London property developer subject to bankruptcy restrictions totalling more than 13 years. Glenn Armstrong gave false and misleading information to obtain 273,000 from four individuals after a creditor applied to make him bankrupt in April 2018 Creditors lost hundreds of thousands of pounds because of transfers Armstrong made following the presentation of the bankruptcy petition …
Life happens. Your car breaks down. Prices go up. The latest layoffs come, and you find yourself out of a job. Facing financial difficulties can be stressful. Whether youre going through tough economic times or facing other roadblocks to your debt repayment, a financial setback can make you feel like youll never be able to…
What Katie Price has said about bankruptcy and threats of jail. (Getty) Once said to be worth about 40million, Katie Price has been declared bankrupt again. Bankruptcy is a legal process when a person or business is unable to repay spiralling debts. The I’m A Celebrity… Get Me Out Of Here star owes 761,994.05 to…
In 2016, Bruno Mars signed a multi-year residency with MGM Resorts International in Las Vegas. The singer has been entertaining audiences at Park MGM, but is now reportedly owing $50 million in debt from gambling losses at the casino. Although he earns $90 million annually from his residency, an insider revealed that he owes millions…
Model and TV presenter Katie Price has been declared bankrupt for the second time, a court heard today. Price was married to Australian singer Peter Andre between 2005 and 2009 and they have two children together. The UK glamour model, 45, who was not in court to hear her fate, has an unpaid tax bill…
This article was co-authored with Queenie Mok. In our earlier Legal Update, we outlined the findings of the Parliamentary Joint Committee on Corporations and Financial Services Final Report on Corporate Insolvency in Australia. Recommendation 3 of the Report was a comprehensive review to consider and make recommendations on the options to enhance public interest…
Melbourne-based Deeds Brewing has become the latest craft brewer to enter voluntary administration (VA), as the strain on Australias small breweries and businesses continues to grow. Deeds joins the likes of Bad Shepherd, Ballistic, Big Shed, Hawkers, Golden West and Wayward in VA, although Wayward and Hawkers have since found a way back into operating.…
A record 6.7 million people in Britain are in financial difficulty, a campaign group has claimed, as the cost of living crisis pushes more households into debt. A survey for Debt Justice found that 13% of adults had missed three or more credit or bill payments in the last six months, a figure that rose…
When it comes to pop stars, you don’t get much bigger than Bruno Mars. I mean, he played the friggin’ Super Bowl, for Christ’s sake. Kevin Mazur / Getty Images for SelvaRey One of the many things Bruno has got going on is a long-term residency at the Park MGM Las Vegas. He’s had a…