Explosive new documentary reveals the lavish lifestyle of bankrupt businessmen Barry Hughes declared bankruptcy owing £10m but owns luxury fleet of cars BBC filmed Graham Gillespie, who has £12m debts, driving a brand new Bentley By Amie Gordon For Mailonline Published: 23:43 AEDT, 8 January 2018 | Updated: 23:48 AEDT, 8 January 2018 e-mail 2…
Dubai-based contracting giant Drake & Scull International (DSI) has announced that it has successfully completed the restructuring of its corporate general bank debt in the UAE. The company said in a statement that it has also secured new credit lines and working capital facilities for its ongoing and new projects portfolio. DSI said it has…
PUBLISHED: 11:36 08 January 2018 | UPDATED: 11:36 08 January 2018 Nina Morgan Welwyn Hatfield CAB chief executive Debbie Rixon. Picture: Kevin Lines Archant The last day of January is expected to be the busiest of the year for people seeking help with their debts, according to Citizens Advice Welwyn Hatfield. Analysis of national data…
MINNEAPOLIS–(BUSINESS WIRE)–Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is owning, operating and franchising hair salons, today announced it will close approximately 600 nonperforming Company owned SmartStyle salons on January 31, 2018. Our people are at the center of who we are and what we do, said Hugh Sawyer, President…
NEW DELHI: Companies which have defaulted on payment of dues to banks will require their approval for managerial remuneration beyond a certain threshold, according to the government. The approval will also be needed in case of defaults to public financial institution, non-convertible debenture (NCD) holders and other secured creditors. The provision is part of the…
Viet Nam News HÀ NI Deputy Prime Minister Vng ình Hu has signed Decision No.16 approving the restructuring plan of the Vietnam National Chemical Group (Vinachem). The decision, designated for 2018-2020, aims to improve Vinachems structure, capacity, production efficiency and business competitiveness. While signing the decision, the deputy prime minister stated the…
Step 1: Hash out the details Going into anything blind is never a good idea so make sure to be specific with how long you intend to use the balance transfer card for. The general time period for these cards starts at 6 months and can be upwards of 24 months, that is, before the…
Former millionaires who have declared bankruptcy are still enjoying lavish lifestyles as they exploit the system to keep their cash, it was claimed. Crooks and businessmen who say they have little or no assets have been seen driving luxury cars, seemingly untouched by insolvency, a BBC programme alleges. Convicted fraudster Barry Hughes, an ex-boxing promoter,…
Liz Weston, NerdWallet Published 12:05 a.m. ET Jan. 8, 2018 Buy Photo (Photo: Photo illustration by Diana McNary The Detroit News)Buy Photo Daniel Montville knew a debt consolidation loan wouldnt solve his financial problems, but the hospice nurse hoped it would give him some breathing room. He had already filed for bankruptcy once, in 2005,…
Investors should note that the ex-dividend date is set by the NYSE. Under the rules of the NYSE, when a distribution is declared in a per share amount that exceeds 25% of a company’s stock price, the date on which that company’s shares will begin to trade without the dividend, or ex-dividend, is the first…