Actress Chloe Moretz’s father, McCoy Moretz, 59, declared bankruptcy in 2005 McCoy Moretz and Chloe’s mother and his then-wife Teri, owed millions to dozens of companies including banks, credit cards, auto firms, and stores When they declared bankruptcy, the couple, who have five children together, had debts of $5,487,891 The bankruptcy was discharged on February…
Piper Alderman welcomed a senior lawyer to the partnership today. Sarah Johnson, who is based in Sydney, has joined the national firms commercial law team. She moves from Kemp Strang, where she has been executive counsel since 2012. She made the move to Australia and Kemp Strang in 2006 when she joined the firm as…
The workforce at Linwoods Monaghan Road headquarters in Armagh will be reduced by 90 full-time employees. The company will also cease its van sales distribution business. Linwoods Health Foods and all contracted bakery production with the company would not be affected by the restructuring and redundancies, the company claimed. John Woods, joint managing director of…
Hopes of bankers of lesser haircuts along with resolutions of almost half of the 12 stressed assets under the insolvency proceedings, are close to realization in the next two months. Nearly ten months after the Reserve Bank of India identified 12 non-performing assets (NPAs), estimated to account for 25 percent of the gross NPAs of…
Peter Miller The Mortgage Reports Contributor Use debt consolidation to qualify for a mortgage carefully Consider the use of debt consolidation to qualify for a mortgage very, very carefully. Follow these tips to avoid being one of the 85 percent who fail debt consolidation. Debt consolidation can lower your debt payments, allowing you to qualify…
In a setback for Ultratech, the Supreme Court on Friday refused to allow out-of-court settlement for Binani Cement bankruptcy case. UltraTech Cement had informed the stock exchanges that it had obtained the Competition Commission of India’s (CCI) approval for its bid for the under-debt company and the company claimed the…
Reserve Bank confirms resilient financial system Financial Stability Review Reserve Bank Financial Stability Review: The Reserve Bank has handed down the latest review of the financial system. The Australian financial system remains resilient and its ability to withstand adverse shocks continues to be strengthened. Household borrowing risks ease: Concerns about riskier types of new housing…
ASIC cancels Octani Capital’s licence – InvestorDaily ASIC cancels Octani Capital’s licence Latest News Perth-based corporate advisory practice Octani Capital has had its Australian financial services licence cancelled by ASIC. By Reporter … Read the full article at: https://www.investordaily.com.au/regulation/42846-asic-cancels-octani-capital-s-licence
Nostalgia hasn’t translated into dollars in a long-shot effort to crowdfund a future for Toys R Us. Neither did efforts to recruit other toy makers. A campaign led by a billionaire toy executive who pledged $200 million with other investors in hopes of saving part of the bankrupt chain has foundered, with only $59,000 more…
Reserve Bank confirms resilient financial system Financial Stability Review Reserve Bank Financial Stability Review: The Reserve Bank has handed down the latest review of the financial system. The Australian financial system remains resilient and its ability to withstand adverse shocks continues to be strengthened. Household borrowing risks ease: Concerns about riskier types of new housing…