A vessel formerly owned by Carlos Rafael aka the Codfather that was later relaunched by the now-bankrupt and defunct Blue Harvest Fisheries has been declared a total loss after a recent fire. The fire department in Fairhaven, Massachusetts, U.S.A. said the F/V Carrabassett is a total loss after welding aboard the vessel caused a large…
A new report from the New York Federal Reserve has revealed that Americans are struggling under a record amount of consumer debt, leading to more missed payments, higher balances and dwindling savings. And younger adults are being hit the hardest. Americans total household debt burden reached a new high of $17.5 trillion in the final…
A popular Australian beer company has entered voluntary administration after almost 10 years of business, citing increasing costs and taxes. Hawkers Beer, which is based out of Reservoir in Melbourne, announced on Monday it had entered into voluntary administration. Founder Mazen Hajjar cited a range of challenges affecting not just Hawkers but the entire craft…
A popular Australian beer company has entered voluntary administration after almost 10 years of business, citing increasing costs and taxes. Hawkers Beer, which is based out of Reservoir in Melbourne, announced on Monday it had entered into voluntary administration. Founder Mazen Hajjar cited a range of challenges affecting not just Hawkers but the entire craft…
The Simon Lee Gallery, once a beacon of contemporary art, faces an unceremonious end as it grapples with insolvency. The winding up process, initiated by the gallery’s creditors, paints a stark picture of financial difficulties exacerbated by the Covid-19 pandemic and failed attempts to settle with HMRC. Advertisment A Gilded Past, A Troubled Present Established…
Credit card debt forgiveness programs can be a wise choice, but it’s not the right move for everyone. Getty Images In the U.S., credit card debt is commonplace. In fact, household credit card debt across the country totaled $1.13 trillion during the fourth quarter of 2023. And, credit card balances increased by $50 billion from Q3…
SYDNEY, NEW SOUTH WALES, AUSTRALIA, February 12, 2024 /EINPresswire.com/ — Macmillan Lawyers and Advisors, a trusted name in the legal and advisory industry, is pleased to announce the expansion of its insolvency services to the vibrant city of Sydney, Australia – macmillan.law/insolvency/lawyer-sydney/. With a strong foothold in Brisbane, the firm is committed to extending its…
If you saw them on the street, they would seem like a happy, completely normal Aussie family. But Kathryn and Mike Arnold, in their 40s, have left behind an unhappy trail of creditors dating back decades. The Sydney duo make quite the pair Mike is bankrupt and has been banned from running his own company…
A popular Australian beer company has entered voluntary administration after almost 10 years of business, citing increasing costs and taxes. Hawkers Beer, which is based out of Reservoir in Melbourne, announced on Monday it had entered into voluntary administration. Founder Mazen Hajjar cited a range of challenges affecting not just Hawkers but the entire craft…
The Body Shop is set to appoint administrators for its UK operation in a move which could result in job losses and shop closures. The cosmetics retailers owner Aurelius is allegedly lining up restructuring expert FRP Advisory to manage an insolvency process, according to Sky News. The administrators are likely to consider shutting some of…