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Ironically, it was a $3000 bottle of Penfolds Grange wine from former Tigers chairman Nick Di Girolamo that brought an end to OFarrells stint as NSW premier. If he ends up taking the Tigers top job, OFarrell will join ARL Commission chairman Peter Beattie as the second ex-premier in rugby leagues corridors of power.
The newly elected board member wont automatically become the new chair, which was expected to come from the Wests side of the merger. While OFarrell is considered a Balmain man, its understood that is unlikely to count against him becoming chair and that he would have the requisite numbers if he replaced Go as a director.
The Racing Australia chief executive will need to call upon all of his considerable political nous a…
Sandy Ogg Releases /grow: The CEOs Master Playbook for Coaching Value into Existence
New York, March 11, 2019 Sandy Ogg, founder of CEO.works, today announced the publication of /grow: The CEOs Master Playbook for Coaching Value into Existence (available now). The book was published with ForbesBooks, the exclusive business book publishing imprint of Forbes.
Ogg, a veteran C-Suite advisor, presents questions leaders need to address and offers clear advice for leveraging the intangibles that drive businesses to the next level. Touching on a variety of subjects including accountability and restructuring, his book presents solutions to the demands that companies face today. Growth today comes from creating and capturing value in increasing…
Ironically, it was a $3000 bottle of Penfolds Grange wine from former Tigers chairman Nick Di Girolamo that brought an end to OFarrells stint as NSW premier. If he ends up taking the Tigers top job, OFarrell will join ARL Commission chairman Peter Beattie as the second ex-premier in rugby leagues corridors of power.
The newly elected board member wont automatically become the new chair, which was expected to come from the Wests side of the merger. While OFarrell is considered a Balmain man, its understood that is unlikely to count against him becoming chair and that he would have the requisite numbers if he replaced Go as a director.
The Racing Australia chief executive will need to call upon all of his considerable political nous a…
THE depth of debt owed by the failed Sunshine Coast Pet Resort is yet to be confirmed as liquidators chase up a $169,000 loan from the business to directors Jack and Sam Brown.
Ms Brown has indicated a total debt of more than $660,000 but liquidator Cameron Crichton has not put a final figure on it.
Mr Crichton published a report on March 6 which said he believed the Meridan Plains company became insolvent about November 30, 2017.
It went into liquidation a little more than a year later when Mr Crichton was appointed by court order on December 7, last year.
The Sunshine Coast Pet Resort has been sold to new owners since going into liquidation in 2018.
Mr Crichton sold the business to new owner, Pet Care Centre, within a fortnight of be…
The Centre has proposed to come out with a fresh set of regulations to prevent sick companies from going bust even if attempts to revive them fail during a resolution process under the Insolvency & Bankruptcy Code of India.
The new guidelines will provide a detailed framework to salvage a debt-trapped firm during liquidation by selling it to a potential buyer as a going concern of the company or any of its businesses.
The Insolvency & Bankruptcy Board of India will bring in the new amendment in the form of additional regulations, its chairman M. S. Sahoo, said.
The objective of the law is resolution. We make all possible efforts to save a viable company. But if theres a mistake in the earlier stage and the company is actually viable but …
The old time glamourous F. Glen Gilling-designed 1928 house was bought 15 years ago from the P & O director Terry Tzaneros and wife Anne.
The reports of the 2012 drive-by noted three bullets were fired into the home, with one lodging in a wardrobe, missing his daughters head by only 30cm.
No one has ever been charged over the shooting, but Byrnes t…
The chairman of ailing government contractor Interserve has issued a stark warning that the company will run out of money and collapse into administration if shareholders do not back a rescue deal that will be put to them on Friday.
The debt-laden company, which has thousands of government contracts to clean hospitals and serve school meals, is at the centre of a standoff between creditors and shareholders over its future. Its precarious position comes a year after the collapse of fellow outsourcer Carillion, a saga that has cost the taxpayer an estimated 150m.
I am very worried, said Glyn Barker, its chairman, in a weekend interview before the crunch vote on its financial restructuring. Weve got nowhere to go we run out of money and t…
Former Bosasa chief operations officer Angelo Agrizzi looks through his files at the Commission of Inquiry into State Capture. Picture: Karen Sandison
Johannesburg – The future is uncertain for Bosasa workers as the embattled company weighs its liquidation options after allegations of bribery and tender corruption surfaced at the Commission of Inquiry into State Capture.
Former Bosasa chief operating officer Angelo Agrizzi and other senior executives laid bare before Justice Raymond Zondo the alleged trail of money and gifts making their way to government officials pockets in exchange for lucrative contracts. Absa and FNB inevitably withdrew their banking services to the company, making doing business virtually impossible.
AN IPSWICH court has heard how a former treasurer left local, state and national pipe band associations reeling after swindling more than $200,000
While the stolen money was blown on poker machines, clubs including the popular Ipswich Thistle Pipe Band were unknowingly being pushed into financial crisis.
This week the former treasurer, Katrina Stead, was convicted of the thefts and sentenced to four years jail.
Her sentence will be suspended for five years after she serves 15 months of actual time behind bars.
Katrina Marcella Stead, 45, from Riverview, pleaded guilty in Ipswich District Court to three charges of stealing, including $158,190 from Pipe Bands Australia between January and December 2016; $27,750 from Ipswich Thistle Pipe Ban…
Arrium went into voluntary administration the year before with debts of $2 billion, having reported an annual loss of $1.9 billion.
Through his Gupta Family Group (GFG) Alliance of family-owned businesses, Mr Gupta has gone on a multi-billion pound global spending spree over the past four years, snapping up distressed industrial assets.
However, questions have been raised about the health and transparency of the interlinked businesses, with lawful delays to accounts of his companies and allegations of delayed payments to some suppliers.
Others have asked how the industrialist can successfully run businesses which others have found impossible to make profitable.
It is understood GFG aims to list between 30 per cent and 40 per cent of its Aust…
As intimated earlier, the 5th Meeting of the COC was held on Tuesday, the 5th day of March, 2019 at 304, 3rd Floor, Trendeset Towers, Road No.2, Banjara Hills, Hyderabad – 500 034. Among other items inter-alia discussed at the meeting, the following were put for electronic voting and were duly passed: 1. Approved Evaluation Matrix and the broad parameters of Request for Resolution Plan (RFRP) / Process Document 2. Authorized the Resolution Professional to call the meetings of Committee of Creditors (CoC) at a short notice of not less than 48 hours as permitted by Regulation 19 (2) of CIRP Regulations, 2016.
Pursuant to the verbal order pronounced by the Honble Bench of Honble National Company Law Tribunal (Ahmedabad) on March 8, 2019, the resolution plan dated April 12, 2018 submitted by Reliance Industries Limited, JM Financial Asset Reconstruction Company and JM Financial Asset Reconstruction Company Limited (as trustee to JMF ARC – March 2018 – Trust) has been approved by the Honble National Company Law Tribunal (Ahmedabad). Please note that this disclosure is being made pursuant to the oral pronouncement of order by the Honble National Company Law Tribunal. Upon the written order being made available, an updated disclosure shall be made. We are informing the Exchanges about the above development based on the oral order as a matter of go…
