“I am not going to be too hard on my former management,” he wrote on Instagram. “They spread themselves too thin trying to support their people, and stuffed up the numbers.”
Not all of Ivanoff’s clients were so forgiving. Greg Larsen signed on with the company just a month ago: “Since Junkyard went insolvent, a lot of artists have been talking to each other, and realising that he owed more of his artists money than we thought.
“The artists haven’t been paid, and crew and other staff haven’t been paid.”
The timing is especially poor for comedians: Fringe World in Perth, which traditionally marks the start of the festival touring season, is just two months away.
The Junkyard artists are now scrambling to find new…
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Bust North Geelong firm had just $6 in bank account Geelong Advertiser
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Nepal’s Prime Minister K.P. Sharma Oli’s visit to
China has set the stage for a renewed infrastructure cooperation push under the
Belt and Road Initiative, a move seen as pivotal for Nepal’s economic goals but fraught with government coalition tensions over debt fears and risk of political fallout with its traditional ally,
India.
During his four-day trip to Beijing, Oli met with Chinese President
Xi Jinping, signed a framework deal under China’s Belt and Road Initiative, and secured 300 million yuan (US$41 million) in financial assistance.
China and Nepal initially signed a belt and road deal in 2017, but no projects have been planned or implemented since. Analysts say the new agreement will reinvigorate projects, which could…
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By Sydney Price ( December 4, 2024, 8:31 PM EST) — The Consumer Financial Protection Bureau informed a California federal court that a purported debt relief services company and its owner have agreed to cease operations and pay civil penalties for allegedly charging customers illegal upfront fees….
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With Donald Trump’s re-election campaign achieving victory on Nov. 6, questions for the outgoing administration come up. Student debt relief was a major aim for Joe Biden’s campaign, being both a rallying point and controversial move. According to the Federal Student Aid Office; individuals making less than $125,000 are eligible for up to $20,000 in debt relief. This was in an effort to take the burden of college debt off of low income families. According to the Congressional Research Service, one in six US adults has student debt which greatly affects the average person’s financial stability.
As this program is being run under the U.S. Department of Education. The Trump Administration’s plans for the…
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Wellington food company in liquidation after 32 years The Press
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Popular liquidation company opens storefront in Las Vegas MSN
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‘Very disappointing’: Unpaid work sends 40-year-old company to the wall The Press
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Jaiprakash Associates, facing insolvency proceedings, has an outstanding loan of Rs 55,526 crore as on November 10, 2024. The company is under the Insolvency and Bankruptcy Code (IBC).
New Delhi, Dec 5 (PTI) Crisis-hit Jaypee Group’s flagship firm Jaiprakash Associates, which is facing insolvency proceedings, has a total outstanding loan of Rs 55,525.89 crore as on November 10, 2024.
In a regulatory filing on Thursday, Jaiprakash Associates Ltd (JAL) informed the “total amount of outstanding borrowings from banks/financial institutions on a provisional basis” stood at Rs 55,525.89 crore as on November 10, 2024.
JAL has been admitted into the corporate insolvency resolution process in terms of the Insolvency and Bankruptcy Code, 2016…
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Home Drainage Protection Service Ltd aggressively cold-called pensioners, people with medical conditions and other vulnerable people offering fake drainage protection plans
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The company’s crude sales tactics included threatening people with the police and bailiffs if they did not sign up to their service
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The firm also made unexplained payments worth millions of pounds to dozens of other companies, filed unverifiable accounts and failed to produce accounting records when requested by the Insolvency Service
An Essex company which aggressively cold-called vulnerable people to sell drainage and electrical protection plans which had little or no real value, has been shut down.
Basildon-based Home…
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Bhubaneswar: A 22-year-old youth reportedly took his own life on Thursday in Bhubaneswar, allegedly driven by an addiction to online gaming and the pressure of mounting debts incurred from his gaming activities.
The deceased, identified as Shasanka Sekhar Satpathy, was a resident of Tinimundia Square under the Lingaraj Police Station in the Capital City.
According to family members, Shasanka had been deeply engrossed in online gaming, spending long hours playing at home. In recent days, however, he became increasingly withdrawn and displayed signs of distress. Tragically, he was found hanging at his residence.
Despite his family’s efforts to rush him to Capital Hospital, doctors declared him brought dead.
Lingaraj Police officials, upon…
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