Update (12:10 UTC, March 7): This article has been updated with statements from a SETL press release received after publication. London-based blockchaininfrastructure company SETL has filed for insolvency and is looking for a larger financial services firm to take on some of its holdings. The newsrevealed in a notice of insolvency filed today with the…
SETL Blockchain Project Files For Bankruptcy, Now Seeks Buyers SETL Development Limited, a London-based firm founded in 2015 to bring the benefits of blockchain technology to financial institutions, reports The Block on March 7, 2019. SETL Goes Bankrupt SETL, an enterprise blockchain platform that builds a solution for financial institutions, has declared itself insolvent and…
Pauline Muldowney, more commonly known as Pauline Gopee, was disqualified for 12 years on 7 December 2018 at the High Court of Justice. The court heard that Pauline Muldowney was the sole formally appointed director of Pangold Investments Limited in March 2016 and just over a year later on 27 April 2017, a winding-up order…
Its odd to think that to the under 40s, Magenta Devine is not a household name, immediately conjuring up in the minds eye a pair of shades and a designer outfit. To uncharitable types, that description might signify that she was an insubstantial figure, part of a generation of TV presenters whose contribution to the…
Denim clothing maker Diesel USA declared bankruptcy, citing mounting financial losses and bad investments The company says store thefts and fake invoices are also hurting its performance Diesel plans to eventually exit bankruptcy and even open additional stores Diesel, a maker of denim clothing known for five-pocket jeans, filed for Chapter 11 bankruptcy protection, citing…
Denim clothing maker Diesel USA declared bankruptcy, citing mounting financial losses and bad investments The company says store thefts and fake invoices are also hurting its performance Diesel plans to eventually exit bankruptcy and even open additional stores Diesel, a maker of denim clothing known for five-pocket jeans, filed for Chapter 11 bankruptcy protection, citing…
David Green (56), from Liverpool, signed a disqualification undertaking following an investigation by the Insolvency Service. The ban prevents him from directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company. Bilt Group Limited was incorporated in February 2016 as the vehicle to carry out…
Credit Intelligence (ASX:CI1) CEO Jimmie Wong speaks to The Capital Networks Executive Director Lelde Smits about why global debt is increasing and how personal bankruptcy is becoming a bigger threat. Mr Wong holds a Bachelor of Laws degree from the University of Hong Kong and has over 20 years experience as a leading insolvency lawyer…
A Kiwi businessman was still an undischarged bankrupt when he became a director of a company that was later found to have been involved in a scamming operation across the Tasman. Photo: Screengrab / ABC New Zealander Eddie Kang, who was director and co-director of more than 30 now-removed businesses in the country, was declared…
If youre having to consider the option of an Individual Voluntary Arrangement then its perfectly understandable that youll want to source the very best advice according to your individual circumstances and even that of your family. In this article we take a closer look at what you should look for in an Insolvency Practitioner; together…