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Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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Four Seasons in crunch talks over debt deferral – Financial Times
Javier Espinoza December 10, 2017 Experimental feature Listen to this article Play audio for this article Pause 00:00 00:00 Experimental
Max Clifford dies in hospital aged 74 – BBC News
Image copyright PA Image caption Max Clifford had been serving an eight-year jail sentence for sex offences Disgraced celebrity publicist
Insolvency law: IBBI notifies norms for complaint handling – Economic Times
NEW DELHI: The regulations for grievance handling procedure under the Insolvency and Bankruptcy Code have been notified, wherein the filing
Debts, threats, despair: Vaughan man’s life in ‘mafia-run’ gambling dens – Brampton Guardian
What is clear is that Vaughan is witnessing unprecedented violence that at least one expert links to illegal gambling. Antonio
3 steps to tame your debt in an hour or less – USA TODAY
Amrita Jayakumar, NerdWallet Published 7:00 a.m. ET Dec. 10, 2017 CLOSE According to new data from U.S. Census Bureau, Americans
Debts, threats, despair: Vaughan man’s life in ‘mafia-run’ gambling dens – yorkregion.com
What is clear is that Vaughan is witnessing unprecedented violence that at least one expert links to illegal gambling. Antonio
A year in review: February – Coffs Coast Advocate
A-League came to Coffs COFFS Coast sport fans played ball for the Newcastle Jets v Melbourne City football double header
A year in review: February – Coffs Coast Advocate
A-League came to CoffsCOFFS Coast sport fans played ball for the Newcastle Jets v Melbourne City football double header at
UPDATE 2-ED&F Man reviews physical grains trading, may exit business – Business Insider
* Company entered physical grains trading in 2015 * Sugar refinery in Israel be shut at the end of 2017
Member for Maribyrnong faces his first real test – Gympie Times
I'M NOT a commentator but...The Federal Government has had a rough ride of it almost since Malcolm Turnbull replaced the
Big debts left behind by liquidated building company – New Zealand Herald
A Tauranga builder who went into liquidation leaving behind 30 unfinished houses owes at least $4.35 million. This has been
UPDATE 2-ED&F Man reviews physical grains trading, may exit business – Reuters
LONDON/NEW YORK (Reuters) - ED&F Man said on Friday it is reviewing its physical grains trading operations after a challenging
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Javier Espinoza


December 10, 2017


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  • …

    Read the full article at: https://www.ft.com/content/ab36f2fc-dd94-11e7-8f9f-de1c2175f5ce

    Max CliffordImage copyright
    PA

    Image caption

    Max Clifford had been serving an eight-year jail sentence for sex offences

    Disgraced celebrity publicist Max Clifford has died in hospital, aged 74, after collapsing in prison.

    Clifford collapsed in his cell at Littlehey Prison in Cambridgeshire on Thursday and again on Friday, his daughter said. He was taken to hospital where he suffered a cardiac arrest.

    He had been serving an eight-year sentence for historical sex offences.

    The Ministry of Justice said as with all deaths in custody, there would an investigation by t…

    Read the full article at: http://www.bbc.com/news/uk-42300593

    NEW DELHI: The regulations for grievance handling procedure under the Insolvency and Bankruptcy Code have been notified, wherein the filing fee will be refunded to the stakeholder in case the complaint is found to be not “frivolous or malicious”.

    The Insolvency and Bankruptcy Board of India (IBBI), which is implementing the Code, has notified the regulations and will be applicable for all stakeholders, including creditors, debtors and service providers.

    Depending on the complaint, the IBBI can order an investigation or issue a show cause notice to the entities concerned.

    “The regulations provide for an objective and transparent procedure for disposal of grievances and complaints by the IBBI, that does not spare a mischi…

    Read the full article at: https://economictimes.indiatimes.com/news/economy/policy/insolvency-law-ibbi-notifies-norms-for-complaint-handling/articleshow/62009909.cms

    What is clear is that Vaughan is witnessing unprecedented violence that at least one expert links to illegal gambling.

    Antonio Nicaso, author and professor, says the Ndrangheta, an organized crime group centred in Italy, has been buying up bars in Vaughan for this purpose.

    He says 50 illegal gambling locations in Vaughan is a conservative estimate and their patrons are losing thousands and paying interest charges of up to 200 per cent per year.

    In Vaughan, this is a major issue. People are losing the shirts off their backs because of this kind of addiction, he said. It can be viewed as a victimless crime because the victim is willingly engaging. It’s an epidemic, and not only in Vaughan. It’s th…

    Read the full article at: https://www.bramptonguardian.com/news-story/7919112-debts-threats-despair-vaughan-man-s-life-in-mafia-run-gambling-dens/

    Amrita Jayakumar, NerdWallet
    Published 7:00 a.m. ET Dec. 10, 2017

    CLOSE

    According to new data from U.S. Census Bureau, Americans are making more money! Veuer’s Natasha Abellard (@NatashaAbellard) has the story.
    Buzz60

    hundred-dollar-bill-on-fire-losing-money-investment-debt-credit-getty_large.jpg

    A hundred dollar bill on fire.(Photo: Getty Images)

     

    Maybe youre afraid to face your bills, or just don’t know how to start paying them off. What you do know is you want relief from too much debt.

    Here are three concrete steps to help you get a handle on debt, each of which can be done in an hour or less:

    1. Add it up 

    The first step to getting control over your money is to know exactly what you’re dealing with, says Lara Lamb, a certified financial planner at California firm Abacus Wealth Part…

    Read the full article at: https://www.usatoday.com/story/money/personalfinance/2017/12/10/3-steps-tame-your-debt-hour-less/924286001/

    What is clear is that Vaughan is witnessing unprecedented violence that at least one expert links to illegal gambling.

