a close…
Opinion Benn Richards 10 Jan 2017 01:10pm Benn Richards discusses proposals published by the European Commission in relation to a joined approach to the restructuring of corporate entiti… Read the full article at: http://economia.icaew.com/en/opinion/january-2017/us-style-restructuring-for-europe
State-owned bus company Bus Éireann’s financial situation has worsened, and without urgent reforms it could face insolvency within 18 months, according to informed sources. Late last year, Minister for Transport Shane Ross briefed his Cabinet colleagues and said the company was at crisis point, and could become insolvent within 24 months. However, the latest figures…