Related Story: PUP donations made before Queensland Nickel financial woes: Palmer Clive Palmer’s Queensland Nickel has gone into voluntary administration, company directors have announced. FTI Consulting has been appointed to manage the company’s operations as voluntary administrators, effective immediately. On Friday, the self-proclaimed billionaire federal MP’s refinery sacked 237 workers, citing…
Video will begin in 5 seconds. More video Recommended Replay video Sacked workers: ‘pretty heartbreaking’ Workers sacked at Clive Palmer’s Townsville nickel refinery on Friday say they “can see the place folding in six months anyway”. Nine News PT1M24S 620 349 Clive Palmer’s struggling Queensland Nickel has gone into voluntary administration amid controversy over donations made…
Published 17/01/2016 | 02:30 Three people have been ordered to appear before the High Court in connection with the liquidation of Irish Education Business and Research Limited The High Court has ordered three people to appear for examination under oath, to facilitate the liquidation of a collapsed English-language school that went insolvent more than 18…
“Startup friendly tax measures will be announced in the forthcoming Budget”. This fund, launched by the Prime Minister Modi in September 2015 during the Startup Konnect event in California, will support innovation and innovative startups in areas of healthcare and life-sciences, sustainability, and digital technologies. “Suggested to Korean CEOs that major Korean companies can invest…
Priority will be given to programmes like Start-Up Mission to generate more employment In India entrepreneurship is no longer being looked down in the guise of a frugal or flexible innovation and the government will take steps to make capital easily available and ease rules to enable startups to flourish, Commerce and Industry Minister Nirmala…
Employment generation is govt’s top-most priority Kick-starting its ambitious Start-Up Mission, the government on Saturday promised to prioritise such measures for greater employment generation and said it was committed to ensuring start-ups a friendlier regulatory regime, easier capital availability as well as quicker exit norms through a bankruptcy law. Pointing out that entrepreneurship was no…
Erik Buell Racing, circa 2014. Photo by David Swarts, copyright Roadracing World Publishing, Inc. The Walworth County (Wisconsin) Circuit Court has approved the sale of Erik Buell Racing (EBR) to Liquid Asset Partners–the same liquidation company that dismantled and sold off Buell assets in 2009-2010–for $2 million, according to a report published today by…
Last Modified: Fri, Jan 15 2016. 06 57 PM IST In the march of motivated policy reforms that are afoot in India, a new insolvency code was tabled in Parliament last month. A hat tip is due to the Bankruptcy Law Reform Committee (BLRC) for the dramatic qualitative upshift from its interim report. The…
CHEYENNE WINhealth Partners, once the second-largest health insurance company in Wyoming, will be liquidated. Laramie County District Judge Thomas Campbell signed an order Tuesday to liquidate the company because he determined it was insolvent. Liquidation means the dissolution of a company whose assets are turned into cash to pay off its debts. Wyoming Insurance Commissioner…
Written by Rajeev Chandrasekhar | Published:January 15, 2016 7:59 am Lets face it, Indias economic and reform performance in 2015 has disappointed many. Despite outperforming its BRICS compatriots by being the fastest growing economy in 2015 at 7.5 per cent, its bright spot status does not leave room for complacence in 2016. Domestic private investment…