    Antonio Nicaso, author and professor, says the Ndrangheta, an organized crime group centred in Italy, has been buying up bars in Vaughan for this purpose.

    He says 50 illegal gambling locations in Vaughan is a conservative estimate and their patrons are losing thousands and paying interest charges of up to 200 per cent per year.

    In Vaughan, this is a major issue. People are losing the shirts off their backs because of this kind of addiction, he said. It can be viewed as a victimless crime because the victim is willingly engaging. It’s an epidemic, and not only in Vaughan. It’s th…

    Read the full article at: https://www.yorkregion.com/news-story/7919112-debts-threats-despair-vaughan-man-s-life-in-mafia-run-gambling-dens/

    A-League came to Coffs

    COFFS Coast sport fans played ball for the Newcastle Jets v Melbourne City football double header at C.ex Coffs International Stadium as one of the biggest crowds made their way through the gates.

    Before the AFL season kicked off, last year’s minor premiers Sydney Swans locked horns with the North Melbourne Kangaroos in Coffs Harbour in late February.

    The old firm that was W.E. Smith entered liquidation

    THE next chapter of the W.E. Smith saga unfolded as workers were again brought up to date.

    That came by an email notifying the company had been placed into voluntary liquidation.This followed delays in pay, superannuation and a change of company signs at the front of the factory.

    Shark…

    Read the full article at: https://www.coffscoastadvocate.com.au/news/a-year-in-review-february/3285681/

    A-League came to Coffs

    COFFS Coast sport fans played ball for the Newcastle Jets v Melbourne City football double header at C.ex Coffs International Stadium as one of the biggest crowds made their way through the gates.

    Before the AFL season kicked off, last year’s minor premiers Sydney Swans locked horns with the North Melbourne Kangaroos in Coffs Harbour in late February.

    The old firm that was W.E. Smith entered liquidation

    THE next chapter of the W.E. Smith saga unfolded as workers were again brought up to date.

    That came by an email notifying the company had been placed into voluntary liquidation.This followed delays in pay, superannuation and a change of company signs at the front of the factory.

    Sharks close beaches

    BEACHGOERS were b…

    Read the full article at: http://www.coffscoastadvocate.com.au/news/a-year-in-review-february/3285681/

    * Company entered physical grains trading in 2015

    * Sugar refinery in Israel be shut at the end of 2017
    (Adds company comment)

    By Jonathan Saul, Nigel Hunt and Chris Prentice

    LONDON/NEW YORK, Dec 8 (Reuters) – ED&F Man said on Friday
    it is reviewing its physical grains trading operations after a
    challenging year and may partially or entirely exit the
    business.

    The company said it would not be taking new positions in
    physical grains during the review, which is the latest leg of
    restructuring at the more than 230-year-old commodities firm,
    which last month saw the ouster of its chief executive officer
    and managing director of its commodities division.

    ED&F Man said in October it will be restructuring its c…

    Read the full article at: http://uk.businessinsider.com/r-update-2-edf-man-reviews-physical-grains-trading-may-exit-business-2017-12

    I’M NOT a commentator but…

    The Federal Government has had a rough ride of it almost since Malcolm Turnbull replaced the Member for Warringah.

    Granted, much of it was self-inflicted, either because some of the Conservatives were too blinkered to see the bigger picture, or Mr Turnbull hasn’t been as ruthless as perhaps he should have been in dealing with some of them.

    But we also have to wonder why the media seems to have been so much more lenient in its treatment of the ALP under the leadership of one Bill Shorten.

    All things considered, the Member for Maribyrnong hasn’t really been tested.

    Opposition can be so much easier than having any of the actual responsibilities of government.

    Hence, it’s understandably resulted in the succession…

    Read the full article at: https://www.gympietimes.com.au/news/member-for-maribyrnong-faces-his-first-real-test/3286021/

    A Tauranga builder who went into liquidation leaving behind 30 unfinished houses owes at least $4.35 million.

    This has been revealed in liquidator Tom Rodewald’s first report into the financial affairs of Bella Vista Homes Ltd.

    Rodewald’s report on the Pyes Pa-based company was as at November 1 – the date Bella Vista went into liquidation.

    Further work to finalise the accounts included putting amounts beside nine secured claimants. The amounts were currently listed as ”unknown”.

    Advertisement

    The largest secured claim identified so far was nearly $1.1m owed to Carter Holt Harvey, the report said.

    Looking at the next phase of work on the liquidation, Rodewald said in his report that he would be looking particularly at …

    Read the full article at: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11956201

    LONDON/NEW YORK (Reuters) – ED&F Man said on Friday it is reviewing its physical grains trading operations after a challenging year and may partially or entirely exit the business.

    The company said it would not be taking new positions in physical grains during the review, which is the latest leg of restructuring at the more than 230-year-old commodities firm, which last month saw the ouster of its chief executive officer and managing director of its commodities division.

    ED&F Man said in October it will be restructuring its core sugar business, as it struggled to cope with surplus stocks depressing prices.

    The company also said on Friday the EUs resumption of unrestricted sugar exports, after many years in which they had been limited by …

    Read the full article at: https://www.reuters.com/article/commodities-edfman/update-2-edf-man-reviews-physical-grains-trading-may-exit-business-idUSL8N1O84B8

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