Brynne Edelsten, 37, says she has ‘no regrets’ about marrying Geoffrey, 77 – as she reveals why she kept her ex-husbands surname after their divorce By Candice Jackson For Daily Mail Australia Published: 09:10 AEDT, 11 January 2021 | Updated: 09:44 AEDT, 11 January 2021 14 View comments Brynne Edelsten became a household name in…
The Government has made changes to our insolvency framework to better serve Australian small businesses, their creditors and their employees. The changes introduce new processes suitable for small businesses from 1 January 2021, reducing complexity, time and costs for small businesses. The aim of the new legislation is to protect jobs, SMEs and social coherence,…
Betty has sought therapy after taking money from Scarletts account (Picture: REX) Scarlett Moffatts mother is receiving therapy after allegedly taking thousands from her daughters accounts to fund her gambling addiction. Gogglebox star Betty Moffatt reportedly checked into rehab after Scarlett, 30, discovered her mum had secretly taken thousands of pounds from her accounts as…
Introduction Petitioner Insolvency Just and equitable Consequences of presentation of a petition Grand Court’s discretion Introduction A Cayman Islands company may be wound up either voluntarily according to its articles of association or compulsorily by the Grand Court. This article provides an overview of the compulsory process. In certain circumstances, the Grand Court may recognise…
When a young man walked into a payday lender in Tbilisi and took 19 people hostage on November 20, brandishing what appeared to be a rifle and hand grenades, it looked at first glance like a simple robbery. But the would-be robber, 31-year-old carpenter Levan Zurabashvili, did not ask for money. Instead, he demanded the…
The government is likely to amend the Insolvency and Bankruptcy Code (IBC) to introduce pre-packs as a resolution mechanism, according to a government official aware of the developments. A pre-pack is an agreement for a distressed companys debt resolution between secured creditors and investors instead of a public bidding process, as under the Corporate Insolvency…
A “steep increase” in insolvencies is expected as debt holidays come to an end and other government stimulus measures are wound back. Relaxed insolvency laws which allowed businesses to trade without making a profit for six months expired on January 1, and the time frame has been reduced to 21 days. Noosa-based insolvency expert and…