The shipping industry has been buffeted by storms recently, causing a wave of consolidation and affecting the legal services required. While shipping lawyers have adapted to the changing tides, the future is shrouded in fog. The past few years have been among the worst in the global shipping industrys history. Too many vessels…
By Associated Press, LONDON Boris Becker was declared bankrupt by a British court on Wednesday after the former tennis player failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last chance to pay a debt that Becker has…
Insolvency and losses ‘to rise as Brexit kicks in’ BelfastTelegraph.co.uk A credit management seminar in Belfast has heard that it is likely that there will be an increased level of company insolvencies and losses as credit risks are “exacerbated by Brexit”. http://www.belfasttelegraph.co.uk/business/news/insolvency-and-losses-to-rise-as-brexit-kicks-in-35852366.html http://www.belfasttelegraph.co.uk/business/news/article35852365.ece/1e12d/AUTOCROP/h342/2017-06-22_bus_32244336_I1.JPG Email A credit management seminar in Belfast has heard that it is…
LONDON German tennis legend Boris Becker, who won six Grand Slam titles, has been declared bankrupt by a London court on Wednesday. Although 49-year-old Beckers lawyers asked the bankruptcy court in the British capital for a last chance to pay off the debt, it was rejected by Registrar Christine Derrett. Beckers lawyers argued that there…
Becker declared bankrupt by British court Published on: Thursday, June 22, 2017 LONDON: Boris Becker (was declared bankrupt by a British court on Wednesday after the former tennis player failed to pay a long-standing debt. A lawyer for the six-time Grand Slam champion pleaded with a Bankruptcy Court registrar in London for a last…
Tennis champion Boris Becker has been declared bankrupt – by a court official who watched him play on Centre Court. Lawyers for the three-time Wimbledon winner pleaded with a Bankruptcy Court registrar in London on Wednesday for “a last chance” to pay a long-standing debt. But Miss Registrar Christine Derrett, who recalled watching him play,…
It is a good thing the RBI and the banks have started identifying big loan defaulters, to resolve these bad loans. True, the new bankruptcy code offers a finite window for the resolution of bad loans, far swifter than under the erstwhile Board for Industrial and Financial Reconstruction. However, it would be naïve to expect…
by Jonathan Rochford Why should poorly run companies be given more time to steal from their employees, taxpayers and trade creditors? Why should management and directors be allowed to gamble with other people’s money when they won’t put their own money into a failing venture? How is Australia being innovative by backing businesses with a…
AP Published 9:00 a.m. ET June 21, 2017 | Updated 2 hours ago FILE – This is a June 29, 2016, file photo showing Boris Becker at the Wimbledon Tennis Championships in London. Becker has been declared bankrupt by a British court after he failed to pay a long-standing debt. (AP Photo/Ben Curtis, FIle)(Photo: The…