BusinessPosted at: Jul 20, 2016, 12:50 AM; last updated: Jul 20, 2016, 12:50 AM (IST)No takers for properties in region Also in this section Vijay C Roy Tribune News Service Chandigarh, July 19 The slump in the real estate sector has cast shadow over the liquidation of assets of defaulting industrial units…
John Kirk-Anderson Embattled Super 8 Boxing promoter Enth Degree is fighting to stay in business Christchurch-based charity boxing promoter Enth Degree is fighting for survival over a loan dispute. The company is negotiating with a creditor who has lodged liquidation proceedings in the High Court over a disputed $80,000 loan. Enth Degree’s Justin Wallace has organised the Fight for Christchurch and…
IT’S ‘business as usual’ as Eagle Boys has gone into voluntary administration. The Australian company confirmed the news via a statement their website late last week. They said in the statement this does not extend to franchisees; all Eagle Boys stores remain under the control of individual franchisees and will continue to operate…
Every time a Pokemon Go fan drains a smartphone battery chasing virtual monsters, its a reminder that chip technology has a long way to go. The company poised to push the boundaries of mobile computing is ARM Holdings Plc, which has built a business designing chips that squeeze the most out of limited battery capacity…
The first Mad Butcher store in Mangere, founded in 1971 by Sir Peter Leitch, has gone into liquidation. It is the sixth to do so since March last year and follows the recent closure of two other stores. Four stores in the Veritas Investments-owned franchise [NZX: VIL] went into liquidation over a period of three weeks last…
A MUM-OF-TWO has slammed lowcostholidays for taking nearly £400 in a holiday instalment HOURS before announcing they had gone bust. Furious Natasha Prescott, 28, paid the remaining £369 for an Ibiza holiday with her partner Wayne Jackson, 30, and sons Bradyn, six and Declan, three, on Friday morning. Natasha Prescott Natasha Prescott paid the final…
Sophie Morris – The West Australian on July 19, 2016, 12:34 am Illustration: Toby Wilkinson Like doomed footsoldiers on the blood-soaked battlefield of the Somme in 1916, subcontractors in the construction industry are so numerous, they are considered expendable. Thats the startling analogy cited by a Senate committee report into insolvencies in the industry, underlining…
India recently passed a new bankruptcy code that promises tougher action against corporate defaulters. But, as lawyers tell Ranajit Dam, having it implemented quickly and easily might be a challenge. With reporting by Manoj Kumar of Reuters According to the World Banks Ease of Doing Business Rankings 2016, India ranks 130 out of 189 economies,…
Illinois health insurer announces liquidation as Obamacare co-ops collapse By Kristina Betinis 18 July 2016 Last week Illinois Land of Lincoln Health insurance co-op announced plans to liquidate, affecting health insurance for more than 49,000 people in the state. This is the sixteenth liquidation of an insurance co-op established in 2013 as part of…