Former executive assistant Amber Harrison is liable to pay Seven West Media’s legal costs after a court found she acted unreasonably in contesting Seven’s case against her. On Monday afternoon NSW Supreme Court Justice John Sacker ordered Ms Harrison to pay Seven’s legal costs on an indemnity basis meaning she is liable for up to…
Beena Parmar Moneycontrol News Essar Steel will undergo insolvency proceedings as the Gujarat High Court dismissed the company’s plea against the Reserve Bank of India (RBI). According to a senior lawyer, “Now, Essar Steel has the option of going to the Supreme Court. They will take a decision in a day or to as time…
The Gujarat High Court on Monday dismissed Essar Steel India Ltd’s appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said. The ruling is a boost to the government, which in May tweaked Indian banking laws to empower the Reserve Bank of India…
17 Jul 2017 Idempapers has been declared bankrupt in early June. An interested investor had withdrawn his takeover offer. Now, new potential investors have emerged. There is still hope for insolvent Begian specialty paper producer Idempapers. The Belgian trade union CGSLB said that new investors had emerged who were interested in participating in a…
Pisit, who offered his legal service to the girls mother for free, told police that he deducted a Bt500,000 lawyers fee from the Bt4 million compensation he had received on the victims behalf, city police chief Lt-General Sanit Mahathavorn told a press conference on Monday. He claimed the money was to fund his PhD education,…
A lot of graduates and young professionals are troubled by their student loan repayments that is why National Debt Relief shares some important ideas consumer need to keep in mind. The recently published article titled “The High Cost Of Student Loans” released June 23, 2017 helps consumers deal with their payment obligations. Denver, CO (PRWEB)…
A welfare cheat hid assets from Centrelink and was overpaid. Picture: Matt King/Getty Images A WELFARE cheat hid more than $1 million in cash and assets from Centrelink over a decade, after the Department of Social Services overpaid him money he wasnt even eligible for. Rabee Ebady received the Disability Support Pension, Newstart Allowance and…
The corporate regulator has raised concerns about KordaMentha’s independence ahead of its appointment as administrator to Network Ten, at a hearing in the Federal Court on Monday. The hearing was called by KordaMentha to apply for an extension of the administration period, an uncontroversial move that is likely to be granted. Play Video Don’t Play Ivanka…
Moneycontrol News Inox Wind shares fell nearly 7 percent in morning trade Monday despite the company’s clarification on issues related to insolvency proceedings and Jeena case against it. Last week media reports indicated the wind energy service provider is headed for insolvency, after the National Company Law Tribunal’s Chandigarh bench (NCLT) ordered commencement of the…
The corporate watchdog has dramatically intervened in the collapse of the Ten Network, as lawyers for Lachlan Murdoch, James Packer and Bruce Gordon trade barbs over whether Ten administrators Korda Mentha are conflicted. On Monday, the insolvency firm successfully asked the Federal Court to push back a critical second creditors meeting where Ten’s future will…