EY-Parthenon teams were appointed as insolvency administrators in March 2021. From the start, a unique aspect to this engagement was the media attention. Given the size and impact of this bankruptcy, this was a hurdle both Abengoa and EY-Parthenon had to overcome and engage with regularly throughout the process. Loan requests Initially, the EY-Parthenon teams…
TAMPA, Fla. More than 100 local senior citizens are scrambling to find new homes after their senior living facility declared bankruptcy. The ABC Action News I-Team has uncovered financial troubles at the facility date back years and some of the residents being kicked out invested hundreds of thousands of dollars. Im pretty upset about it…
A disgraced former horse trainer gambled more than $2 million before filing for bankruptcy and collecting almost $10,000 in Government-backed wage subsidies. Today, former harness trainer Mitchell Paul Kerr was sentenced in Christchurch District Court after his conviction for providing misleading statements and hiding crucial information from the Official Assignee of New Zealand when he applied for self-adjudicated bankruptcy.…
Former Premier League footballer and international manager disqualified as director for three-and-a-half years John Barnes has been banned as a company director after his company did not pay tens of thousands of pounds in both VAT and corporation tax Insolvency Service investigations began after his John Barnes Media Limited company went into liquidation in 2023 …
Mitchell Kerr is back on home detention after his latest bout of offending. A disgraced former horse trainer gambled more than $2 million before filing for bankruptcy and collecting almost $10,000 in Government-backed wage subsidies. Today, former harness trainer Mitchell Paul Kerr was sentenced in Christchurch District Court after his conviction for providing misleading statements…
The troubled Australian electric vehicle fast charging company Tritium is facing financial collapse after its directors declared it to be insolvent, calling in voluntary administrators while its lenders also appointed a receiver to take control of the assets and seek buyers. In a statement issued overnight to the Nasdaq stock exchange in New York, where…
Former glamour model Katie Price has been declared bankrupt for a second time over an unpaid tax bill of more than 750,000. Ms Price, who was previously declared bankrupt in 2019, owes 761,994.05 to HM Revenue and Customs (HMRC), a court was told on Monday. At a short hearing at London’s Rolls Building, Insolvency and…
Tritium, an Australian high-speed EV-charging equipment manufacturer with a large-scale factory in Tennessee, notified regulators on Thursday that it was insolvent, casting uncertainty over whether it can continue to fulfill remaining orders for chargers or service those that its customers have already installed. In a Thursday filing with the U.S. Securities and Exchange Commission, Tritium DCFC Ltd.,…
Last week, the Australian Securities and Investments Commission (ASIC) released its latest insolvency data, covering the period from 1 July 2023 to 31 March 2024. The data showed a rise in the number of Australian companies that failed within the nine-month period of data collection. During this nine-month period, Australian financial regulators reported a 36…
The High Court has approved a Personal Insolvency Arrangement allowing a Co Meath couple to write off over 2.65m of debt owed to mainly financial funds. Under the terms of the arrangement Thomas and Valerie Johnson will be able to retain their family home at Liscannor Lodge, Drumree Road, Dunshaughlin in Co Meath. The couple’s…