A builder who left a gaping hole in a woman’s house where her kitchen once stood has been handed a suspended jail sentence.

Gary Roberts, from Cheshire, persuaded his victim to pay over £17,000 for new windows and a rear extension in 2021, which he never completed. The 60-year-old then paid himself more than £11,000 in funds from his GR Developments 1 Ltd company at the time it was entering liquidation.

(rdnewsNOW/ Ian Gustafson)

By rdnewsNOW staff

not bankrupt

Apr 3, 2025 | 1:01 PM

Sunterra Quality Food Markets Inc., an Alberta-based company with multiple arms, including a line of grocery stores, has filed for bankruptcy protection.

More precisely, the company filed a notice of intention to make a proposal under the Bankruptcy and Insolvency Act, with Harris & Partners Inc. appointed as the company’s proposal trustee.

In court documents dated March 24, 2025, it’s stated the company, which has a location at Bower Place Shopping Centre in Red Deer, is not actually bankrupt, but has made itself available through an insolvent person with court…

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(Reuters) – Russian opposition politician Boris Nadezhdin, who tried unsuccessfully to run against Vladimir Putin in a presidential election last year, was declared bankrupt by a Moscow court on Thursday, state media reported.

Acting on a petition filed in May 2024 on behalf of Rosenergobank, which itself went bankrupt in 2017, the arbitration court found Nadezhdin had unfulfilled obligations to the bank totalling 77.4 million roubles ($918,700).

As winter thaws into spring, many of us feel inspired to declutter our homes and refresh our living spaces. But what about our finances? Just like that junk drawer or overstuffed closet, credit card debt can accumulate quietly in the background until it becomes an overwhelming burden, which can be quite risky in today’s high-rate, high-balance landscape. 

Right now, the…

A Christchurch takeaway and restaurant business with sushi outlets under the Hachi Hachi brand has folded owing staff holiday pay and a hefty tax bill.

The seven companies owned by Hachi Hachi founders and directors Titi Khemarangsan and Bundit Kijpalakorn were placed in voluntary liquidation on March 25.

Initial liquidator reports for the businesses amounted collectively to a total estimated shortfall of $2.54 million, including $1.37m owed to Inland Revenue in income tax for employees’ wages (PAYE) and goods and service tax.

This included nearly $130,000 in holiday pay owed to out-of-pocket staff.

The liquidator noted Inland Revenue had begun recovery action, the directors placing the companies in voluntary liquidation after…

The works went up for sale in February just a matter of weeks after companies associated with the operation went into liquidation.

Black Origin Meat Processors (Gore) Ltd was put into liquidation by a shareholders’ resolution in December.

The plant is owned by Blue Sky Meats (Gore).

The company was put into liquidation just five days after the plant operator went into liquidation.

Blue Sky Meats and Black Origin Meat Processors share the same shareholders.

Blue Sky Meats allowed Black Origin Meat Processors Ltd to operate and remove any stock remaining on site until December 27 when the site was…

If you owe a significant amount of debt, it can feel tough to get ahead. Inflation is still above its ideal target, taking a bite out of your purchasing power. Interest rates are also still relatively high, adding to the cost of borrowing. For example, credit card interest rates are above 20%. If you’re behind on payments, you could be hit with an even higher penalty APR.

Whether you have…

A Russian court declared former presidential hopeful Boris Nadezhdin bankrupt over past campaign debt, the Kommersant business newspaper reported Thursday.

Nadezhdin, 61, sought to challenge President Vladimir Putin in the March 2024 presidential race on an anti-war platform but was barred from running. Though unsuccessful, his short-lived campaign drew support from Russians opposed to the invasion of Ukraine despite a wartime crackdown on dissent.

In May 2024, Rosenergobank — which itself went bankrupt in 2017 — petitioned a Moscow arbitration court to declare Nadezhdin bankrupt. The politician resigned as a municipal deputy in the Moscow region the following month.

The court ruled that Nadezhdin owed Rosenergobank 77.4…

Cosmetics and beauty retailer The Body Shop’s operations in New Zealand have entered liquidation, resulting in the cessation of all storefront operations…