A CRUEL dad has been arrested for selling his baby daughter online for 6,800 to pay off his gambling debts. Named only as Jiang, the heartless father sold the one-year-old to a couple after racking up debts of more than 60,000 Yuan (6,798), according to reports in China. Pear Video A little girl in China…
Update on the voting results of the 18th meeting of the Committee of Creditors of Viceroy Hotels Limited (CoC). This is to inform you that the e-voting on the resolutions put to vote at the 18th meeting of the CoC of the Company commenced on 19 March, 2019 at 04:00 p.m. and concluded on 20…
A company which provided school improvement, governor support and other services to hundreds of schools in Buckinghamshire is to go into liquidation, citing changes to national education policy. Trustees of Buckinghamshire Learning Trust have confirmed that the company, formed in 2013 to run certain services outsourced by Buckinghamshire County Council, has ceased trading. Despite exploring…
One of Australias most prominent tech startups – custom footwear-maker Shoes of Prey – has filed for insolvency. Helpfully, co-founder Michael Fox has explained why in a Medium post. The TL;DR: even though it had a loyal fan base among well-heeled women who appreciated its shoe customisation service, the company was never profitable and couldnt…
In Brewer & Anor v Iqbal [2019] EWHC 182 (Ch) the joint liquidators of ARY Digital UK Ltd, Richard Brewer and Mark Wilson, brought breach of duty claims against the former administrator of the company, Zafar Iqbal. The court heard how Iqbal had sold the companys business and assets back to the directors in a…
30-second summary 250-620 deaths each year in the UK are linked to gambling Scottish MP calls for gambling companies to take action against problem gambling 140m could be brought in each year with 1% statutory levy aimed at gambling companies A Scottish National Party MP has written an article in the press, in which he…
The restructure would result in 900 job losses and the departure of two of its most senior executives,consumer bank chief George Frazis and BT chief Brad Cooper. TS Lim, banking analyst at Bell Potter, said the decision would further “de-risked” the bank. “There will be a loss in revenue upfront with cost savings later, so…
Eclipx went into an ASX halt on Monday pending a trading update, which on Wednesday delivered the bleak news that most investors had been expecting. Eclipx said net profit was down 42.4 per cent compared with the first five months of 2017-18, with the decline having worsened in February. It declined to be specific on…
BUFFALO A Salamanca man has pleaded guilty to federal charges stemming from his fraudulent debt restructuring business that reportedly scammed 200 people out of $1.2 million. Sergiy Bezrukov, 35, of Salamanca and formerly of Queens, pleaded guilty Monday in U.S. District Court in Buffalo to conspiracy to commit bank fraud and money laundering, the U.S.…