The company entered voluntary liquidation on November 24. David Blenkarn and Gregory Palfrey, insolvency practitioners from accountancy firm Smith & Williamson, were appointed as joint liquidators for the winding up process. In a statement of affairs filing on Companies House, European debt purchaser Intrum Justitia is listed as a company creditor, to the value of…
At his call to bar in December 2015, Kenneth Ononeze Okwor bagged 10 awards, shattering the previous record set 2 months earlier. He received the Best Student of the Year given by 3 donors, Council of Education Star Prize, Prize for 1st Class Students, Corporate Law Practice Award given by 2 donors,Property Law Practice Award,…
A man has been jailed for stealing more than $100,000 from an agribusiness consultancy in order to fuel his gambling habit. Shane Lloyd Vincent Comiskey, 49, was ordered to serve nine months of a three-year sentence on Monday after pleading guilty in Brisbane District Court to four counts of fraud as a director. The court…
The downturn in world economies has placed business under severe pressure in the last few years. In South Africa, the knock-on effect has been felt, with several businesses going out of business, filing for liquidation and with many turning to the South African business rescue procedure as a possible lifeline. Chapter 6 of the Companies…
By: Rob McKay Date: 16.01.2017 Main aim initially is to return operations to business as usual after McAleese dramas Mark Rowsthorn has had an interesting few years Rivet MD Mark Rowsthorn will spend the next 120 days…
16 January 2017 Garth Corbitt, Maritimo CEO. Boat builder uses voluntary administration for pre-float housekeeping. The manufacturing arm of Queensland boat builder Maritimo went into and out of voluntary administration towards the end of last year, a move which the company says was part of an internal restructure in preparation for a future stock market…
THE COMPANY behind a claim over Rangers and the liquidated club plc’s £16 million cash pot is itself being wound up. Investment firm Worthington Group PLC was accused of stymying the process of reimbursing businesses that were owed money by the former Rangers company – which ranged from giants such as Coca-Cola to a picture framer in…
Photo: iStock Industrial, mining and resources manufacturing company Ozcon Industries has temporarily closed its business after been placed in voluntary liquidation last week. The pipe and bore casing supplier, based on the Darling Downs at Dalby, Queensland. announced at 10.30 am on Thursday it was shut for business, according to a recorded message on Ozcons head office…
THE COMPANY behind a claim over Rangers and the liquidated club plc’s £16 million cash pot is itself being wound up. Investment firm Worthington Group PLC was accused of stymying the process of reimbursing businesses that were owed money by the former Rangers company – which ranged from giants such as Coca-Cola to a picture framer in…
Delay in payment of debts was yesterday suggested to help people who are indebted to banks and non-banks and are heavily affected by the devastating floodings that hit 12 southern provinces currently. The suggestion came from the National Credit Bureau amid growing concern that many bank and non-bank clients could default payments and could be…