SmartCity had ‘solvency concerns’ six months ago – Chinchilla News

BREAKING: Smartcity Vocational College accountants met with liquidators six months before the college’s administrative arm, SC Admin Pty Ltd, went bust. The report to creditors distributed to former SC Admin staff and creditors by Worrells Solvency and Forensic Accountants yesterday showed SmartCity accountants and lawyers met with Worrells on June 1 to discuss “solvency concerns…

Appeal court names valid NBU’s decision to declare bank Financial Initiative insolvent – Interfax

2016-12-21T12:31+02:00 12:31 21.12.2016 Kyiv’s court of appeals has satisfied a counterclaim of the National Bank of Ukraine (NBU) against a ruling of the court of a lower instance that declared invalid the regulator’s resolution placing bank Financial Initiative to the list of insolvent banks, the regulator has reported on its website. NBU Governor Valeriya Gontareva…

SmartCity had ‘solvency concerns’ six months ago – Toowoomba Chronicle

BREAKING: Smartcity Vocational College accountants met with liquidators six months before the college’s administrative arm, SC Admin Pty Ltd, went bust. The report to creditors distributed to former SC Admin staff and creditors by Worrells Solvency and Forensic Accountants yesterday showed SmartCity accountants and lawyers met with Worrells on June 1 to discuss “solvency concerns…

SmartCity had ‘solvency concerns’ six months ago – Rockhampton Morning Bulletin

BREAKING: Smartcity Vocational College accountants met with liquidators six months before the college’s administrative arm, SC Admin Pty Ltd, went bust. The report to creditors distributed to former SC Admin staff and creditors by Worrells Solvency and Forensic Accountants yesterday showed SmartCity accountants and lawyers met with Worrells on June 1 to discuss “solvency concerns…

Duties of a director in the insolvency vicinity – Guardian

CBN Governor, Godwin Emefiele English decisions suggest that the duties are owed for the benefit of creditors: HLC Environmental Projects Ltd v Carvalho (2014) BCC 337, 362; Colin Gwyer & Associates Ltd v London Wharf Ltd (2003) BCC 885, 906 [74]; West Mercia Safetywear Ltd v Dodd (1988) BCLC 250 at 253;Brady & Anor v Brady & Anor (1987) 3 BCC 535, 552. In contrast, Australian authorities such as Walker v Wimborne (1976) 137 CLR 1 and Bell Group Ltd v Westpac Banking Corp (2012) WASCA 157 and leading judicial authorities in New Zealand such…