One was hooked on pachinko to the point of suicide; the other took a samurai approach to gambling. A recovering pachinko addict and a professional gambler tell The Straits Times their stories. THE EX-ADDICT Mr Sachio Ooishi, a 42-year-old electronic product sales manager, began playing pachinko at 17 and quit only 18 years later. “At […]

Kolkata, July 21 (IANS) The Kolkata bench of the National Company Law Tribunal (NCLT) on Friday issued an interim order admitting State Bank of Indias (SBI) insolvency application against the city based Electrosteel Steels Limited for initiating the corporate insolvency resolution process. The petition filed by the Financial Creditor (in the case SBI) under section […]

The business failure rate in Scotland rate fell significantly in the three months to June, new figures for KPMG show. The professional services firm said total corporate insolvency appointments fell 27 per cent to 196 in the second quarter to 30 June, down from 270 recorded in Q2 of 2016. Separate research from R3, the […]

The preliminary insolvency administrator of SolarWorld AG, attorney at law, Horst Piepenburg, has given details about the current situation regarding preliminary insolvency proceedings. During preliminary insolvency proceedings, the company not only processed and sold existing inventory goods, but was also able to generate new business opportunities in the low double-digit million range. This allowed production […]

Warehouse reduction part of Adveo’s strategy to move to e-commerce business model

Financial responsibility is an important aspect of life and children can learn it from an early age according to National Debt Relief. The recently published article titled “How To Teach Children About Financial Responsibility” released June 29, 2017 talks about some key points parents can consider to help impart some sense of financial maturity to […]

RECENTLY collapsed Northern Rivers trucking company Flynn Transport owes more than $800,000 to the Australian Tax Office for unpaid employee superannuation, according to documents from a creditor’s meeting held this week. The debt is held by NSW Employment Company Pty Ltd, one of the three companies which went into liquidation when Flynn officially closed on […]

Liquidation sales kick off Friday at the 59 locations that embattled retailer Sears Canada plans to close as part of its corporate restructuring. (See a complete list of closing locations at the bottom of this page.) Customers can expect savings of up to 50 per cent off,  the company told Global News. Sears Canada filed […]