Insolvency Guardian Media Centre

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.
MJ classmate refused to cash $5 check after gambling debt and made huge profit  talkSPORT Read the original article here
MJ classmate refused to cash $5 check after gambling debt and made huge profit  talkSPORT Read the original article here
All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of
The UK exchequer is chasing about £90m in unpaid taxes after a temporary staffing business was rescued from insolvency proceedings
Melbourne commercial printer, Ezprint, has hit the skids, entering voluntary liquidation following a general meeting of company members last Friday
This alleged attempt to influence a judicial decision underscores a growing trend: the erosion of the IBC's initial promise of
Please note that by blocking any or all cookies you may not have access to certain features, content or personalization.
Mic Whitty is cycle touring around Australia, stopping at war graves along the way.With his yellow postal bike laden with
Boardroom battle shatters touchscreen maker Zytronic  The Times Read the original article here
All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of
All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of
All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of

MJ classmate refused to cash $5 check after gambling debt and made huge profit  talkSPORT

Read the original article here

MJ classmate refused to cash $5 check after gambling debt and made huge profit  talkSPORT

Read the original article here

All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of the game’s biggest stars, and owed the player that money for years. It was finally paid back to the player – who confirmed to this column during the week that he got the money – at the Roosters’ insistence.

The star, who did not play for the Roosters, was not aware of the Bondi club’s part in making sure Smith cleared his debt. It was only when I told him that he learnt why he had eventually been paid back.

Brandon Smith played 41 NRL games for the Roosters in a troubled stint with the club.Credit: Getty Images

This column has previously approached Smith to discuss his problems, but he has declined to talk. I…

Read the original article here

The UK exchequer is chasing about £90m in unpaid taxes after a temporary staffing business was rescued from insolvency proceedings in an £18m deal that reimbursed private funders in full.

The main assets of Challenge Recruitment Group, which counted Tesco, Sainsbury’s and Co-op among its top customers, were acquired from administration in July by the US website swipejobs, in what appears to be the second time the British staffing business has emerged from insolvency while owing tens of millions of pounds to the exchequer.

The levels of debt owed by Challenge to HM Revenue and Customs has emerged as the chancellor, Rachel Reeves, is under pressure to announce tax rises in her autumn budget in order to shore up the public finances.

Read the original article here

Melbourne commercial printer, Ezprint, has hit the skids, entering voluntary liquidation following a general meeting of company members last Friday (15 August), halting all work and terminating employment for all staff.

A letter to staff members from company director, Daniel Mayson, stated: “Unfortunately, despite our best efforts, we have reached a point where the business can no longer continue”.

“Due to a combination of external and internal pressures, we are left with no viable option but to close our doors. This difficult decision was not made lightly. I have explored every possible avenue to keep things going, but ultimately, the circumstances have proven too great to overcome.”

In the same letter it says that staff…

Read the original article here

This alleged attempt to influence a judicial decision underscores a growing trend: the erosion of the IBC’s initial promise of fairness and efficiency. Instead of a streamlined process focused on maximizing asset recovery for creditors, the NCLT and NCLAT are increasingly becoming battlegrounds where powerful vested interests exert undue pressure, often subverting the very principles the Code was designed to uphold. The sanctity of the resolution process is now under serious threat, and the delicate balance of power between debtors and creditors is being disrupted by the subtle but pervasive influence of those who hold sway over the system

Forover three decades, I have chronicled the rise and fall of Indian corporates, with a…

Read the original article here

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy.

To enable cookies, follow the instructions for your browser below.

Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

Read the original article here

Mic Whitty is cycle touring around Australia, stopping at war graves along the way.

With his yellow postal bike laden with gear, including a hammock that he strings between trees each night, Mic can choose to wake up to ocean views, glorious sunrises or rolling green hills.

It looks like an idyllic lifestyle — a permanent vacation, even.

His friendly disposition and contagious gratitude give the impression that Sydney-born Mic doesn’t have a care in the world.

Warning: This article discusses gambling addiction, depression and suicidal ideation

Mic Whitty lives the simple life as he bike-packs around the world. (Supplied: Mic Whitty)

The reality is that Mic has been living rough for 11 years following a chain of events that left him broke…

Read the original article here

Boardroom battle shatters touchscreen maker Zytronic  The Times

Read the original article here

All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of the game’s biggest stars, and owed the player that money for years. It was finally paid back to the player – who confirmed to this column during the week that he got the money – at the Roosters’ insistence.

The star, who did not play for the Roosters, was not aware of the Bondi club’s part in making sure Smith cleared his debt. It was only when I told him that he learnt why he had eventually been paid back.

Brandon Smith played 41 NRL games for the Roosters in a troubled stint with the club.Credit: Getty Images

This column has previously approached Smith to discuss his problems, but he has declined to talk. I…

Read the original article here

All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of the game’s biggest stars, and owed the player that money for years. It was finally paid back to the player – who confirmed to this column during the week that he got the money – at the Roosters’ insistence.

The star, who did not play for the Roosters, was not aware of the Bondi club’s part in making sure Smith cleared his debt. It was only when I told him that he learnt why he had eventually been paid back.

Brandon Smith played 41 NRL games for the Roosters in a troubled stint with the club.Credit: Getty Images

This column has previously approached Smith to discuss his problems, but he has declined to talk. I…

Read the original article here

All up, Smith borrowed thousands of dollars from a number of Roosters players. He also borrowed $10,000 from one of the game’s biggest stars, and owed the player that money for years. It was finally paid back to the player – who confirmed to this column during the week that he got the money – at the Roosters’ insistence.

The star, who did not play for the Roosters, was not aware of the Bondi club’s part in making sure Smith cleared his debt. It was only when I told him that he learnt why he had eventually been paid back.

Brandon Smith played 41 NRL games for the Roosters in a troubled stint with the club.Credit: Getty Images

This column has previously approached Smith to discuss his problems, but he has declined to talk. I…

Read the original article here