Insolvency Guardian Media Centre
Octopus VCT 4 plc (the Company)
24 August 2018
Publication of Circular relating to the recommended proposal for Members Voluntary Liquidation.
The Company today announces the publication of a circular (the Circular) relating to the recommended proposal of the Company entering into a Members Voluntary Liquidation.
The Circular has today been posted to shareholders which includes the Notice of General Meeting (the Notice). The Circular and the Notice together with the Proxy Form and the Form of Instruction and Proxy can be found on the Companys website at http://www.octopusinvestments.com.
In accordance with Listing Rule 9.6.3, a copy of the Notice has also been submitted to the National Storage Mechanism and will shortly be availabl…
Read the full article at: https://globenewswire.com/news-release/2018/08/24/1556286/0/en/Publication-of-Circular-relating-to-the-recommended-proposal-for-Members-Voluntary-Liquidation.html
Octopus VCT 3 plc (the Company)
24 August 2018
Publication of Circular relating to the recommended proposal for Members Voluntary Liquidation.
The Company today announces the publication of a circular (the Circular) relating to the recommended proposal of the Company entering into a Members Voluntary Liquidation.
The Circular has today been posted to shareholders which includes the Notice of General Meeting (the Notice). The Circular and the Notice together with the Proxy Form and the Form of Instruction and Proxy can be found on the Companys website at http://www.octopusinvestments.com.
In accordance with Listing Rule 9.6.3, a copy of the Notice has also been submitted to the National Storage Mechanism and will shortly b…
Read the full article at: https://globenewswire.com/news-release/2018/08/24/1556280/0/en/Publication-of-Circular-relating-to-the-recommended-proposal-for-Members-Voluntary-Liquidation.html
Picture this: youre a small business owner or a startup founder with a fresh idea and a few thousand in your pocket to make it happen. You grind away for months to create a winning product or service that you believe to be unique and release it to the world, banking on support from customers to make your entrepreneurial dream a reality.
Three months later you receive a letter from a multinational corporation informing you your business has infringed their trademark. You have seven days to completely change your business or youre off to Federal Court.
If you roll over, you risk having to change everything youve built, but if you put up a fight, youll be dragged into months of court proceedings against a business that undoubtedly has m…
Read the full article at: https://www.smartcompany.com.au/business-advice/legal/david-versus-goliath-small-businesses-taken-on-big-business-come-out-ahead/
Octopus VCT 3 plc (the Company)
24 August 2018
Publication of Circular relating to the recommended proposal for Members Voluntary Liquidation.
The Company today announces the publication of a circular (the Circular) relating to the recommended proposal of the Company entering into a Members Voluntary Liquidation.
The Circular has today been posted to shareholders which includes the Notice of General Meeting (the Notice). The Circular and the Notice together with the Proxy Form and the Form of Instruction and Proxy can be found on the Companys website at http://www.octopusinvestments.com.
In accordance with Listing Rule 9.6.3, a copy of the Notice has also been submitted to the National Storage Mechanism and will shortly b…
Read the full article at: http://www.globenewswire.com/news-release/2018/08/24/1556280/0/en/Publication-of-Circular-relating-to-the-recommended-proposal-for-Members-Voluntary-Liquidation.html
FILE
PHOTO: Fighting to survive: Noble Group’s fate hangs on investors
restructuring vote
Thomson
Reuters
By Anshuman Daga
SINGAPORE (Reuters) – Singapore-listed Noble Group Ltd faces a
make-or-break shareholders’ meeting on Monday as investors vote
on a $3.5 billion debt restructuring plan that its creditors and
board say is vital to prevent insolvency.
The company, once a global commodity trader with ambitions to
rival Glencore or Vitol, has shrunk to an Asian-centric business
focused on coal and freight trading after it slashed hundreds of
jobs and sold prized assets to cut debt.
Noble, whose market value has been nearly wiped out fr…
Read the full article at: http://uk.businessinsider.com/r-fighting-to-survive-noble-groups-fate-hangs-on-investors-restructuring-vote-2018-8
Victorian Police find some of Hennessy Transports prime movers and trailers as questions emerge about pre-liquidation sale of business
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A truck bearing Hennessy Transport livery
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Victorian Police have located some of the vehicles missing from Hennessy Transport after their registrations were allegedly wrongly transferred to a third party earlier this year.
