Builders good deed sees him win trade hero award
A candidate for the upcoming Braddon by-election would likely be ineligible for office under section 44 of the constitution because he is an undischarged bankrupt.
The vote will be held on July 28 as part of the “super Saturday” by-elections being held around Australia after federal MPs in four states, including Braddon Labor MP Justine Keay, resigned due to breaches of Section 44 of the Constitution.
Documents from the Australian Financial Security Authority (AFSA) reveal Australian People’s Party candidate Bruno Strangio has been an undischarged bankrupt since…
Read the full article at: http://www.abc.net.au/news/2018-07-25/braddon-candidate-bruno-strangio-could-be-ineligible/10030920
Embattled OxyContin maker Purdue Pharma hired Steve Miller, a famous figure in corporate restructuring, to head its board as the drugmaker seeks to overhaul its business and distance itself from the U.S. opioid crisis, Bloomberg reports.
Here are six things to know:
1. Miller became chairman of the company’s board July 24.
2. He authored a 2008 memoir, “The Turnaround Kid: What I Learned Rescuing America’s Most Troubled Companies,” after he helped autoparts maker Delphi Corp. through bankruptcy and served as chairman of insurer American International Group as the company repaid its federal bailout….
Read the full article at: https://www.beckershospitalreview.com/pharmacy/purdue-pharma-brings-restructuring-expert-aboard-6-things-to-know.html
PEOPLE are least likely to go…
Read the full article at: https://www.portsmouth.co.uk/business/fareham-comes-out-best-with-least-personal-insolvencies-1-8577774
Ryanair has a labor problem, and it’s about to get worse.
The low-cost carrier said Monday that higher fuel costs, rising wages and strikes by pilots and regional air traffic controllers had caused its first quarter profit to drop 20% over the previous year.
Ryanair (RYAAY) has been giving pilots raises since recognizing the right of unions to negotiate on their behalf for the first time in December. Staff costs climbed 34% in the three months ended June 30.
Adding to the pressure on its business, strikes by regional air traffic controllers caused “widespread damage” and forced the airline to cancel over 2,500 flights in the first quarter.
With additional strikes scheduled for the …
Read the full article at: http://money.cnn.com/2018/07/23/investing/ryanair-results-pilot-strikes/
This is to inform you that pursuant the provisions of Regulations 17, 19 and 20 of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, the First meeting of Committee of Creditors (CoC) of the Corporate Debtor is scheduled to be held on Monday, 30th July, 2018 at 11 A.M. at Mumbai.
The above may kindly be treated as disclosure pursuant to sub-clause 16 (g) of clause A in Part A of Schedule III of the Regulation 30 to the SEBI (Listing Obligations and Disclosure Requirements), 2015.
Source : BSE – www.bseindia.com
Read the full article at: https://www.thehindubusinessline.com/companies/announcements/others/uttam-value-steels-ltd-corporate-insolvency-resolution-process-cirp-intimation-of-meeting-of-committee-of-creditors/article24502340.ece
One of Macarthurs most recognisable businesses has entered voluntary administration.
Administrators were appointed to Hennings Jewellers at the end of June.
The jewellery chain has been a part of the Macarthur community for almost 90 years and had four stores in the region: Argyle Street Camden, Macarthur Square, Narellan Town Centre and Oran Park Podium.
The Macarthur Square store has already closed its doors, however the other three stores are still trading.
Hennings was still offering lay-buy options as recently as Monday.
The business has been owned and managed by Craig Moore since 2010.
The Advertiser attempted to speak with Mr Moore numerous times in the past week, but our messages were not returned. The Advertiser also contacted the adm…
Read the full article at: http://www.wollondillyadvertiser.com.au/story/5545599/administrators-take-over-hennings-jewellers/
Jawwad Ansar was the sole director of Cheap Flight House Limited (CFH). The company was incorporated on 8 November 2010 before being purchased by Jawwad Ansar on 15 February 2017, the same day he took over as sole director of the company.
However, the company went into liquidation on 10 March 2017, 23 days after Mr Ansar took over the company, having traded since 2010 with declared creditors of £5.5m and a declared book debt of £2m due from sub agents.
Jawwad Ansar told investigators from the Insolvency Service, who were looking into the affairs of the company following liquidation, that outstanding funds were due as a result of flights booked by sub agents of the company.
But further enquiries found that Jawwad Ansar had no …
Read the full article at: https://www.gov.uk/government/news/9-year-ban-for-flight-boss-after-failing-to-keep-proper-records
A BANKRUPT tycoon has been forced to put his £28million mansion on sale – despite building a £500million fortune in his 20s.
Kevin Cash, who created an empire across the world, has put his beloved Grade-II listed country pile on the market after being declared insolvent last Friday.
North Aston Hall, near Bicester in Oxfordshire, boasts 11 bedrooms, an orangery, a roof terrace and a wine cellar.
It also has a mile-long drive, landscaped gardens set in 194 acres and a riverside treehouse.
The Mail Online reports how Birmingham-born businessman Cash became a millionaire in his 20s.
He is reported to have had properties all over the world after amassin…
Read the full article at: https://www.thesun.co.uk/news/uknews/6849369/kevin-cash-oxfordshire-mansion-for-sale-bankrupt/
A BANKRUPT tycoon has been forced to put his £28million mansion on sale – despite building a £500million fortune in his 20s.
Kevin Cash, who created an empire across the world, has put his beloved Grade-II listed country pile on the market after being declared insolvent last Friday.
North Aston Hall, near Bicester in Oxfordshire, boasts 11 bedrooms, an orangery, a roof terrace and a wine cellar.
It also has a mile-long drive, landscaped gardens set in 194 acres and a riverside treehouse.
The Mail Online reports how Birmingham-born businessman Cash became a millionaire in his 20s.
He is reported to have had properties all over the world after amassin…
Read the full article at: https://www.thesun.co.uk/news/uknews/6849369/kevin-cash-home-for-sale-most-expensive-north-aston-hall-bicester-oxfordshire/
A man and woman have been sentenced to jail after police discovered 132 cannabis plants at a Werribee house last year.
In the County Court last month, Cuong Thanh Nguyen, 25, pleaded guilty to one charge of cultivating cannabis not less than a commercial quantity.
The court heard Nguyen was living in Treeve Street when he helped set up and maintain a cannabis crop between August 28 and November 6 last year.
Police executed a warrant at the house and found Nguyen and a woman, Anh Thi Duong living there.
Nguyen, originally from Vietnam, had overstayed his visa and was remanded in custody after being arrested.
The court heard that Nguyen was motivated to help maintain the cannabis crop to help his older br…
Read the full article at: http://www.starweekly.com.au/news/werrribee-cannabis-pair-jailed/
Over the past decade, gambling has becoming less problematic for Singaporeans as a whole. However, the recent news of a man losing S$80,000 while gambling in the last World Cup is a sober reminder of how dangerous and relevant gambling still is today. In fact, while surveys indicate that gambling addiction has gone down significantly, there are also anecdotal evidence from social services that contradict this, citing more addicts seeking help in the past few years. Some people may think gambling is an easy way to get rich. But, it is one of the easiest way to create a mountain of debt that will ruin you and your family. If you are having trouble controlling your gambling addiction, here are 6 steps you should take immediately…
Read the full article at: https://www.valuepenguin.sg/2018/07/got-gambling-problem-6-steps-you-must-take-save-your-finances