Ciaran Desmond has also been suspended from practice by the Law Society Solicitor Ciaran Desmond John Mulligan Today at 03:30 A solicitor who had a 6.9m judgment secured against him earlier this year by the family behind Irelands biggest trucking firm, Nolan Transport, has been declared bankrupt. Cork-based Ciaran Desmond had been seeking a deal…
How fast time flies. Just a few weeks ago, on the heels of its announced acquisition by British group Admiral, French insurtech Luko advertised itself through billboards in the Paris metro and felt confident enough to joke about the fact that it once won a Next Unicorn award. Fast forward to this week, and its…
The Business Post has announced a restructuring plan that has left up to six staff members at risk of redundancy as the newspaper shifts its focus to digital content. In a message sent to staff this week, chief executive of the Business Post, Sarah Murphy, said the newspaper undertook a strategic review of the business,…
At just 38, Casey McIntyre, a publishing executive remembered as an adoring wife and mother, died from ovarian cancer on Nov. 12. In a message written before her death that has subsequently gone viral on X (formerly Twitter), McIntyre shared her final wish: to pay off strangers’ medical debt through the charity RIP Medical Debt.…
A Geelong-based company owned by Geelong businessman David Collard has been wound up over allegations it owes more than $100,000 in debt. A court has ordered Sanitex Global Pty Ltd be placed in liquidation and denied a request by the companys solicitor to postpone the case, to allow Sanitex to repay money alegedly owed. Judicial…
ASIC has disqualified a former Magnolia Capital Group director from managing corporations for five years and banned him from financial services or credit activities for 10 years after the company collapsed owing up to an estimated $50 million. Youre out of free articles for this month To continue reading the rest of this article, please…
Citigroup Inc. C has commenced the elimination of various job positions as part of its major organizational overhaul process. Per a Yahoo Finances article quoting Bloomberg, the job cuts involve approximately 10% of Citigroups senior manager roles aggregating to around 300 managers. The companys press release said, Today we shared with our colleagues the next…
SINGAPORE In a bid to save himself from bankruptcy, Samuel Woo Wai Hoong conspired with two other people to cheat various banks into disbursing loans with falsified Inland Revenue Authority of Singapore (Iras) documents. On Wednesday (Nov 22), Woo, a 45-year-old businessman, pleaded guilty to seven charges of being party to a criminal conspiracy to…
With the right option, you may be able to cut down on what you pay in interest on your credit card debt. Getty Images Credit card debt can be easy to accumulate. And, once you have enough of it, that debt can be quite uncomfortable. After all, credit cards tend to come with high interest…
Twenty-nine officials from The Gambia, Ghana, Nigeria and Sierra Leone recently completed hands-on training to produce and analyse quality debt data using a Commonwealth tool that will help their governments make better financial decisions. The Commonwealth Secretariat and the West African Institute for Financial and Economic Management delivered the five-day training in Abuja, Nigeria from…