A bar company which was fined £100,000 serving a liquid nitrogen cocktail that left a customer in agonising pain has gone into liquidation, without paying the fine. Oscars Wine Bar Ltd, which is run by York-based businessman Andrew Dunn, has gone into liquidation, and documents from Companies House show the company has just £12,500 in assets.…
A YORK bar company which was fined £100,000 serving a liquid nitrogen cocktail that left a customer in agonising pain has gone into liquidation, evidently without paying the fine. Oscars Wine Bar Ltd has gone into liquidation, and documents from Companies House show the company has just £12,500 in assets. Documents say its debts include…
Insolvency resolutions of companies and individuals will be completed within 180 days, as per a new law which has got the nod from President Pranab Mukherjee. Insolvency is a situation where an individual or a company is unable to repay outstanding debt. The legislation has a provision for imposition by appropriate authority…
Insolvency resolutions of companies and individuals will be completed within 180 days, as per a new law which has got the nod from President Pranab Mukherjee. Insolvency is a situation where an individual or a company is unable to repay outstanding debt. The legislation has a provision for imposition by appropriate authority a minimum penalty…
Amid growing uncertainties on the potential impact of corporate restructuring, South Koreas large companies projected a negative outlook on business conditions for next month. The Federation of Korean Industries(FKI) on Monday released a survey on the nations top 600 companies in terms of sales, which estimated their business sentiment index (BSI) for June at 94-point-eight. It is…
Photo The Greek Parliament building last week. Credit Angelos Tzortzinis/Agence France-Presse Getty Images European leaders congratulated themselves last week for reaching an agreement to provide more loans to Greece and eventually ease the terms of the countrys huge debt. But there is little to celebrate. Greece is bankrupt in all but name. The country has…
The only true misfortune I have blessedly thus far experienced in my life has been belonging to the generation that was indoctrinated with the idea that after high school you had to go to college. There was no refusal, no rebuke to the wisdom of our baby boomer or early Generation X parents. Your only…
Amid growing uncertainties on the potential impact of corporate restructuring, South Koreas large companies projected a negative outlook on business conditions for next month. The Federation of Korean Industries(FKI) on Monday released a survey on the nations top 600 companies in terms of sales, which estimated their business sentiment index (BSI) for June at 94-point-eight. It is…