Insolvency Guardian Media Centre
Gambling with company funds: Don’t pass go, proceed directly to sequestration Polity.org.za
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A boardroom ban has been imposed
A Co Down man has accepted a six-year boardroom ban after his building and construction company went bust while owing more than £100,000.
Eamonn McNamee (58), from Carrowmannan Road, Belleeks, Newry, was found to have transferred money meant for a creditor to his own personal bank account, and to have made cheques and payments to trade creditors that the company was not able to fulfil.
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Casa’s 50% liquidation sale to reach Brussels on Friday The Brussels Times
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Final drop falls in Wellington bar’s liquidation thepost.co.nz
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The North Ayrshire Health and Social Care Partnership’s ‘Money Smart’ service, previously known as Money Matters and Welfare Reform Advice, will start on May 1.
It provides free, confidential, and impartial welfare rights advice for North Ayrshire Council housing tenants, and others who meet specific criteria.
This includes those with dependent children, a disability, or who are carers.
Debt and money advice is also available for council tenants and eligible persons receiving welfare rights advice from Money Smart.
The service helps with benefits checks, making claims, disputing benefit decisions, and appeal representation at tribunals.
It also assists with debts, affordable repayment plans, insolvency options,…
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Helen Spurgeon is worried about her son Alex Chambers’ future.
He followed his passion to pursue an arts degree but that’s left him with an enormous HECS debt even as the value of the degree falls.
“$50,000 — that is a lot of money for someone who’s only 21 and that is before the cost of going on to ever buy their own property,” Ms Spurgeon said.
It’s an increasing concern for parents as the cost of some degrees skyrocket and their own HECS debts look paltry compared to those of their children.
Ms Spurgeon completed a masters in accounting just over 10 years ago at a cost of…
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A boardroom ban has been imposed
A Co Down man has accepted a six-year boardroom ban after his building and construction company went bust while owing more than £100,000.
Eamonn McNamee (58), from Carrowmannan Road, Belleeks, Newry, was found to have transferred money meant for a creditor to his own personal bank account, and to have made cheques and payments to trade creditors that the company was not able to fulfil.
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The Star casino could go broke within weeks. How? LiSTNR Articles
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Jeanswest will close all 87 of its retail stores in the next six weeks, after going into voluntary administration in late March.
The company behind the iconic retailer, Harbour Guidance, which bought out Jeanswest in 2020, has made the decision to run as an exclusively online retailer.
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The Aussie fashion giant last month announced the store closures, which could impact up to 600 jobs.
Jeanswest will look to sell off the remaining stock and close the doors for the last time in six weeks, The Australian reported.
It is believed administrators Lindsay…
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57-Unit Burger King Franchisee Declares Bankruptcy QSR Magazine
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Popular Tasmanian craft brewery Fox Friday and its subsidiaries have been placed into voluntary administration after facing significant financial challenges.
Owners Sarah and Benn Hooper announced the appointment of McGrathNicol as administrator in a statement released today.
The Hobart-based brewery operate the popular ‘Fox Friday’ branded bar on Murray Street in Hobart, alongside two other locations in Melbourne and Perth.
The company also runs the Moonah Hotel and Cellars and Melbourne’s Carwyn Cellars.
The venues are expected to continue trading during the administration process.
“Unfortunately, we’ve faced significant financial…
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23andMe goes bankrupt as only 550,000 subscribe to gene testing Financial Post