Registrations are now open for the Contract Law Masterclass Sydney and so is the chance reserve your seat at the best available rate with the time-limited Early Bird offer. The one day masterclass puts the spotlight on some of the most complex areas of contract law. Among the speakers will be David Walter, Partner at…
* Local govts to prepare lists of zombie firms within 3 mths * Firms must draw up restructuring plans within 6 months * Those meeting bankruptcy conditions to be eliminated immediately (Adds detail, background) SHANGHAI/BEIJING, Dec 4 (Reuters) – China will encourage zombie firms that still retain business value to restructure and woo strategic investors…
Debt can be a tricky thing. On the one hand, getting a mortgage or other form of credit is a normal way to finance modern life and so long as you stay up to date with payments everythings fine. One the other hand, if you take out too much debt or your circumstances change you…
* Local govts to prepare lists of zombie firms within 3 mths * Firms must draw up restructuring plans within 6 months * Those meeting bankruptcy conditions to be eliminated immediately (Adds detail, background) SHANGHAI/BEIJING, Dec 4 (Reuters) – China will encourage zombie firms that still retain business value to restructure and woo strategic investors…
Australian retailers who stock TEAC products are today questioning the long term future of the business after the Company reported a loss of $2.04M. Questions are also being raised as to whether the Australian Securities and Investment Commission should question directors of the Australian operation, (TTA) about inter Company loans and the approval of these…
We have this good friend who regularly tells us how much government debt has risen, the interest bill the country is paying and that the economy is therefore a disaster waiting to happen. We explain patiently that it isnt as bad as hes describing and he always replies with a glib one line response he…
news, latest-news, The ripple effects of the decline in Australias car manufacturing industry are being felt as a tidal wave in Ballaratafter metal pressing company Ceramet went into liquidation last week. A source who wished to remain anonymous toldThe Courier30 staff would lose their jobsafter liquidatorswere appointed on Wednesday. Ceramets technical and commercial manager Stephen…
A MAN who used a stolen credit card for gambling thought methylamphetamine would assist him with analysing the bets. Adam Noel Baker racked up $18,384 in debt on the stolen credit card by gambling and taking out cash advances. Baker pleaded guilty to 31 counts of gains benefit by fraud, home burglary and commit, two…
OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has changed the Financial Strength Rating (FSR) to a Non-Rating Designation of F (In Liquidation) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to f from a- of Merced Property & Casualty Company (Merced) (Atwater, CA), following the announcement on Nov. 30, 2018, that the California Insurance Commissioner…
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…