Category Archives: Bankruptcy

Former Ireland rugby star Peter Clohessy declared bankrupt – Belfast Telegraph

By Alison Kershaw Published 16/02/2017 Share Former Ireland rugby star Peter Clohessy declared bankrupt BelfastTelegraph.co.uk Rugby legend Peter Clohessy has been declared bankrupt. http://www.belfasttelegraph.co.uk/news/northern-ireland/former-ireland-rugby-star-peter-clohessy-declared-bankrupt-35454517.html http://www.belfasttelegraph.co.uk/sport/rugby/article35455343.ece/ebf7f/AUTOCROP/h342/PANews%20BT_P-6649707f-5c3e-4363-8a27-b0eb30b07b5e_I1.jpg Rugby legend Peter Clohessy has been declared bankrupt Rugby legend Peter Clohessy has been declared bankrupt. The former Munster, Ireland and Lions player has had difficulties in the past with…

52 declare bankruptcy in Mackay over a grim three months – Mackay Daily Mercury

EIGHTY-SEVEN people from the Mackay Region has filed for bankruptcy or started personal insolvency activity in the December quarter of 2016. Of the 87, 52 filed for bankruptcy and 32 started a debt agreement and personal insolvency with debtors the new figures released by Australian Financial Security Authority. The dismal statistics show people are struggling…

Audacious and dogged, Bournemouth’s Eddie Howe has made a career out of defying the odds – The Independent

The way Eddie Howe made a career in professional football as a player and as a manager has been dependent on the manner hes gone about his business. Often described as obsessive, head-driven and ambitious, his inspiration to live by these qualities comes from the delight he takes in defying the odds. As a player,…

Company collapse: Fight on to avoid ‘massive disaster’ – The Queensland Times

SUBCONTRACTORS are banking on negotiations now under way to protect them from the worst of another major collapse in the Queensland construction industry. Bloomer Constructions Pty Ltd closed a number of building sites across Brisbane last week, ahead of what was expected to be an announcement Tuesday morning about the company’s fate. Instead, Wayne Bloomer,…

Company collapse: Fight on to avoid ‘massive disaster’ – Byron Shire News

SUBCONTRACTORS are banking on negotiations now under way to protect them from the worst of another major collapse in the Queensland construction industry. Bloomer Constructions Pty Ltd closed a number of building sites across Brisbane last week, ahead of what was expected to be an announcement Tuesday morning about the company’s fate. Instead, Wayne Bloomer,…

Restructuring shouldn’t be deemed a dirty word – Real Business

Depending on whether you are a cup half full or a cup half empty kind of person, restructuring is either seen as an evil necessity or an opportunity to create successful business infrastructure. I speak from experience, and I am certainly of the cup half full camp. Having acquired a logistics business in 2013, one…

The Sub-Contractor Scam: ‘Certified Fraud’ – Sourceable

But in this industry, all small business owners are routinely subjected to lead contractors refusing to pay, the unpaid debt now totalling $20 billion annually! By its very definition this is fraudulent. Under Australian law its definitively illegal. And its also criminal. Small business is the construction industry! Sub-contractors are small business, and by far…

Company collapse: Boss goes to Vegas, staff lose thousands – Caboolture News

EX-STAFF of a prominent Mooloolaba restaurant will only receive about 13 cents for every dollar of superannuation they’re owed by former boss Todd Young. Mr Young hit Las Vegas with his partner just days after winding up Todd Young Investments Pty Ltd on December 29, 2015. His company operated Bella Venezia restaurant at Mooloolaba through…

Five years on from Rangers going into administration the repercussions are still being felt today – Herald Scotland

FIVE years ago today, Rangers went into administration. They have yet to fully recover. That the Ibrox club was on the brink of financial insolvency had been doing the rounds in and around Glasgow for months. For once, however, there was something concrete amid the radio phone-in speculation and taxi driver gossip. On Tuesday February…

MPs demand clampdown on private companies to prevent another BHS – Belfast Telegraph

Sir Philip Green has faced questions in parliament over his role in the collapse of BHS Private and publicly listed companies should face the same level of scrutiny, according to MPs demanding sweeping reforms to corporate governance following the collapse of BHS. The work and pensions committee said the Government could prevent another corporate crisis…