Pauline Muldowney, more commonly known as Pauline Gopee, was disqualified for 12 years on 7 December 2018 at the High Court of Justice.
The court heard that Pauline Muldowney was the sole formally appointed director of Pangold Investments Limited in March 2016 and just over a year later on 27 April 2017, a winding-up order was made against Pangold Investments.
Yet just four days before the company was going to be shut down by the courts, Pauline Muldowney caused Pangold Investments on 23 April 2017 to transfer property assets, with an estimated value of more than 2.5 million, to her father-in-law Dharam Prakash Gopee for just 1.
However, not only was Dharam Gopee a disqualified director, the transfer also breached a restraint …
Read the full article at: https://www.miragenews.com/southend-director-banned-for-transferring-assets-to-father-in-law/
AT&T Inc is going to restructure
its WarnerMedia business, according to an internal memo to employees on Monday
seen by Reuters, as it is lining up to challenge the Walt Disney Co and Netflix
Inc at streaming video services.
AT&T restructuring began with
resignation of two top executives leaving, as Richard Plepler, HBOs head and
David Levy, both left the company at start of this month, but there will
possibly another round of more layoffs and cost cutting plans the company will
be going through as part of its
restructuring strategy.
Last week AT&T finally got
clearance for its $85 billion deal to acquire Time Warner when an appeal court
ruled in favor of the company in a case challenging the deal and now AT&T
is more focusi…
Read the full article at: https://newsstoriesworld.com/att-is-restructuring-warnermedia-to-launch-netflix-challenging-video-streaming/
Its odd to think that to the under 40s, Magenta Devine is not a household name, immediately conjuring up in the minds eye a pair of shades and a designer outfit. To uncharitable types, that description might signify that she was an insubstantial figure, part of a generation of TV presenters whose contribution to the medium was frivolous and fashion-fixated and who therefore deserved to be be blown away, like superfluous tinfoil wrapping, into permanent obscurity. Sadly, Devine did suffer from depression having departed the limelight and was declared bankrupt in 2003. That, however, was a deeply unfair fate.
Devine was a pioneering figure in a new approach to cultural and current affairs programme-making that brought the graphic language…
Read the full article at: https://www.theguardian.com/tv-and-radio/2019/mar/06/magenta-devine-network-7-rough-guide-80s-tv-icon-of-style-and-substance
The former international airport at Elliniko in southern Athens. The public sector in Greece is not poor, but it has never focused properly on the assets it owns and manages on behalf of the citizens. This needs to change, says Bob Traa.
In previous Notes for Discussion, we have looked at a long-term plan to bring the debt down; issues in state enterprises and whether these might be best managed in the private sector or by public sector managers; and the public sector balance sheet, which should reflect all the debt but also all the assets that the government owns.
It was recognized that the debt ratio is too high for Greece and that it will take a long time to bring this down a gradual plan is called for. We also …
Read the full article at: http://www.ekathimerini.com/238329/article/ekathimerini/business/an-idea-for-incentive-compatible-debt-relief
Colonial Life clients can now ease their employees worries over student loan debt, thanks to a new partnership with FutureFuel.io.
Colonial Lifes new program can aid employers in their efforts to support a debt-free future for the growing U.S. workforce saddled with student loan debt. This program is designed to reduce the life of each users student loan debt through education, refinancing options and making it easier for employees and their employers to contribute.
Student debt now tops an estimated $1.5 trillion, and more than 25 percent of full-time workers between 23 and 53 named finances as the top cause of daily stress in a recent Colonial Life survey.
We know that student loan debt can be a major cause of stress for millions of A…
Read the full article at: https://www.globalbankingandfinance.com/colonial-life-program-helps-employees-ease-student-loan-debt/
Todays entrepreneurs want to find markets of opportunity that give them the freedom and success to develop and grow their businesses. Thats why so many are pursuing solutions for complex problems, particularly ones for which traditional approaches havent worked.
Without solutions, many of these issues continue to grow, making them ideal candidates for a startup to tackle. One of the most pressing financial problems in our country right now for both employees and employers is the mountain of student debt thats approaching Everest-like proportions. In fact, recent figures put student debt at $1.5 trillion, with 44 million people in the U.S. struggling to come to terms with their financial burdens.
Some innovative companies and organiz…
Read the full article at: https://www.forbes.com/sites/serenitygibbons/2019/03/06/5-ways-businesses-can-help-conquer-student-debt/
This is to inform you that the 13th meeting of the Committee of Creditors (CoC) of Sterling Biotech Limited (under Corporate Insolvency Resolution Process) (the Company) was held on Wednesday, 27th February 2019 at 10:00 A.M. at IMC Bldg., IMC Marg, Churchgate, Mumbai – 400 020, Maharashtra, India.
The e-voting on the resolutions put to vote for second event at the 13th meeting of the CoC of the Company commenced at Monday, 04th March 2019 at (11:00 a.m. IST) and concluded on Tuesday, 05th March 2019 at (04:00 p.m. IST)
In this regard, outcome of the E-Voting results is attached.
Source : BSE – www.bse…
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/sterling-biotech-ltd-corporate-insolvency-resolution-process-cirp-updates-corporate-insolvency-resolution-process-cirp/article26446064.ece
- Denim clothing maker Diesel USA declared bankruptcy, citing mounting financial losses and bad investments
- The company says store thefts and fake invoices are also hurting its performance
- Diesel plans to eventually exit bankruptcy and even open additional stores
Diesel, a maker of denim clothing known for five-pocket jeans, filed for Chapter 11 bankruptcy protection, citing mounting losses, bad investments and theft.
The company cited losses at its brick-and-mortar locations, a reflection of the problems plaguing a range of retailers amid a consumer shift to online retailers such as Amazon. In its bankruptcyfiling, Diesel USA chief restructuring officer Mark Samson noted the company was unable “to sustain the kinds of losses it has suffere…
Read the full article at: https://www.cbsnews.com/news/diesel-bankruptcy-jeans-company-denim-chapter-11/
- Denim clothing maker Diesel USA declared bankruptcy, citing mounting financial losses and bad investments
- The company says store thefts and fake invoices are also hurting its performance
- Diesel plans to eventually exit bankruptcy and even open additional stores
Diesel, a maker of denim clothing known for five-pocket jeans, filed for Chapter 11 bankruptcy protection, citing mounting losses, bad investments and theft.
The company cited losses at its brick-and-mortar locations, a reflection of the problems plaguing a range of retailers amid a consumer shift to online retailers such as Amazon. In its bankruptcyfiling, Diesel USA chief restructuring officer Mark Samson noted the company was unable “to sustain the kinds of losses it has suffere…
Read the full article at: https://www.cbsnews.com/news/diesel-the-jeans-company-known-for-pricey-denim-files-for-bankruptcy/