Reform UK Donations From Collapsing Firms Are ‘Not Under Investigation’ Says Elections Watchdog as It Calls for Loopholes to Be Closed

Reform UK leader Nigel Farage during an appearance on LBC. Photo: PA BYLINE TIMES IMPACT: Find out about the changes you made happen A raft of donations to Reform UK from companies on the brink of liquidation, in breach of their legal reporting duties, or otherwise facing financial concerns are not under investigation by the…

Stubbs liquidation returns 7c in dollar to creditors

Seven cents, and the little guys got zero Three years after Gisborne forestry operator Stubbs Contractors went into liquidation in May 2023, the final liquidators’ report has closed the file with numbers that should give every trade supplier pause. Against total creditor claims of $4,795,715, the liquidators distributed just $341,898, roughly 7.1 cents in the…

Enhancing corporate bankruptcy prediction and customer relationship sustainability through CNN-based financial feature transformation

Based on the comprehensive analysis of a dataset comprising 43,405 companies (with only 2,091 labeled as bankrupt), this study demonstrates that addressing severe class imbalance through appropriate resampling techniques significantly enhances bankruptcy prediction performance and, consequently, enables more reliable assessment of companies’ capacity to maintain sustainable customer relationships. Two balanced datasets were created: a downsampled…

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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

Stubbs Contractors liquidation: Gisborne forestry firm falls nearly $4.5m short of creditor claims

Their final liquidators’ report was released at the end of last month. Preferential, secured and unsecured creditors combined claimed $4,795,715. The total distributed to creditors was $341,898 – $32,340 to preferential creditors and the rest to secured creditors. The largest creditor was UDC Finance, which claimed $2.875m as a secured creditor. It recovered $231,533, or…

Stubbs Contractors liquidation: Gisborne forestry firm falls nearly $4.5m short of creditor claims

Their final liquidators’ report was released at the end of last month. Preferential, secured and unsecured creditors combined claimed $4,795,715. The total distributed to creditors was $341,898 – $32,340 to preferential creditors and the rest to secured creditors. The largest creditor was UDC Finance, which claimed $2.875m as a secured creditor. It recovered $231,533, or…