Bus Éireann may sell assets including property to part fund a voluntary redundancy scheme for staff as part of a revised survival plan for the company. Bus Éireann believes the board of its overall parent holding group, CIÉ, will provide it with additional funding in the short term if it produces a viable plan to…
Action SA: * Court in Cracow announces insolvency of the company’s unit SFK Sp. z o.o. Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Technology ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1…
A wheel relief NBRU’s General Secretary Dermot OLeary said ‘in deference to the Workplace Relations Commission’ the work stoppage is now halted AN all-out strike at Bus Eireann due to kick off on Monday has been called off. The NBRU have accepted invitation to talks on the transport companys financial crisis. A Bus Eireann strike…
Published March 3. Updated March 3 at 11:45 am A man passes by the National Bank of Ukraine in Kyiv on Dec. 7, 2016. Photo by Volodymyr Petrov Popular on social media The National Bank of Ukraine (NBU) on March 3 declared Vector Bank (Kyiv) insolvent, the central bank has reported on its website. Decision…
NORTHERN Rivers residents are starting to pay off their debts as new figures revealed less people declared bankruptcy in 2016. The latest figures from the Australian Financial Services Authority showed 35 bankrupt debtors including nine business-related and 26 non-business related insolvencies in the December quarter. Over the whole year 158 people declared bankruptcy compared with…
Published on Wed, Nov 04,2015 | 23:06, Updated at Wed, Nov 04 at 23:06Source : Moneycontrol.com Following is the Summary of the Recommendations of the Bankruptcy Law Reforms Committee (BLRC) The Report of the BLRC is in two parts:i. Rationale and Design/Recommendations;ii. A comprehensive draft Insolvency and Bankruptcy Bill covering all entities. The draft Bill…
Milton Acosta, 73, of West Babylon, worked for companies that paid into the Road Carriers Local 707 Welfare & Pension Funds, on May 20, 2016, in West Babylon. (Credit: Heather Walsh) A federal agency has declared a Hempstead-based union pension fund insolvent, a move that has resulted in additional benefit cuts for the plans nearly…
Avoid the risk that your gift voucher becomes worthless if a retailer goes into insolvency A radical new way to gift money, free from the risk of retailer insolvency, has been launched in the UK. LoveFromMe is a personalised gift card scheme which can be redeemed anywhere in the World that accepts MasterCard. Thish De…
A MARRIED couple who run The Convent have been accused of not paying performers on time, have had dozens of now dissolved or liquidated companies under different names and have both been declared bankrupt, it has emerged. Last year the SNJ reported on claims from former employees at the music venue, boutique hotel and private…
Although there is a provision in the section 233 of the Code that no suit, prosecution or other legal proceeding shall lie against the insolvency professional, liquidator and other officials of IBBI for anything which is done in good faith under the Code, professionals feel that it is too hard to prove that a particular…