Shire not concerned awarding pool tender to company who went into administration in February – Avon Valley Advocate

Shire not concerned awarding pool tender to company who went into administration in February The Shire of Northam has said they are not concerned that the company they have awarded tender to for the construction of a $10 million pool went into voluntary administration earlier this year. After 12 months of detailed design and tendering…

Prosecutors have asked why NBU does not recognize bankruptcy Misto Bank – The Koz Times

The national anti-corruption Bureau of Ukraine (NABU) and Specialized anti-corruption Prosecutors office (SAP) began the investigation of the case against officials of the NBU, which are not declared insolvent Misto Bank of peoples Deputy Ivan Fursin. As reported Finbalance, SAP on the basis of a complaint by the company Kahovka Prom-agro has made the information…

FTC Settles With Two Student Loan Debt Relief Companies Over Illegal Upfront Fees and False Promises – insideARM.com

In October 2017, the Federal Trade Commission (FTC) and several states launchedOperation Game of Loansto help fight deceptive student loan debt relief scams. Stemming from this program, the FTC settled with Student Debt Doctor (SDD) and American Student Loan Consolidators (ASLC), two Florida-based student loan debt relief companies, over collecting illegal upfront fees and falsely…

NCLT extends deadline for Viceroy Hotels insolvency resolution process – BusinessLine

In a move that could potentially enable in finding a suitor under the corporate insolvency resolution process (CIRP), the National Company Law Tribunal-Hyderabad has extended the deadline to evaluate some plans. The Hyderabad-based hospitality chain Viceroy Hotels Limited may perhaps find a suitor, with the NCLT extending the deadline for resolving the case. The Judicial…

Buzzy startup Blippar was said to be valued at $1 billion and held talks to sell to Snap. It is now on the brink of death. – Business Insider Australia

Augmented reality firm Blippar, one of the UKs best-funded startups, is close to collapse. According to The Sunday Times, its chairman has written to shareholders warning of a dispute between two investors. Malaysian sovereign wealth fund Khazanah has reportedly blocked property tycoon Nick Candy from injecting further funding into Blippar. There have been months of…