A bankrupt Mt Roskill man has been accused of concealing hundreds of thousands of dollars worth of gold bars and cash from authorities. Sushil Kumar Sharma is also charged with fraudulently removing property and allegedly transferred four vehicles (including a Jeep Wrangler) to an associate and a trustee company. The 58-year-old, who appeared in the…
Women were more likely than men to see their finances deteriorate so badly that they became insolvent last year, official figures show. Continuing a trend that started in 2014, the personal insolvency rate for women across England and Wales was higher in 2015 than it was for men, according to the Insolvency Service. The personal…
By Press Association Published: 00:57 EST, 15 July 2016 | Updated: 00:57 EST, 15 July 2016 Women were more likely than men to see their finances deteriorate so badly that they became insolvent last year, official figures show. Continuing a trend that started in 2014, the personal insolvency rate for women across England and Wales…
The personal insolvency rate per 10,000 adults was 18.2 for women in 2015, while for men the rate was 16.9 Women were more likely than men to see their finances deteriorate so badly that they became insolvent last year, official figures show. Continuing a trend that started in 2014, the personal insolvency rate for women…
The United Nations Convention on the Law of the Sea says that ships have the nationality of their flag state, and that ships are subject exclusively to the flag states jurisdiction on the high seas. The flag state also has a duty to assume jurisdiction over the ship, its officers and crew. However, the European…
18:41 13 July 2016 Sabah Meddings An oil rig in the North Sea. Pic: Danny Lawson/PA Wireure Insolvency experts have warned of the widening impact of the enduring oil and gas downturn on the region. It com… Read the full article at: http://www.edp24.co.uk/business/insolvency_experts_warn_of_ripple_effect_of_oil_and_gas_downturn_as_companies_stop_trading_1_4614604
THE iconic Eimeo Pacific Hotel is for sale and goes to auction in two weeks. Known locally and around the country as the pub with the best ocean views in Mackay, the long-term family-owned hotel will be auctioned on Friday, July 29. The Pacific Hotel at Eimeo, which was rebuilt by the licensee Mrs L.…
Personal insolvencies have risen for the first time since the GFC, according to data released by the Australian Financial Security Authority. Personal insolvencies jumped by 4.4 per cent in the last year, the first increase reported since the 2009 financial year. The big resources states Western Australia and Queensland were the main contributors,…
Newly set up Bulgarian co buys insolvent electric motor plant Elma for 1.1 mln euro Kritchanut/Shutterstock.com SOFIA (Bulgaria), July 13 (SeeNews) – A recently-registered Bulgarian real estate company, Solid-85, has won an auction for the sale of insolvent electric motor plant Elma, offering to pay 2.15 million levs ($1.2 million/1.1 million euro) for its assets,…
Dick Smith administrator Joseph Hayes from McGrathNicol. David Rowe There is nothing like a clinical post mortem to lift the corporate veil and reveal the desperate actions taken by a company sliding rapidly towards insolvency. Chanticleer can thank the administrator of Dick Smith Holdings, Joe Hayes from McGrathNicol, for a particularly well written case study…