Sir Philip Green is battling to rescue his Topshop empire from collapse and time is running out. The billionaires Arcadia group, which employs about 19,000 people, is desperate to secure a rescue restructure that will involve the closure of about 50 of the groups 570 British stores. If a deal cannot be agreed well before…
Committees of Creditors (CoCs) should provide all relevant information and share their vision for companies under the insolvency process, a senior official said on Saturday as he asserted that it will be dangerous to let viable firms to close down. Amid rising number of stressed assets being referred for resolution under the Insolvency and Bankruptcy…
Details of an ongoing scam within the Netherlands have been published by the Authority for Consumers and Markets (ACM). Reports suggest that the scam seeks to claim back non-existing gambling debts from Dutch consumers. The Authority has revealed that companies Bailiff Smits and Co, Inter Payment Service and Lootsma and Partners, are all involved as…
A business regulation agency based in The Hague has released information regarding a scam that claims fake gambling debts from consumers. Pressurizing people to pay The Netherlands Authority for Consumers and Markets (ACM) has namedLootsma and Partners, Bailiff Smits and CoandInter Payment Service as the collection companies involved in the scam, according to a report…
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