Stuart McDonald (37), of Dyce, Aberdeen, was the solely appointed director of Northern Motors (Aberdeen) Limited from September 2013 having first been appointed a joint director in June 2007.
Incorporated in 2006, Northern Motors traded as a car dealership in Dyce, Aberdeen while also offering repair and maintenance services.
But 10 years later, Northern Motors ceased to trade in August 2016 shortly after an Enforcement Order was granted to Aberdeen Trading Standards (ATS) against the company in connection with several breaches of the Enterprise Act 2002.
The Enforcement Order required Stuart McDonald to stop acting against the interest of customers and was granted in connection with complaints about Northern Motors received b…
Read the full article at: https://www.miragenews.com/aberdeen-car-dealer-banned-for-seven-years/
CHARLOTTE, N.C.–(BUSINESS WIRE)–EnPro Industries, Inc. (NYSE: NPO) today announced its financial results
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Read the full article at: https://www.businesswire.com/news/home/20190213005856/en/EnPro-Industries-Reports-Results-Fourth-Quarter-Full Disclosure of Updated List of Creditors of SRS Limited displayed under Regulation 13(2)(c) of IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 pursuant to Regulation 30 read with Clause 16(e) of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pdf Link: Source : BSE – www.bseindia.com Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/srs-ltd-corporate-insolvency-resolution-process-cirp-list-of-creditors/article26256186.ece A Vancouver man is accused of stealing about $65,000 from multiple local construction companies and people in the industry to help pay off more than $200,000 in gambling debts. Travis W. Saban, 45, appeared Wednesday in Clark County Superior Court on suspicion of first-degree theft. Judge Scott Collier granted Saban supervised release; he will be arraigned Feb. 26. On Dec. 13, 2018, Scott Aldinger, owner of Precision Construction Services Inc., contacted the Vancouver Police Department to report that Saban, an employee and project manager, had been stealing from the company and many other people in Clark Countys construction industry, according to an affidavit of probable cause. Saban placed … Read the full article at: https://www.columbian.com/news/2019/feb/13/vancouver-man-accused-stealing-65000-effort-pay-200000-gambling-debt/ ClusterVision, European HPC specialists that have built and installed over 20 Top500-ranked systems in their nearly 17-year history, appear to be in the midst of bankruptcy proceedings. According to Dutch news site Drimble, three companies doing business as ClusterVision have been declared insolvent in the Netherlands, where ClusterVision is headquartered. The notice reports that Clustervision BV, Clustervision Holding BV and Mpci Group were all declared bankrupt on February 12, 2019. Weve reached out to ClusterVision for comment have not yet received a response at time of publishing. We expect to have updates as the story develops.
Read the full article at: https://www.hpcwire.com/2019/02/13/clustervision-in-bankruptcy/ ROCKFORD, Ill., Feb. 13, 2019 /PRNewswire/ — Harvard Illinois Bancorp, Inc. (OTC Market- Other: HARI) (the “Company”) announced today its audited statement of net assets in liquidation, as of December 31, 2018, and its audited statement of changes in net assets in liquidation for the year then ended. In addition, the Company announced today that its Board of Directors has declared a liquidating cash distribution of $3 million. Audited Statements of Net Assets in Liquidation and Changes in Net Assets in Liquidation. Read the full article at: https://www.prnewswire.com/news-releases/harvard-illinois-bancorp-inc-announces-audited-financial-statements-as-of-december-31-2018-and-liquidating-cash-distribution-300794959.html The prime minister and Indigenous affairs minister have released their official response to the latest Closing the Gap report: Australias Closing the Gap targets will be redeveloped in partnership with Indigenous Australians for the first time with a direct focus on education as the key to unlocking the potential of this and future generations. The prime minister said the 2019 Closing the Gap report highlighted successes across the country but that refreshed targets were an opportunity to work together to accelerate progress. … The original targets were well intentioned but developed without the collaboration and accountability for states and territories and without input from Indigenous Australians. We want a Closing the Gap framewor… Read the full article at: https://www.theguardian.com/australia-news/live/2019/feb/14/coalition-labor-morrison-shorten-closing-gap-asylum-politics-live
One of the less-than-truckload sectors largest companies declared bankruptcy on Monday. New England Motor Freight (NEWF), whose 2017 revenue totaled $US402 million, intends to have an orderly wind-down … Read the full article at: https://www.businessinsider.com/bankrupt-trucker-new-england-amazon-reliance-2019-2 A CONCRETER claims he is owed $41,000 by a Gold Coast shed building business that has gone into liquidation twice. Redland tradie Jason Quick says he is still chasing payment for dozens of slabs he put down for the Jacobs Well firm, Queensland Shed Market. Mr Quick had been working for the company for four months in May 2018, laying slabs for the sheds in the Gold Coast, Logan and Beaudesert region. “I did about 15-20 jobs all up and then all of a sudden we stopped hearing back,” Mr Quick said. After non-payment of his invoices in October, Mr Quick said he tried to contact the company and was promised payment if he continued his work. “When I realised I was not going to get paid I went straight to the owners of all the … Read the full article at: https://www.sunshinecoastdaily.com.au/news/twice-liquidated-shed-company-still-operating/3647323/ Brian Anderson Snr (61), from Irvine, was appointed a joint director of Anderson Builders Limited in August 2014 before becoming the sole appointed director in June 2015. Anderson Builders was involved in the construction of commercial buildings but the companys performance struggled before it had to cease trading in February 2017. Independent insolvency practitioners were appointed to wind-up the company but were hampered as Anderson Builders had failed to maintain or preserve adequate company records. Further investigations by the Insolvency Service into the company and the conduct of Brian Anderson while a director confirmed that between August 2014 and February 2017 the company failed to maintain or preserve adequate compa… Read the full article at: https://www.miragenews.com/court-bans-irvine-contractor-for-dereliction-of-director-duties/ What HappenedIn this case, Edelweiss ARC alleged that Kothari settled a dispute with Reliance Infrastructure for Rs 9.65 crore compared with the original claim of Rs 30 crore without informing the lenders. According to the petition, Abhijeet MADC Energy in 2007 agreed to build a 271-megawatt power plant in Nagpur for the Maharashtra Airport Development Company Ltd. Against the total cost of Rs 1,500 crore, it borrowed Rs 1,200 crore. It also struck an agreement with Reliance Infrastructure, an Anil Ambani group company, in 2010 to sell 55MW power. In the years that followed, Reliance Infrastructure failed to release claims worth over Rs 30 crore raised by Abhijeet MADC Energy, which moved the Maharashtra Electricity Regulation Commission i… Read the full article at: https://www.bloombergquint.com/business/ibc-creditor-vs-liquidator-what-went-wrong-in-abhijeet-madc-energys-liquidation One of the biggest topics as part of Activision Blizzards 2018 Q4 Quarter Earnings call was how the company plans to adjust to refocus on boosting revenue after new competition in 2018 effected the companys overall position in the gaming industry. As part of that, the company stated that they intend to lay off 8% of their work force, which means 800 people will no longer have a job even after Activision Blizzard CEO said that 2018s revenue exceeded their expectations. The company plans to prioritize game development across all parts of their business, and Call of Duty is also getting new attention within Activision. During the call, Activision Blizzard Chief Operating Officer, Coddy Johnson, said that they are investing more resources into… Read the full article at: https://charlieintel.com/activision-blizzard-plans-company-wide-restructuring-to-focus-on-delivering-more-content-to-players-including-call-of-duty/51769/ | ||||||||||||
Founded in 2002 by Alex Ninaber (the companys CEO), Matthijs van Leeuwen and Arijan Sauer, ClusterVision …