A prominent Dundee businessman whose firm collapsed with the loss of dozens of jobs has been declared bankrupt after running up debts of more than £500,000. Hermann Twickler, 47, was placed into full administration following an action by the Accountancy in Bankruptcy service. Mr Twickler, a German national, ran companies including PressureFab an offshore container…
Over a quarter of adults in the North East say the state of their personal or household finances is having a negative impact on their mental health and wellbeing. New research by insolvency and restructuring trade body R3 and ComRes found that 27% of adults living across the region selected money issues as a cause…
The disgraced Birmingham solicitor struck off after being found guilty of misconduct for his role in an Iraq war crimes inquiry that collapsed has been declared bankrupt. Phil Shiner, who headed up city-based Public Interest Lawyers Ltd, could not afford to pay for legal representation at a Solicitors Disciplinary Tribunal last month. The tribunal ordered…
ASFA is again lobbying the government to boost the ATOs budget by millions to fund audit work into unpaid super entitlements. More than half a million employees are affected by unpaid superannuation entitlements each year, according to a report released by the ASFA this week. A 2015 report found at least 690,000 Australians lost an…
As the awards scheme, sponsored by Capa, reaches the milestone of championing best practice for the past decade, entries are now open for nominations of those who deserve public recognition among their peers. After a successful rebrand in 2016, the awards scheme has retained its structure of celebrating the distinguished leaders demonstrating excellent practice and…
Wednesday, March 22, 2017 Romania’s Teamnet, which has been involved in a corruption scandal over contracts for IT services, has filed for insolvency on Monday, according to data posted on the justice ministry’s website quted by seenews.com. The IT company filed for insolvency at Prahova county court, data showed. “At this moment we are working…
By Chester Tay The multiplier effect from China-financed infrastructure projects will help keep Malaysia clear from the kind of debt crisis faced by Sri Lanka currently. At a seminar by Singaporean research organisation Institute of Southeast Asian Studies yesterday, Affin Hwang Capital senior associate director on equity research Loong Chee Wei said as Malaysia shows…
Australian politicians need to take affirmative action to avoid a worsening debt crisis, and assisting food and fibre producers would be a good place to start. Wakool Landholders Association chairman David May said it was frustrating and bewildering that our nation has a mounting debt problem, at the same time as it is strangling a…
The Jamaica Urban Transit Company (JUTC) has sought to explain the series of events relating to the granting of a petition to wind up its operations if it fails to pay off a $3.5 million debt to a St Catherine woman by the end of June. The petition was filed by Daniella Manning arising from…
Former Wallabies player Tony Daly has revealed he was sexually abused by a Marist brother when he was a 11-year-old schoolboy. (Getty) Former Australian rugby player Tony Daly has revealed he was abused as a boy by a Marist brother at one of Sydneys most prestigious schools. The former Wallabies front rower cried in court…