July 19, 2018

FTD Companies, Inc. Announces Review of Strategic Alternatives, Corporate Restructuring and Cost Savings Plan and … – GlobeNewswire (press release)

RestructuringBy Insolvency Advisory Accountants July 19, 2018

Scott D. Levin Appointed Interim President and Chief Executive Officer Company Provides Update on 2018 Business Outlook DOWNERS GROVE, Ill., July 19, 2018 (GLOBE NEWSWIRE) — FTD Companies, Inc. (Nasdaq:FTD) (FTD or the Company), a premier floral and gifting company, today announced that its Board of Directors has initiated a review of strategic alternatives focused…

Why SumoSalad has placed itself into voluntary administration – SmartCompany.com.au

LiquidationBy Insolvency Advisory Accountants July 19, 2018

Australian food retailer SumoSalad has placed itself into voluntary administration in order to give the company some breathing space and help the owners restructure the business. In a statement, the company revealed its management had placed the company into administration as part of a long-term strategy to restructure and extend the brand. However they stressed…

Brokers can help tax debt consolidation – Australian Broker

Debt HelpBy Insolvency Advisory Accountants July 19, 2018

As small business owners across the country lodge their tax returns, brokers can play a key role in helping them. This is the message from specialist lender Liberty, which helps small business customers consolidate their tax debt. Group sales manager at the specialist lender, John Mohnacheff, said brokers should be reaching out to their small…

New trial ordered in The Wynn suit against businessman – Nevada Appeal

GamblingBy Insolvency Advisory Accountants July 19, 2018

The Nevada Supreme Court has ordered a new trial for an Italian businessman sued by The Wynn over a $1 million gambling debt. Mario LaBarbera visited Las Vegas in 2008 and, while staying at The Wynn, lost $1 million of his own money and $1 million in marker credit extended to him by the resort.…

Man who delivered drugs to help pay off brother’s drug debt jailed for 2½ years – Irish Times

Debt HelpBy Insolvency Advisory Accountants July 19, 2018

A Dublin man who was pressured into delivering more than 120,000 worth of cannabis in order to pay off his brothers drug debt has been given a two-and-a-half year jail term after his original suspended sentence was deemed too lenient. Brian OGrady (32) with an address in Liam Mellows Road, Finglas, Dublin, had pleaded guilty…

FTD Companies, Inc. Announces Review of Strategic Alternatives, Corporate Restructuring and Cost Savings Plan and … – Markets Insider

RestructuringBy Insolvency Advisory Accountants July 19, 2018

Another pair of former Conti bulkers hits the buffers – TradeWinds

BankruptcyBy Insolvency Advisory Accountants July 19, 2018

Insolvency proceedings have been launched on the funds that own a pair of modern German supramax bulkers. The KG (limited partnership) owners of the 57,000-dwt Achat and Almandin (both built 2010) have thrown in the towel after failing to recover from the bankruptcy of a South Korean counterpart. The two supramax bulkers are destined to…

Prospect of sports betting frightens problem gamblers – Ahwatukee Foothills News

GamblingBy Insolvency Advisory Accountants July 19, 2018

Another football game hadnt gone Joe Schillers way, and the thousands of dollars of debt he had accumulated from betting was about to bury him. With his life spinning out of control, he hopped in his car with his then-pregnant wifes paycheck in his pocket and went into hiding for two months. Haunted by suicidal…

Ex-partners who shirk child-maintenance are to get debt relief – The Economist

Debt HelpBy Insolvency Advisory Accountants July 19, 2018

IN SUNNY south Wales, Hayley is squeezing in a chat on the phone while caring for her five children after school. Her eldest two are 19 and 20; both have special needs and live at home. Their father is an occasional figure in their lives. After the couple separated, Hayley got a large mortgage to…

Ambulance Victoria sorry good Samaritan was chased by debt collectors – The Age

Debt HelpBy Insolvency Advisory Accountants July 19, 2018

Jenna, who didnt provide her last name, said Will looked like he’d been homeless for a pretty significant amount of time. He was very polite but he looked very unwell, she said. “I was pretty worried about his state of health and wellbeing. Jenna stayed with Will as paramedics and police arrived, but he appeared…

Daily Archives: July 19, 2018