Bus Éireann’s Acting Chief Executive Ray Hernan has told staff that the threat of insolvency within the next 18 months is very real, but that the loss-making Expressway service will continue to be a part of the organisation. A report commissioned by Grant Thornton had recommended that Expressway be shut down, which could result in…
Independent senator Rod Culleton has lost his spot in the Senate after he was declared bankrupt by a Federal Court judge. Senate president Stephen Parry has informed Mr Culleton and WA governor Kerry Sanderson there is a vacancy because the former One Nation member has been disqualified from the position as he is an “undischarged…
2017-01-11T11:37+02:00 11:37 11.01.2017 The Board of the National Bank of Ukraine (NBU) on January 10 issued decision No. 14-rsh/BT on placing the PJSC Platinum Bank (Kyiv) on the list of insolvent banks, the NBU said in a statement on its website on Wednesday. “As of January 1, 2017, the bank did not reach the positive…
Nathan Saunders had tried to kill himself three times before he was hit by train 20-year-old with five siblings worked in O2 shop and was a ‘bit of a party animal’ But he also had a history of gambling debts and was fatally struck last August Cheshire Coroner ruled he died from multiple injuries after taking…
The Board of the National Bank of Ukraine (NBU) on Jan. 10 issued decision No. 14-rsh/BT on placing the PJSC Platinum Bank (Kyiv) on the list of insolvent banks, the NBU said in a statement on its website on Jan. 11. As of January 1, 2017, the bank did not reach the positive value of…
Former One Nation Senator Rod Culleton has been formally disaqualified from holding a senate seat. In a statement released on Wednesday, Senate President Stephen Parry confirmed there was now a senate vacancy. “Having received the necessary documentation of the facts from relevant officials, I have informed Senator Culleton and notified the Governor of Western Australia…
Care home operators, trade unions and charities have been telling Theresa May for months that the care home industry is in crisis and needs help. Last week, May got her sternest warning yet the chairs of three influential Commons committees urged the prime minister to deal with the immense challenge of paying for health and social care in the…
Independent senator Rod Culleton has lost his spot in the Senate after he was declared bankrupt by a Federal Court judge. Senate president Stephen Parry has informed Mr Culleton and WA Governor Kerry Sanderson that there is a vacancy because the former One Nation member has been disqualified from the position as he is an…
The sister of bankrupted former billionaire Nathan Tinkler is facing a similar fate after being accused of entering into uncommercial transactions and breaching her directors’ duties. Donna Dennis is alleged to have sold off furniture belonging to two Tinkler family companies for a little more than $100,000 despite being notified that the companies were insolvent…
State-owned bus company Bus Éireann’s financial situation has worsened, and without urgent reforms it could face insolvency within 18 months, according to informed sources. Late last year, Minister for Transport Shane Ross briefed his Cabinet colleagues and said the company was at crisis point, and could become insolvent within 24 months. However, the latest figures…