Gail Porter declared bankrupt after failing to cope with big debts: ‘It’s another devastating blow’ – Mirror.co.uk

Last year, Gail Porter underwent life-changing breast reduction surgery and admitted she felt better than ever. It looked like things were on the up for the former Top Of The Pops presenter, after difficult years battling depression. But now, the 45 year old has been declared bankrupt after failing to pay her debts. Read More…

Builton fails, administrator appointed – Business News

One of states biggest residential construction firms, Builton, has succumbed to the financial stresses engulfing the sector, appointing external administrators earlier today after reports of the companys financial troubles emerged last week. Cor Cordis partners Dino Travaglini and Jeremy Nipps were named as administrators to Builton‘s parent Builtoncorp Pty Ltd, as well as four other…

RBI to set up corporation for insolvency resolution in the financial sector – Livemint

Mumbai: The central bank is working on setting up a financial sector resolution corporation, said N.S. Vishwanathan, deputy governor, Reserve Bank of India (RBI). We have discussed with the government the shape this corporation will take. Its purpose is to not only provide insurance to financial companies but also to provide resolution, Vishwanathan said at…

Early promise runs aground – Armidale Express

November 1858. The Austro-Hungarian Imperial Navy frigate SMS Novara visits Sydney as part of a two-year, round-the-world scientific expedition intended to advance science while promoting Austro-Hungarian prestige. On board was the Austrian economist and ethnologist Karl Scherzer. During the ships brief stay, Scherzer made the acquaintance of Wilhelm Kirchner, being entertained at the Kirchner home…