Grant Evan Donley of Sydney, NSW has been disqualified from managing companies for two years for his role in the failure of three companies and trading while insolvent.
The three construction companies specialised in interior fit-outs. They include:
- Conceptual Interiors NSW Pty Ltd A.C.N 165 311 795 (Conceptual Interiors NSW);
- Conceptual Interiors Group Pty Limited A.C.N 621 617 230 (Conceptual Interiors Group); and
- Conceptual Interiors Pty Ltd A.C.N 109 381 811 (Conceptual Interiors).
ASIC found that Mr Donley:
- allowed Conceptual Interiors NSW and Conceptual Interiors Group to trade while insolvent when the company was unable to meet its liabilities as and when they were due to be paid;
- failed to ensure Conceptual Interiors NSW …
Read the full article at: https://www.miragenews.com/asic-disqualifies-director-from-managing-571746/
Hotel quarantine security provider Unified Security has gone into liquidation, a court has been told. Picture: Toby Zerna The firm responsible for security at a major Victorian hotspot hotel has gone into liquidation as it faces a lawsuit alleging the states second wave was its fault.
Unified Security is the lead defendant in a class action suing it for damages for allegedly allowing Covid-19 to get into the community.
But the Supreme Court of Victoria on Friday was told the firm was out of money and had gone under.
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Unified Security supplied guards at Rydges on Swanston, from where 90 per cent of positive Covid cases seeded in the states second lockdown.
Also named in the suit is MMS Security, which was respons…
Read the full article at: https://www.theaustralian.com.au/breaking-news/hotel-quarantine-company-unified-security-goes-into-liquidation-as-lawsuit-looms/news-story/e43fd10f26ce74276d75ac7466480cbe
A federal judge’s ruling this week could shield the Sackler family from Massachusetts’ lawsuit over the family’s role in the opioid epidemic, and Attorney General Maura Healey is not happy about it.
Healey was among the first state attorneys general to file lawsuits against both Purdue Pharma and members of the Sackler family – who own the company – over aggressive sales practices for their opioid painkiller Oxycontin.
Purdue has filed for bankruptcy protection, and the company has proposed a settlement plan to resolve all claims against the company as well as shield it from other lawsuits. On Wednesday, the federal judge overseeing the case allowed that deal to move forward, and ruled the same protections should be granted to the Sa…
Read the full article at: https://www.wgbh.org/news/local-news/2021/06/03/healey-says-sackler-family-trying-to-hijack-and-abuse-bankruptcy-process-to-shield-themselves
A young Dublin father who said he was holding drugs, tobacco and a loaded firearm for others in order to pay off gambling debts has been jailed for four years.
illiam Fagan (29), of Merchants Square, East Wall, pleaded guilty at Dublin Circuit Criminal Court to possession of cannabis for sale or supply, possession of 9mm semi-automatic pistol and ammunition and tobacco products on which excise duty had not been paid at his home on April 16, 2020.
Garda Damien Egan told Kieran Kelly BL, prosecuting, that gardai searched Fagan’s home and he readily admitted that the cannabis, valued at 35,805, as well as a small amount of other illegal drugs were his and no one else knew about them.
Gardai also recovered tobacco products on which excise…
Read the full article at: https://www.sundayworld.com/crime/courts/dublin-man-who-was-holding-contraband-to-pay-gambling-debt-jailed-40500285.html
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Go to TopBeing able to borrow money to make important purchases can help dreams come true, but, if payments on debts become more than you can manage, the situation can become more like a nightmare.
One way out of this unpleasant scenario is with a debt management plan prepared and implemented with the help of a consumer credit counselor.
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A debt management plan lets you make a single monthly payment that covers all of your unsecured debts that are included in the plan. Its not a loa…
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Aaron Drever talks to staff at The Fish and Chippery in Grey Lynn. Liquidator Gareth Hoole claims Drever helped negotiate the deal to buy the outlet.
A fish and chip company with links to struck-off real estate agent Aaron Drever is in liquidation and officials plan to refer allegations of potential wrongdoing to police and the Official Assignee.
Liquidators are trying to trace more than $100,000 that’s alleged to have been sunk into three takeaway ventures by a wealthy Australia-based investor.
They are also alleging potential breaches of insolvency rules by Drever – an undischarged bankrupt – and probing whether takings were split between different Eftpos machines and diverted to other bank accounts, a liquidator’s report claims.
Dre…
Read the full article at: https://www.nzherald.co.nz/nz/fish-and-chip-company-linked-to-former-real-estate-agent-aaron-drever-liquidated/73XBTARBD5H7P5YITVGY5PFKHI/
The federal government appears to have declared war on retirement. Unlike other wars, this one isnt only undeclared, it wasnt even intended. But, intended or not, the federal government has taken a series of steps that have given us a war nonetheless.
Ironically, this war began with Social Security in 1935. Rather than establishing a forced savings program wherein people would save money during their working years and withdraw during retirement, the government established a Ponzi scheme wherein later participants paid off earlier participants. As with all Ponzi schemes, the program was sustainable only so long as there were more people paying in than were drawing out. By the early1980s, too few people were paying in, and Congress fir…
Read the full article at: https://www.orlandosentinel.com/opinion/guest-commentary/os-op-war-on-retirement-social-security-20210603-ucnclstfsbg4ta2uc7sn6iy5aa-story.html
Read the full article at: https://www.echolive.ie/corknews/arid-40305218.html
A delivery driver living in Cork who turned to smuggling cannabis in desperation after racking up a large gambling debt has been given a four-year suspended sentence for drugs possession.
Pakistani national Muhammad Qaisar, aged 32, of Glanmire Road, Cork City, has no previous convictions except for a matter concerning a residency visa.
Garda Niamh Guilfoyle told Fiona McGowan BL, prosecuting, that she stopped Qaisar in a car on April 15, 2020 at St Olivers Park in Clondalkin, Dublin 22.
Cannabis worth 20,400 was found in several parcels concealed in the car, including in the spare wheel well which Qaisar pointed out to Garda himself.
He was arrested and admitted when interviewed that he had driven from Cork to Dublin in order to coll…
Read the full article at: https://www.irishexaminer.com/news/courtandcrime/arid-40304663.html
