The collapsed fundraising agency Home Fundraising is being liquidated, facing claims totalling more than 5m. The liquidators report, published on the Companies House website this week, reveals it has received claims totaling 4.8m from 56 unsecured creditors, while a further 92 claims have yet to be received for sums totalling more than 300,000. The unsecured…
SINGAPORE – Small and micro companies that have been hit hard by the Covid-19 pandemic and need to restructure their debts to stay viable or wind up their businesses can apply for support to do so under a new programme from Friday (Jan 29). Applications for the Simplified Insolvency Programme (SIP) will be open until…
Nelson Loh, co-founder of the Bellagraph Nova spotlighted for a series of false claims including doctored photos with ex-U.S. President Barack Obama has been judicially declared bankrupt after DBS commenced proceedings against him over outstanding debt. Nelson Loh was adjudged a bankrupt, according to a Business Times report citing Singapore High Court documents, over S$14.2…
Santander’s Madrid HQ Glenn Maud, an investor who during the last boom bought some of the worlds most expensive buildings, has been declared bankrupt after losing a near seven-year court battle. Maud was declared bankrupt in November following a petition lodged in 2014 from Libyas sovereign wealth fund, anotice from the High Court of Justiceshows.…