Katie Price commanded a fortune of 45m during her heyday as one of the most powerful media figures in the UK. After starting out as a glamour model, she starred in her own reality TV shows, won Celebrity Big Brother and even dabbled in pop music. Price, previously known by the pseudonym Jordan, has also…
Ching Yau Yu and Vincent Wai Kit Yu were directors of Kai Hing Limited. The company was incorporated in January 2011 and traded under Yu and You Restaurant and Bar, a Chinese eatery in the Copster Green area of Blackburn. The restaurant featured in the TV programme, Ramsays Best Restaurant, in 2013. However, Kai Hing…
The Insolvency and Bankruptcy Code, 2016 has seen its share of twists and turns. One more twist may be lying in wait; operational creditors seeking a voice alongside financial creditors in the insolvency process. A financial creditor is one who has lent money to the company, and an operational creditor is a vendor who has…
DOORSTEP loan firms will have to make the cost of rolling over borrowing clearer to customers, under new rules unveiled by City watchdog today in a victory for The Sun. Firms have also been warned about contacting potential customers who have not applied for loans. Getty – Contributor The FCA has announced new rules for…
Once-hyped augmented reality startup Blippar has laid off all of its employees after it collapsed into administration. The company said it would wind down its augmented reality services after being unable to raise the necessary funding to stay alive. The decision leaves loyal Blippar employees in a tough position before Christmas and may affect their…
Dear Sir / Madam, We would like to inform you that 19th meeting of Committee of Creditors of ABG Shipyard Limited was held on Monday, 17th 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 are requested to…
SINGAPORE — Commoditiestrader Noble Group is set to start implementinga long-awaited $3.5 billion debt-for-equity rescue restructuring on Wednesday, in a move that enables the scandal-hit company to avoid liquidation. The Hong Kong-based and Singapore-listed company has been forced to resort to a form ofbankruptcy protection to carry out the plan, after the Singapore Exchange and…
SOFIA (Bulgaria), December 17 (SeeNews) – The Sofia city court declared on Monday localtelecommunications operator Max Telecom insolvent in a case instituted at the request of local M Sat Cable [BUL:MCJ1] over a 116.2 million levs ($67.3 million/59.4 million euro) debt, documents filed with the commercial register showed. In January 2017 the two companies reached…
17:14 17.12.2018 Ukrainian banks with Russian state capital currently have a sufficient level of liquidity for timely settlement with depositors in the event of possible court decisions about the seizure of their assets, First Deputy Head of the National Bank of Ukraine(NBU) Yekateryna Rozhkova has said. “We have two large banks with Russian state capital…
In July, when Purplebricks reported its full-year result, Purplebricks chairman Paul Pindar said the Australian business “continued to track the UK performance at the same time in its development” and was expected to “reach monthly profitability within 12 months”. In its latest interim accounts filed to the London Stock Exchange, Purplebricks said the underlying performance…