On Feb. 11, German Pellets GmbH announced a German court has appointed a provisional insolvency administrator with regard to insolvency proceedings that have been initiated against the assets of the company. A statement issued by German Pellets indicates the insolvency court in Schwerin, Germany, has appointed Bettina Schmudde, a lawyer with the firm Kanzlei White…
A property developer who used the gravestones of children to pave his patio has been declared bankrupt . Kim Davies, 61, fought a costly three-year legal battle after he was accused of vandalising the house that inspired All Things Bright and Beautiful. He was fined £60,000 after admitting planning offences last year and was ordered…
Forge in court win The receivers for collapsed engineering Forge Group have won a circa $50 million court victory in a dispute over the ownership of four gas turbines. The NSW Supreme Court yesterday ruled in favour of Forge Group Power and against General Electric and APR Energy in the biggest award since new personal…
A court has overturned the refusal of a bank to agree to an insolvency deal for a Co Monaghan couple. The development means the original proposal of a 50% write-down of mortgage debt, or a 150,000 reduction in the loan on the family’s home, will now proceed. This is the first time a court has…
Shares in Italian banks have plunged again, making Milans FTSEMib blue index the worst loser in Europe, even as prime minister Matteo Renzi made his latest attempt to shore up confidence in the battered sector passing a bill to reform governance of 4,000 cooperative banks and offer state guarantees for bad loans. Shares in UniCredit,…
(ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on Thursday declared the ‘old’ Banca Etruria insolvent, upholding a request by bank commissioner Giuseppe Santoni. The court instead rejected an objection that last year’s Banca Etruria rescue was unconstitutional, filed by defence lawyers for the bank’s last president, Lorenzo Rosi. The legal documents will now…
(see previous) (ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on Thursday declared the ‘old’ Banca Etruria insolvent, upholding a request by bank commissioner Giuseppe Santoni. The court instead rejected an objection that last year’s Banca Etruria bail-in was unconstitutional, filed by defence lawyers for the bank’s last president, Lorenzo Rosi. The legal documents…
(see previous) (ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on Thursday declared the ‘old’ Banca Etruria insolvent, upholding a request by bank commissioner Giuseppe Santoni. The court instead rejected an objection that last year’s Banca Etruria bail-in was unconstitutional, filed by defence lawyers for the bank’s last president, Lorenzo Rosi. The legal documents…
Kim Davies was found guilty of using childrens gravestones to decore the walls and patio of Llanwenarth House last year (Picture: Dimitris Legakis/Athena Pictures) A millionaire property developer who used childrens gravestones to pave the drive of a historic mansion has been declared bankrupt. Kim Davies, 61, was declared bankrupt after fighting a costly three-year legal battle with…
A mother who was declared bankrupt after falling behind with her daughter’s private school fees will now lose her country home following a series of family tragedies. Maxine Turner-Hankinson, 47, who used to live in a £1.6million Barbados villa, permanently moved into a cottage in the grounds of a Regency mansion in Derbyshire in 2009.…