The degree to which people are struggling to get by including having no savings to deal with an unforeseen bill should be seen as a crisis. Some estimates suggest that the number of people with even 100 in savings has fallen in recent years while others say one in five people have no savings at…
MIFAs insolvency administrator Lucas Flther of Flther & Wissing welcomes the judgment of the court of appeal in Naumberg. The courts decision is an important victory for the numerous creditors of MIFA AG. The court has followed our plea that the property belongs to the assets of the MIFA. Now we have to wait and…
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Investors are always looking for growth in small-cap stocks like Orbital Corporation Limited (ASX:OEC), with a market cap of AU$29m. However, an important fact which most ignore is: how financially healthy is…
The number of bankruptcies in Australia has fallen to a 24-year low, according to the Australian Financial Security Authority. The Australian Financial Security Authority (AFSA) has reported that bankruptcies have dropped 9.2 per cent year-on-year to 3,765 in the March 2019 quarter, compared to 4,148 in the same quarter in 2018. The March quarter figure…
On 13 May 2019, the Sixth Appellate Administrative Court rejected the appeal of the National Bank of Ukraine against the ruling of the Kyiv District Administrative Court dated March 2, 2018, that had satisfied the lawsuit filed by the Cyprus-based companyTriantalInvestments Ltd PrivatBanksformer shareholder. “The NBU does not agree with the courts ruling and intends…
NEW DELHI: Who will benefit from the proposed scheme? The individual insolvency regime proposed by the corporate affairs ministry and the Insolvency and Bankruptcy Board of India (IBBI), which oversees the operation of the bankruptcy code, seeks to offer a quick resolution for those micro, small and medium enterprises, mostly incorporated as partnerships or proprietorships,…
New Zealand-based CBL Corporation, which has operations in both the UK and Ireland, has been placed into liquidation by the High Court, as directors of the failed insurer withdrew their opposition to liquidate the group. CBL Corporation directors Alistair Hutchison and Peter Harris said they decided not to oppose the liquidation application after failing to…
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity…
Press release content from ACCESSWIRE. The AP news staff was not involved in its creation. Click to copyhttps://apnews.com/ACCESSWIRE/e46c6eb3a31243e0088a830aa835755a IRVINE, CA / ACCESSWIRE / May 13, 2019 / Sometimes people find themselves spiraling in debt, and they cant keep up with the payment. This causes them to be stressed out and trying so hard to make…
Image note: Displayed by Statistical Area Level 4 The Australian Financial Security Authority (AFSA) released regional personal insolvency statistics for the March quarter 2019. New personal insolvencies fell in most capital cities in the March quarter 2019 compared to the previous quarter. The exception was Greater Darwin. March quarter 2019 regional personal insolvencies state by…