Editorial Independence We want to help you make more informed decisions. Some links on our site clearly marked will take you to a partner website and may result in us earning a referral commission. For more information, seeHow We Make Money. With the U.S. economy officially in a recession and historic unemployment numbers, many people…
Former central bank chief Zhou Xiaochuan said Monday that indebted countries have to find their own solutions for their debt problems and cant rely solely on assistance from the G-20. The G-20s debt relief initiative can alleviate the difficulties that have been caused and aggravated by the coronavirus pandemic, but we also need to recognize…
June 22, 2020 06:15 ET | Source: MNP Ltd. What Canadians Plan to Do When CERB Runs Out: Nearly half say they will cut back on consumer spending (46%) One third will apply for EI benefits (32%) or take on more debt (35%) One in ten will use savings to pay bills (30%) CALGARY, Alberta,…
As the economic impact of the Covid-19 crisis manifests itself, Matthew Wilde, a Managing Director at AlixPartners in the Middle East, anticipates a sea of firms will be forced to restructure their operations with survival and growth in mind. Wilde was brought on board to lead AlixPartners Turnaround & Restructuring team in the region just…
BOMBSHELL allegations of fraud and a misappropriation of customer funds has rocked travel agency Fly 365, which collapsed leaving almost 1000 creditors owed a whopping $26.9 million. An investigation into the actions of Fly 365 Pty Ltd directors Scott Mayne and Mustafa Filizkok has been completed by liquidator Nicarson Natkunarajah, with his findings handed to…
The registration of Ms Amanda Young as a liquidator has been cancelled following a decision by a disciplinary committee that she was not a fit and proper person to be registered as a liquidator. The Committee concluded that Ms Young had improperly used her position, falsified books and misappropriated funds totalling $238,502.23 from four liquidations.…