Insolvency Guardian Media Centre
Nottingham debt charity shares tips to help parents save money after summer holidays Nottinghamshire Live
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KAMCO’s Debt Ratio Surges 31%p Due to Small Business Debt Relief Businesskorea
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In what appears to be a targeted assassination, well-known insolvency attorney Bouwer van Niekerk was gunned down on Friday morning in the boardroom at his SmitSew law office in Saxonwold, Johannesburg.
Moneyweb understands Van Niekerk received multiple death threats warning him to step away from a case he was working on involving a suspected Ponzi scheme. According to News24, the killers arranged a meeting at his office to discuss a legal matter. According to a source familiar with the matter, Van Niekerk entered the boardroom and was promptly shot twice in the head. Police are on the hunt for four suspects.
More details emerged later on Friday when business rescue practitioner (BRP) Kurt Knoop, who worked…
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Last Updated:
Vedanta leads the race to acquire debt-laden Jaiprakash Associates for Rs 17000 crore, surpassing other bidders in the insolvency process.
Vedanta leads the race to acquire debt-ridden Jayprakash Associates Limited.
Vedanta Share Price: Vedanta shares fell 1.46 per cent intraday on Monday to trade around Rs 439 apiece, after it emerged as a frontrunner in bidding to acquire debt-ridden Jaiprakash Associates (JAL) at the cost of Rs 17,000 crore, surpassing Adani Group and other bidders. The bid value translates into Jaiprakash Associates’ net present value of Rs 12,505 crore.
Meanwhile, Jaiprakash Associates Limited’s shares jumped 4.71 per cent intraday to trade at Rs 3.78 per share on…
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Show us the money: fraudster given time to show he is paying back bad loans The Advocate | Burnie, TAS
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Andrew HardingParis correspondent
France’s parliament – deadlocked for a year and more poisonously divided than it has been in decades – looks set to throw out yet another prime minister on Monday.
But the acute sense of drama surrounding this latest vote of confidence inside Paris’s Assemblée Nationale is counterbalanced by a despondent consensus that the almost inevitable removal of 74-year-old François Bayrou, after nine relatively ineffectual months in office, will do nothing to break France’s political stalemate.
“It’s a disaster. The situation is absolutely blocked,” veteran political commentator Bruno Cautrès…
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NEED TO KNOW
- Several sweepstakes winners who won annual lifetime payouts said they are no longer receiving their yearly winnings
- The winners all won through Publishers Clearing House and said the checks stopped coming shortly before the company went bankrupt in April
- One of the winners said he may even lose his home due to the abrupt change in his financial situation
Several Publishers Clearing House winners claim they are no longer receiving their promised lifetime payouts — and it’s having a devastating effect on their lives.
The company declared bankruptcy in April, and an investigation by Oregon outlet KGW8 found that at least 10 past winners who had been receiving annual payouts never received their yearly check.
…
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A New South Wales council awarded nearly half a million dollars’ worth of work to a building company run by a formerly bankrupt businessman responsible for multiple company collapses.
Anthony Falconer, 63, from Killcare on the Central Coast, has directed three failed civil construction companies in the past few years.
It has also been suggested in a public report that Mr Falconer may have been operating as a “shadow director” while bankrupt at a fourth business that also failed, which he has denied.
Anthony Falconer has denied any wrongdoing. (Supplied)
Creditors across all four businesses stretch from Tasmania to far north Queensland, with more than $2 million of debt, and include the tax department.
Secret reports into liquidated companies
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Anger at failure to investigate diamond trader Vashi Dominguez The Times