Developer defends ‘historic’ failures and big debts The Press
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The New Zealand operation had licensing rights from Irish company Butlers Chocolates.
Kellow and Shephard said Butlers had recently made the decision not to provide further licensing rights for the New Zealand business to operate under its brand.
“Therefore, a full rebrand would be required if the company was to continue trading.”
The liquidators said Butlers Chocolate Cafe had also faced a “prolonged period of economic challenges” after Covid-19, particularly in Wellington, where four of its stores operated.
The company also had a store at Sylvia Park in Auckland.
“Weakened consumer confidence and reduced foot traffic have taken a significant toll on sales. Over the past year, inflationary pressure…
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The company, which provided installation and services of solar power, pool heating and hot water systems, has ceased trading and staff have been terminated.
The first liquidator’s report said Kiwibank holds a General Security Agreement – granting it security interest over the borrower’s assets – and is owed $1.8m.
Kiwibank had engaged Ruscoe and Keen to review the financial performance and viability of Solar Group in December last year, the report said.
That review was extended in February to include the company’s forecast performance and cash flow.
Ruscoe and Keen said they were aware of nine potential employee claims.
So far, they had received four employee claims totalling $102,336, including…
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Spain captain Morata reportedly helps Italian teammate pay off gambling debts with Rolex watch sale MSN
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Maverick Gaming Files for Chapter 11 Bankruptcy Protection Casino.org
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Debt consolidation for veterans: How to qualify Tulsa World
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Debt consolidation for veterans: How to qualify Santa Fe New Mexican
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Dr. Phil might not be a real medical doctor, but he sure seems to be good at reanimating his own corpse, because somehow he just keeps coming back from the dead. Just a couple of weeks after his streaming venture, Merit Street Media, filed for chapter 11 bankruptcy, the second-most-embarassing person that Oprah rocketed into fame is launching another venture called Envoy Media Co., according to The Hollywood Reporter.
Envoy, much like Merit Street, will be anchored by original programming starring Dr. Phil and Steve Harvey. It’ll also include a library of content (Merit Street had a whole back catalogue of Harvey’s talk show and Nancy Grace’s “Crime Stories,” so keep an eye out for…
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The Technical University of Kenya (TUK) has been declared insolvent by Parliament amid a deepening financial crisis marked by a Ksh12 billion debt and persistent salary delays for staff.
The crisis has largely been blamed on a bloated workforce that exceeds the institution’s operational capacity, with payroll consuming Ksh270 million monthly. Additionally, TUK has failed to remit statutory deductions for several years.
Appearing before the Parliamentary Committee on Education on Wednesday, April 16, current and former administrators faced tough questions about how the institution accrued debts now exceeding Ksh12 billion.
The administrators admitted to severe financial mismanagement, revealing that staff, including lecturers,…
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Drake has revealed the staggering amount of money that he has lost gambling so far over the last month alone.
Posting on his Instagram Stories, a screenshot of his gambling account revealed the 6 God had wagered almost $125 million over the last month and was more than $8 million in the hole.
The screenshot revealed that Drizzy had lost almost $6 million in the last week.
Drake also wrote: “Gotta share the other side of gambling… Losses are so fried right now. I hope I can post a big win for you all soon cause I’m the only one that has never seen a max these guys max once a week.”
Since posting the screenshot, Drake bet…
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The Technical University of Kenya (TUK) has addressed reports that the university has been shut down days after it was declared financially insolvent by the National Assembly.
The Parliamentary Committee on Education on Wednesday, April 16, declared TUK insolvent amid a deepening financial crisis marked by billions of debts and persistent salary delays for staff.
This came after current and former administrators faced tough questions before the committee about how the institution accrued debts exceeding Ksh12 billion.
Following the insolvency declaration, a notice purported to be from TUK resurfaced, claiming that the university has been closed.
The document, which has since been flagged as fake, alleged that the university…
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By Ben Zigterman ( July 14, 2025, 3:14 PM EDT) — Maverick Gaming LLC, which operates casinos and hotels in Nevada, Colorado and Washington, filed for bankruptcy relief Monday in Texas with more than $100 million in liabilities and a $22.5 million Chapter 11 financing package lined up….
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