Recently, the FTC stopped several student debt relief companies from operating after it found the companies were making false claims that they could reduce loan payments and even eliminate student loan debts entirely. Impetus Enterprise, Inc. and two related corporations charged customers upfront fees for debt relief, which is illegal, to the tune of at…
Christchurch company Corbel Construction has gone into liquidation. Corbel Construction, established in Christchurch in 2000, opened an Auckland office in 2015 and said it specialised in commercial and industrial projects, and had upgraded four schools in Christchurch and worked with district health boards in Auckland and Christchurch. The Companies Office said Andrew Oorschot of Ashton…
The former world No 1 tennis player Boris Becker has dropped his claim to have diplomatic immunity from bankruptcy. The three-time Wimbledon champion had argued his appointment by the Central African Republic as a sporting, cultural and humanitarian attache to the European Union meant he could not be subjected to legal proceedings. But, after being…
Christchurch company Corbel Construction has gone into liquidation. Corbel Construction, established in Christchurch in 2000, opened an Auckland office in 2015 and said it specialised in commercial and industrial projects and upgraded four schools in Christchurch. The Companies Office said Andrew Oorschot of Ashton Wheelans was appointed the liquidator of Corbel Construction on Monday. A…
3 December 2018 Image copyright PA Ex-tennis champion Boris Becker has dropped his claim to have diplomatic immunity from bankruptcy. The three-time Wimbledon winner had said his appointment as a Central African Republic (CAR) diplomat gave him protection from any legal claims. Declared bankrupt in 2017 over money owed to bank Arbuthnot Latham, he was…
Arif Naqvi – File photo LONDON: Hopes of a solution have risen after the Abraaj group founder Arif Naqvi made last-ditch efforts to rescue the remaining business of his emerging markets empire and the Cayman Islands agreed to an extension for Abraajs joint provisional liquidators to devise a restructuring proposal over the next three months.…
According to a recent report released by Moore Stephens, there has been a 58% jump in the value of mortgages written off by UK banks in the last year. This rapid rise could be an early sign of distress in the housing market, the firm has stated. This jump in the value of residential mortgages…
Dear Sir / Madam, We would like to inform you that meeting of 18th Committee of Creditors of ABG Shipyard Limited is scheduled to be held on Thursday, 06th December 2018 at 02:30 P.M. IST at BDO India LLP, Level 9, The Ruby, North West Wing, Senapati Bapat Road, Dadar (W), Mumbai 400028, INDIA. You…
PITTSBURGH–(BUSINESS WIRE)–Today Dollar Bank completed its reorganization from a mutual savings bank to a mutual holding company. From this point forward, Dollar Bank operates under a mutual holding company structure with Dollar Mutual Bancorp (a mutual entity without shareholders) owning 100% of the common stock of Dollar Bank, Federal Savings Bank. The reorganization will not…
A company that was found to have misled customers to invest in fine wines has been wound up in the High Court. Intercontinental Wines Limited was wound up in the public interest at the High Court on November 23, after the court heardthe company, which had claimed to be a wine broker, had used client…