Walton Construction director aware firm was insolvent months before collapse, liquidator’s report claims – ABC Online

Liquidation

The liquidator of a collapsed construction giant has found evidence it says indicates the company’s director and founder knowingly traded while insolvent, according to a confidential report obtained by the ABC. Key points: Walton Construction placed into voluntary administration in October 2013 owing tens of millions of dollars to subcontractors Confidential liquidator report from…

Acosta Welcomes Industry Expert to Expand eCommerce Capabilities – Markets Insider

Restructuring

JACKSONVILLE, Fla., Nov. 8, 2017 /PRNewswire/ — Acosta, a leading full-service sales and marketing agency in the consumer packaged goods (CPG) industry, announced today that Brian Christensen has joined the company as Senior Vice President of Digital Strategy and eCommerce. This hire is in an effort to help broaden Acosta’s services and capabilities in the emerging…

Denver mayor says $937 million debt package could help city if there’s another recession – Denverite

Debt Help

Mayor Michael Hancock cheers during a watch party for Denvers 2017 bonds vote, Nov. 7, 2017. (Kevin J. Beaty/Denverite) Last night, Denver voters approved $937 million in new debt to fund new projects and maintenance across Denver. Now, its time for the city to get to work. The city will begin by searching for a management company…

Banfield Pet Hospital Announces Debt Relief Program For Veterinarians – PR Newswire (press release)

Debt Help

VANCOUVER, Wash., Nov. 8, 2017 /PRNewswire/ — Banfield Pet Hospital® today unveiled the Banfield Veterinary Student Debt Relief Pilot Program. Marking the latest development in the practice’s commitment to supporting its associates’ financial well-being, Banfield is set to launch a new debt-relief program for its veterinarians in December 2017. … Read the full article at:…

Samoan Rugby Union ‘bankrupt’ as RFU pledge £75000 ‘goodwill gesture’ in attempt to keep autumn Test alive – The Independent

Bankruptcy

The Rugby Football Union will make a goodwill payment of £75,000 to the Samoan Rugby Union after it was declared bankrupt on Wednesday, with the Pacific Islands prime minister holding a radiothon all day in an attempt to generate donations. Samoa are scheduled to face Scotland this weekend and England in three weeks time in…

Samoan Rugby Union declared bankrupt as Test matches with Scotland and England are plunged into doubt – Telegraph.co.uk

Bankruptcy

The Samoan Rugby Union (SRU) has been declared bankrupt by its chairman ahead of the countrys November internationals against Scotland and England. Tuilaepa Sailele Malielegao, who is both the prime minister and chairman of the SRU, is reported as saying that the union cannot afford to pay the players insurance, which could prevent their match against…