The investigation into the “thefts and deceptions” involving the business is ongoing, Victoria Police say, telling ATN that five prime movers and nine trailers have …
Read the full article at: https://www.fullyloaded.com.au/industry-news/1808/exclusive-hennessy-transport-sold-prior-to-liquidation-to-biz-now-linked-to-son
US President Donald Trump offered Italy assistance in buying the countrys sovereign bonds next year, Italian media reported, in the latest twist in what has been a tumultuous few months in the European countrys debt markets.
The offer was made during a meeting last month between Mr Trump and Italian prime minister Giuseppe Conte, according to Corriere della Sera, which cited anonymous Italian government officials in its report.
The timeframe cited in the report aligns with the planned end of the European Central Banks massive asset purchase programme, which is slated to come to a close in December 2018. That programme has provided a major boon to government bonds across the eurozone, helping to keep borrowing costs down, especially i…
Read the full article at: https://www.ft.com/content/3b841b10-a765-11e8-8ecf-a7ae1beff35b
Two of the UKs biggest organisations offering advice to consumers on how to manage their debts have warned they do not have the resources to cope with the growing wave of people in trouble.
UK consumer debt levels have now surpassed those seen before the financial crisis, and official figures suggest that over 2m people a year will need debt advice by 2022 double the current capacity prompting concerns of a funding gap.
PayPlan and StepChange, who provided free debt advice to nearly three-quarters of a million people last year between them, have said that growing numbers of debt-collection groups are refusing to pay the voluntary contributions that fund their services.
Unless we can fix the funding model, we are going to have probl…
Read the full article at: https://www.ft.com/content/c5878fe4-a630-11e8-8ecf-a7ae1beff35b
Victorian Police find some of Hennessey Transports prime movers and trailers as questions emerge about pre-liquidation sale of business
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A truck bearing Hennessy Transport livery
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Victorian Police have located some of the vehicles missing from Hennessy Transport after their registrations were allegedly wrongly transferred to a third party earlier this year.
The investigation into the “thefts and deceptions” involving the business is ongoing, Victoria Police say, telling Owner Driver that five prime movers and nine trailer…
Read the full article at: https://www.ownerdriver.com.au/industry-news/1808/exclusive-hennessy-transport-sold-prior-to-liquidation-to-biz-now-linked-to-son
NEW YORK Mired in financial woes, Michael Cohen is sticking his hand out and asking the public for help paying for his legal defense, and one anonymous donor already has ponied up $50,000.
Through his lawyer, Donald Trumps former fixer says collecting contributions through a GoFundMe page set up after his guilty plea this week is the only way to ensure the truth comes out about the president.
Its also the latest sign that Cohen is broke.
Trumps former personal lawyer owes at least $1.4 million to the IRS after pleading guilty. Tuesday to tax evasion, campaign finance violations and bank fraud, and has racked up millions of dollars in debt. Because of his plea, hes being forced to give up his New York City taxi medallions, which h…
Read the full article at: https://chicago.suntimes.com/news/michael-cohen-gofundme-legal-donations-truth-fund-broke-donald-trump-former-lawyer/
MY KITCHEN Rules star and actor Blake Davis allegedly brought a samurai sword down on rapper Jett McKees skull penetrating layers of bone resulting in blood loss, in loss of brain tissue which resulted in his death, a court has heard.
Prosecutor James Ly told Newtown Local Court today that 15 eye witnesses watched Mr Davis armed with a samurai sword and his girlfriend Hannah Quinn chase Mr McKee down a street before the attack leading up to the death of the deceased.
Witnesses saw the accused raise the sword above his head and bring it down on the skull of the deceased. This strike penetrated through layers of bone in the skull, he told the court.
Mr Ly was addressing the court during a bail application by Mr Davis for release from prison …
Read the full article at: https://www.news.com.au/national/nsw-act/courts-law/actor-penetrated-rappers-skull-with-samurai-sword-court-hears/news-story/986bde57652364941e2ad060107eab06
Advertising Feature
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If you are facing severe money-troubles, in no way are you alone.
In fact, according to The Australian Financial Security Authority, there were 2,403 debtors who entered a new personal insolvency in NSW in the June quarter 2018.
Debt is about so much more than money.
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One of the reasons people stall seeking financial help is the fear of the unknown, but according to Charles Bosse from the Bankruptcy Experts declaring bankruptcy is no…
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