According to Karotsakis more than 8,600 persons have been removed from the bankruptcy record with the aim of re-integrating them into economic activity. FAMAGUSTA GAZETTE CYPRUS The Insolvency Service has managed to secure fifty six debt release orders (DRO) for debtors who were unable to repay dues of up to…
At the Rickmers Maritime extraordinary general meeting held on Oct 31, unit holders approved two resolutions. Resolution 1 was to approve the proposed issue of 1,319,434,076 new units, pursuant to the proposed restructuring of the notes. This will result in the note holders receiving 60 per cent of the enlarged total number of units. The…
Three years after Brian Tyson and partners staged a mass walk out at Kreab Gavin Anderson after a failed attempt at a management buyout to start competitor Newgate Communications (PR advisers to Ardent Leisure), KGA has entered voluntary administration. The first meeting of its creditors is set for Friday at the Sydney office of corporate…
BARROW families who are struggling with debt will be offered a way out thanks to a new charity-driven partnership. Spring Mount Christian Fellowship, in Abbey Road, Barrow have linked up with Christians Against Poverty (CAP) to offer home visits to people struggling with debt. Free help will be available to anyone who needs counselling on…
SINGAPORE – Natural resource firm Abterra reassured investors on Sunday (Dec 11) that it is solvent and able to meet its financial obligations. The statement from chief executive Lau Yu, published on the Singapore Exchange website, came after Abterra announced last Wednesday (Dec 7) that controlling shareholder, General Nice Resources (Hong Kong) had been put…
Howards Storage World has been tipped into administration weeks before Christmas, with a restructuring team from Deloitte appointed to the specialist retailer on Friday. Voluntary administrators Vaughan Strawbridge and David Lombe were appointed to companies that run 29 of the retailer’s stores in New South Wales, Queensland, South Australia and Victoria. Howards Storage World went…
Howards Storage World has been tipped into administration weeks before Christmas, with a restructuring team from Deloitte appointed to the specialist retailer on Friday. Voluntary administrators Vaughan Strawbridge and David Lombe were appointed to companies that run 29 of the retailer’s stores in New South Wales, Queensland, South Australia and Victoria. Howards Storage World went into voluntary administration last week. Photo: Sean Davey The…