Insolvency Guardian Media Centre
Financial stress is one of the top causes of break-ups, according to Relationships Australia, and while bills, budgets and debt are hardly the stuff of romance, couples who talk money have a better sex life.
Okay, this may not be entirely true. In fact, I couldnt find any research to support it, but I did find that having these tough talks with your partner is the key to a healthier financial relationship.
So how do you start these awkward conversations?
Setting up fiscal date nights can help to break the ice. Bring a bottle of wine, sparkling mineral water or whatever it takes for you two to get into a money mood. While you should never be short on money topics, here are five themed fiscal date nights to get you started.
1. CONFESSION NIGHT…
Read the full article at: https://honey.nine.com.au/2019/03/04/11/12/financial-date-nights-every-couple-needs
The accommodation and food services industry saw a 21 per cent spike in corporate insolvency appointments over the 201718 financial year, while the retail trade sector saw a 19 per cent increase, according to Worrells Solvency and Forensic Accountants latest insolvency report.
Our experience in the last 12 months is indicative of what the Australian Securities and Investments Commissions statistics report, said Worrells partner Chris Cook.
The enquiries and discussions we have daily with business owners and their advisors tells me that theres more stress and pressure to come in the construction and retail industry and trading environments.
The makeup of the top five industries in the corporate insolvency analysis includes other (busine…
Read the full article at: https://www.accountantsdaily.com.au/business/12709-retail-food-sectors-see-spike-in-corporate-insolvency
Real estate analysts agree that tightening credit is a key driver of the house price decline across the country.
With banks now scrutinising loan applicants finances even more closely, preparation is the name of the game.
Gone are the days when you could casually walkinto a bank and come out with a home loan minutes later.
Helen Collier-Kogtevs, property investor and educator from Real Wealth Australia told Auction Day you need at least 90 days to get bank ready.
You can choose to gather your paperwork and apply straight away, but you run the risk of being declined, she said.
Lenders want to see a minimum of three months financial history to see how you manage your money.
Its best to take th…
Read the full article at: https://www.yourmoney.com.au/wealth/credit-and-loans/how-to-get-your-home-loan-approved-in-90-days/
Nikolay Kravchenko was accused of extortion under the threat of violence and organization of murder.
Crime lord Nikolay Kravchenko aka Kolya Bes, who was well-known in the criminal underworld and was buried in Veliky Novgorod, has been declared bankrupt. Heirs of the late crime lord so requested the court, Novgorod.Ru reports.
Before Kravchenko was recognized bankrupt, his debt to creditors was almost 5 million rubles ($75,840). After the death of Kolya Bes, his heirs asked the court to recognize their deceased relative bankrupt.
Nikolay Kravchenko was known for being accused of extortion under the threat of violence and organization of murder. He was detained in Ukraine …
Read the full article at: https://en.crimerussia.com/criminalauthorities/crime-lord-kolya-bes-who-killed-himself-declared-bankrupt/
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 resolution put to vote at the 13th meeting of the CoC of the Company commenced at Thursday, 28th February 2019 at (07:00 p.m. IST) and concluded on Saturday 02nd March 2019 at (08:00 p.m. IST)
In this regard, please note the following outcome of the E-Voting results:
1. TO CONSIDER AND APPROVE THE WITHDRAWAL OF THE CIRP OF THE COMPANY:
Result: The said resolution was rejected by the Committee of Creditors due to lack of requis…
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/sterling-biotech-ltd-corporate-insolvency-resolution-process-cirp-outcome-of-meeting-of-committee-of-creditors/article26423315.ece
NEW YORK, March 02, 2019 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Yangtze River Port and Logistics Limited ( YRIV) from February 2, 2016 through December 5, 2018, inclusive (the Class Period) of the important March 4, 2019 lead plaintiff deadline in the class action. The lawsuit seeks to recover damages for Yangtze River investors under the federal securities laws.
To join the Yangtze River class action, go to https://www.rosenlegal.com/cases-1476.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email [emailprotected] or [emailprotected] for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A …
Read the full article at: https://www.gurufocus.com/news/826575/yriv-march-4th-investor-deadline-rosen-law-firm-reminds-yangtze-river-port-and-logistics-limited-investors-of-important-deadline-in-securities-class-action–yriv
Hyderabad: The National Company Law Tribunal (NCLT) ordered an initiation of corporate insolvency process in respect of Indu Projects Ltd. The company is accused in at least half a dozen CBI and Enforcement Directorate (ED) cases in YS Jaganmohan Reddy disproportionate assets episode. However, the order is likely to result in further litigation from ED, legal experts say.
