Insolvency Guardian Media Centre
- Increasing global insolvency levels heighten risks for executives.
- The febrile geopolitical landscape poses liability challenges for global corporations caught up in world events.
- “AI washing” is an emerging risk trend, leading to securities class action lawsuits.
- D&O market remains competitive but a step up in scrutiny of corporate conduct around the globe means loss potential is still high.
SINGAPORE – Media OutReach Newswire – 5 December 2024 – Directors and Officers (D&Os) have been operating in a highly complex environment throughout 2024, and further volatility can be expected during 2025. Executives face multiple exposures in an increasingly…
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WASHINGTON (WGEM) – U.S. Sen. Dick Durbin, D-Ill., is calling on the Biden administration to help out students who have been defrauded by for-profit colleges before President Joe Biden leaves office Jan. 20, 2025.
Durbin led a letter with U.S. Sen. Ed Markey, D-Mass., and U.S. Rep. Maxine Waters, D-Calif., to U.S. Secretary of Education Miguel Cardona asking him to ensure the department forgives student debt that people took out to pay for what Durbin calls “predatory schools.”
Durbin said the department needs to follow through on the promise it made in 2022 to 1.2 million borrowers who attended schools that engaged in documented fraud and misconduct. This includes students who attended Corinthian Colleges and ITT Technical Institute,…
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WASHINGTON (WGEM) – U.S. Sen. Dick Durbin, D-Ill., is calling on the Biden administration to help out students who have been defrauded by for-profit colleges before President Joe Biden leaves office Jan. 20, 2025.
Durbin led a letter with U.S. Sen. Ed Markey, D-Mass., and U.S. Rep. Maxine Waters, D-Calif., to U.S. Secretary of Education Miguel Cardona asking him to ensure the department forgives student debt that people took out to pay for what Durbin calls “predatory schools.”
Durbin said the department needs to follow through on the promise it made in 2022 to 1.2 million borrowers who attended schools that engaged in documented fraud and misconduct. This includes students who attended Corinthian Colleges and ITT Technical Institute,…
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Debt management business Solve My Debt Now will admit liability in action by the Australian Securities and Investments Commission alleging customers were worse off after using its services.
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Maketū Pies has been saved again — two weeks into its liquidation process.
Privately-owned catering business Montana Group took over the 42-year-old brand and its about 20 employees today.
Maketū Foods Ltd was placed into voluntary solvent liquidation by its previous owner, Te Arawa Management Ltd, at the end of November, and liquidators had been seeking a buyer for the business.
Te Arawa bought the company in a receivership process five years ago.
Montana Group employed about 1000 people and had 30 kitchens across Tāmaki Makaurau and the Waikato.
Representatives from Montana Group met with the Maketū Pies team this week to make introductions and start the transition process.
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Lawrence Dallaglio hasn’t answered cash demands to pay £354k tax bill MSN
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Maketū Pies was placed into solvent liquidation in November.
Photo: Laura Smith
Maketū Pies has been saved again, two weeks into its liquidation process.
Privately-owned catering business Montana Group took over the 42-year-old brand and its about 20 employees today.
Maketū Foods Ltd was placed into voluntary solvent liquidation by its previous owner, Te Arawa Management Ltd, at the end of November, and liquidators had been seeking a buyer for the business.
Te Arawa bought the company in a receivership process five years ago.
Montana Group employs about 1000 people and has 30 kitchens across Tāmaki Makaurau and the Waikato.
Representatives from Montana Group met with the Maketū Pies team this week to make…
Read the original article here
As Netflix releases a new documentary, Return of the King: The Fall and Rise of Elvis Presley, centered around the star’s triumphant 1968 Comeback Special, we look at the relationship between the king of rock ‘n’ roll and his deceitful manager, Tom Parker, who ultimately destroyed Elvis’ career…
If you happened to be on the gaming floors of the Hilton Hotel in Las Vegas during the early-to-mid 1970s, there’s a strong chance that, no matter what time of day or night you entered, you’d spot a six-foot-tall, grossly overweight man in front of the roulette table. With an elephant-head cane resting by his side, a cigar clamped into his mouth and a cheap baseball cap sat…
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Discussions to liquidate NZ’s leading solar panel company began at least six weeks before the decision was announced to staff, according to sources.
SolarZero wasn’t even close to meeting ambitious sales projections, and had gone back to shareholder BlackRock seeking a further equity injection. That would be on top of $257.8 million already invested by GRPIII, a global renewable energy fund managed by BlackRock.
The first liquidator’s report, published on Tuesday evening, reveals the company owes nearly $40m to employees, tradies and suppliers and other creditors. And although the firm’s 15,500 residential customers had been assured they were protected, it now emerges that 3 percent of them (nearly 500) don’t have…
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Wednesday, December 4, 2024 • ByLaura Smith, Local Democracy Reporting
Maketū Pies has been saved again, two weeks into its liquidation process.
Privately-owned catering business Montana Group took over the 42-year-old brand and its about 20 employees today.
Maketū Foods Ltd was placed into voluntary solvent liquidation by its previous owner, Te Arawa Management Ltd, at the end of November, and liquidators had been seeking a buyer for the business.
Te Arawa bought the company in a receivership process five years ago.
Montana Group employs about 1000 people and has 30 kitchens across Tāmaki Makaurau and the Waikato.
Representatives from Montana Group met with the Maketū Pies team this week to make introductions and start the transition…