Perth-based builder Start Right Homes has become the latest company to go into liquidation, with dozens of houses left unfinished. The Osborne Park building company, which mainly constructed single-storey houses, appointed liquidators on Sunday. According to Western Australias Building and Energy department, the company is yet to complete 24 projects. Building and Energy executive director…
Photo-Illustration: by The Cut; Photos: Getty Images This week, The Times U.K. reported that Kate Middletons parents, Carole and Michael Middleton, are hundreds of thousands of pounds in debt stemming from the sale of their childrens-party-supplies company, Party Pieces. The news comes less than a month after the Princess of Wales shared in a video…
A15LE E battery-electric bus (Photo: Van Hool) Belgian bus OEM Van Hool has been declared bankrupt by the Commercial Court of Mechelen, a court in Belgium which deals with commercial litigation. According to media reports the company had accumulated a debt of 400 million. This was further compounded by a family inheritance dispute over shares…
US-based alcohol-free retailer Boisson will close all of its stores as part of a restructuring of its business, which will focus on wholesale distribution and e-commerce. Boissons West Village store in New York City In a statement on LinkedIn on 6 April, Boisson CEO Sheetal Aiyer said the companys board of directors had decided to…
West Flemish businessman Guido Dumarey has made a new bid for the bankrupt bus manufacturer Van Hool. He is joining forces with a US company ABC Companies, Van Hool’s biggest customer in the United States. He also launched a bid last month, but later withdrew that proposal. Monday morning it was officially announced that bus…
It sounds like Bruno Mars can still afford to keep his 24-karat magic in the air. Amid rumors that the Grammy-winning singer and songwriter owed $50 million in gambling debt at a Las Vegas casino, the establishment’s parent company has come to Mars’ defense and dismissed the chatter as “completely false.” In a statement provided…