The NCLT order was a result of the grievances raised by Bank of India and a host of other banks including SBI and L&T infra finance which sought a repayment of Rs 2893 crore from Indu.
The company was allotted huge tracts of land a decade ago in united APs Anantapur (9,000 acres for setting up Lepakshi Knowledge hub), Shamshabad (250 acres for setting up Indu Tech Zone…
Read the full article at: https://timesofindia.indiatimes.com/city/hyderabad/indu-insolvency-may-attract-ed-challenge/articleshow/68238036.cms
Theres no question that applying your tax refund toward your outstanding debt is wise. If you owe more money than your refund will pay off, however, you may soon be faced with some important choices.
Which debts should you pay off first? Should you try to knock out one large debt or several smaller ones? Or, should you pay all of your debts down a little?
Here are two different approaches to help you decide which debt-elimination option is best for you:
Option one: Pay down debt that hurts your credit score
If youve decided to use your tax refund to pay down your credit-card debt, youll probably want to start at the bottom and work your way up.
This means you should try to pay off the credit car…
Read the full article at: https://www.seattletimes.com/business/paying-down-debt-with-your-tax-refund-heres-how-to-get-the-most-bang-for-your-buck/
American Assets Investment Management Llc increased its stake in Macquarie Infrastructure Cor (MIC) by 33.33% based on its latest 2018Q3 regulatory filing with the SEC. American Assets Investment Management Llc bought 10,000 shares as the companys stock declined 13.35% with the market. The institutional investor held 40,000 shares of the oil refining and marketing company at the end of 2018Q3, valued at $1.83M, up from 30,000 at the end of the previous reported quarter. American Assets Investment Management Llc who had been investing in Macquarie Infrastructure Cor for a number of months, seems to be bullish on the $3.43 billion market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $39.91…
Read the full article at: https://finheadlines.com/2019/03/02/american-assets-investment-management-boosted-macquarie-infrastructure-cor-mic-stake-by-450000-3m-company-mmm-shareholder-ccm-investment-advisers-lowered-stake-by-1-03-million-as-valuation-dec/
NEWCASTLE law firm Roberts Legal has expanded and opened a city base close to the NSW Courts complex in Hunter Street. Husband and wifeand company co-directors Sam and Anna Roberts opened the firm in 2007 in Adamstown. The company will keep its Brunker Road operation but has relocated its corporate and commercial division to premises in the Telstra Civic building (adjacent to the NSW Courts complex), a position it says makes it the closest private law firm to the legal complex. The division offers specialist commercial legal services including commercial dispute resolution, building and construction law and corporate insolvency. Mr Roberts said the city relocation was a timely value-add for its clientele. We are pleased to assist a numbe…
Read the full article at: https://www.theherald.com.au/story/5882524/roberts-legal-opens-newcastle-city-office/
(Bloomberg) — Some of the worlds largest investment firms are preparing for a shakeout in the $770 billion market for private debt, making it a prime target for takeovers.
Private equity managers, many of whom had piled into lending when banks cut back risks after the 2008 financial crisis, say the market has become so competitive that it will be increasingly difficult for smaller firms to raise money. Meeting at this weeks SuperReturn International conference in Berlin, executives were asking whether theres a private credit glut after assets nearly tripled in the past decade.
We will see consolidation in the direct-lending market as private-capital firms look for scale in the asset class, said Kewsong Lee, co-chief executive officer of C…
Read the full article at: https://au.finance.yahoo.com/news/private-credit-glut-apos-hints-175212889.html
Super Typhoon Mangkhut locally named Ompong battered the province of Cagayan in the Philippines on September 14th 2018, destroying homes, severely affecting agricultural lands and livelihoods and damaging evacuation centres where residents fled for safety. Residents of the Sitio Laoc, Barangay Pateng, are still recovering from the effects of the typhoon.
Every time it rains my children get scared that it will happen again, said Rema Orden, a survivor of the typhoon and mother of two. I will never forget how wet and cold my children were and how there was nothing that I could do.
Sitio Laoc is predominantly a farming community of indigenous peoples who migrated to Cagayan in search of a better life. Many rely on their harvest for suste…
Read the full article at: https://reliefweb.int/report/philippines/debt-relief-support-farmers-after-typhoon-mangkhut