The founder and former trustees of the collapsed charity Kids Company could be banned from holding company directorships. The youth organisation folded amid a storm of controversy in August 2015 just days after receiving a £3 million Government grant in a final bid to keep it afloat. Kids Company received more than £42 million of…
CHATTANOOGA, Tenn.–(BUSINESS WIRE)– Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016. Net income includes net after-tax realized investment gains and losses on the…
CHATTANOOGA, Tenn.–(BUSINESS WIRE)–Unum Group (NYSE: UNM) today reported net income of $229.9 million ($1.00 per diluted common share) for the first quarter of 2017, compared to net income of $210.6 million ($0.88 per diluted common share) for the first quarter of 2016. Net income includes net after-tax realized investment gains and losses on the Companys…
Greeces prime minister held out for a commitment from lenders to debt relief on Tuesday (25 April), and said he was confident new talks in Athens over a long-stalled bailout review would reach a deal by a 22 May target. Talks over reforms in the energy and labour market and pension cuts and income tax…
Corporate insolvency in Scotland fell seven per cent last year though there was an 18 per cent rise in personal insolvencies, official figures show. The latest fourth quarter figures from the Accountant in Bankruptcy (AiB), covering the fourth quarter to the end of March, show 840 Scottish registered companies went bust in the year, down…
Transline, the temporary employment agency that became embroiled in the Sports Direct scandal, has submitted court documents preparing the company for insolvency. The Guardian understands that the business has filed a notice of intention of appointing administrators at a court in Leeds, and has sounded out the accountancy firm Deloitte as a potential administrator. The…
The former parliamentarian was placed on the wanted list for fraud amounting to more than 2 billion rubles ($35m). The Sovetsky District Court in Volgograd ruled on in absentia arrest of the former State Duma deputy from the party Spravedlivaya Rossiya Oleg Mikheev. Earlier, the ex-parliamentarian was placed on the federal wanted list for…
Alitalia will start insolvency proceedings after workers rejected its latest rescue plan, making it impossible for the loss-making Italian airline to secure funds to keep its aircraft in the air. Workers on Monday rejected a plan to cut jobs and salaries, betting the government will be asked to call in an administrator to draft an…
The former trustees of Kids Company have said that they would vigorously defend any attempt to disqualify them from acting as company directors in the future, following media reports that the Insolvency Service was considering action. Yesterday Sky News said it had learned that lawyers for the governments Insolvency Service had written to former trustees,…
Published April 25 at 7:23 pm The traffic passes by the National Bank of Ukraine (NBU) headquarters in Kyiv. Photo by Kostyantyn Chernichkin Popular on social media Diamantbank (Kyiv) that was declared insolvent a day before on April 25 reported that the bank saw profit in January-March after four quarters of seeing losses. According to…