Jamie Olivers Italian restaurant empire has hit turbulent times after The Sun revealed Jamies Italian Limited owes debts totalling $125 million. The Sun obtained High Court documents detailing the companys debt, which includes $53 million to financial services company HSBC in overdrafts and loans. Advertisement The company also owes approximately $73 million to landlords, s……
Share this: Transitional periods can be tough, especially when they involve a whole whack of downsizing, but for Toronto-based Redknee Solutions Inc. (TSX:RKN), coming out of restructuring slimmer and more streamlined will make a world of difference, say analyst Robert Young and associate Christian Sgro with Canaccord Genuity, who have raised their target price on…
The company has reportedly racked up debts of £71.5 million Claims that the star begged landlords to cut rents in aim to keep company afloat Plan backed by 95% of creditors will see 450 staff lose their jobs By Victoria Bell For Mailonline Published: 02:00 AEDT, 12 February 2018 | Updated: 05:43 AEDT, 12 February…
A file photo of the Reserve Bank of India in Mumbai. The Insolvency and Bankruptcy Code, 2016 was passed in May 2016, changing the legal framework for insolvency resolution in India. Photo: Aniruddha Chowdhury/Mint On Tuesday evening, the CEOs of some of Indias biggest banks were on a panel discussing the changing banking landscape, at…
The Charities Regulator has that said up to 40 Irish charities may have lost money after an online company that collected money for them went into liquidation. The company, Pembroke Dynamic Internet Services, had a liquidator appointed two weeks ago after it failed to satisfy a debt owed to the Revenue Commissioners. Following the appointment…
The Charities Regulator has that said up to 40 Irish charities may have lost money after an online company that collected money for them went into liquidation. The company, Pembroke Dynamic Internet Services, had a liquidator appointed two weeks ago after it failed to satisfy a debt owed to the Revenue Commissioners. Following the appointment…
Law Commission of India vide its 124th Report[1], while highlighting the issues of multiplicity of jurisdictions with High Courts, pendency of cases, multiplicity of stages of appeal/ review/ revision under the Code of Civil Procedure, and need of having specialized bodies to deal with specialized matters, recommended for setting up of specialized Tribunals. This paved…
AUSTRALIAN families are facing another year from a debt treadmill, thanks to credit card complacency, research has revealed. A survey by lender SocietyOne found that of the Aussies who took out a balance transfer card to help pay off their debt faster, 67 per cent had neglected to cancel their existing credit cards and 12…
Scottish personal insolvency numbers rise by 2.1% 24 January 2018 Image copyright Getty Images The number of personal insolvencies rose in Scotland in the last quarter of 2017, according to official figures. Accountant in Bankruptcy (AiB) reported 2,691 bankruptcies and protected trust deeds (PTDs) between October and December – a year-on-year rise of 2.1%. The…
AUSTRALIAN families are facing another year from a debt treadmill, thanks to credit card complacency, research has revealed. A survey by lender SocietyOne found that of the Aussies who took out a balance transfer card to help pay off their debt faster, 67 per cent had neglected to cancel their existing credit cards and 12…