share this article Share this article (The Jakarta Post) PREMIUM Jakarta Fri, June 25 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major options in negotiations…
STADIO ENNIO TARDINI, PARMA, ITALY – 2020/12/19: Gianluigi Buffon of Juventus FC looks on during … [+] warm up prior to the Serie A football match between Parma Calcio and Juventus FC. Juventus FC won 4-0 over Parma Calcio. (Photo by Nicol Campo/LightRocket via Getty Images) LightRocket via Getty Images Age is just a number…
share this article Share this article Vincent Fabian Thomas (The Jakarta Post) PREMIUM Jakarta Thu, June 24, 2021 National flag carrier Garuda Indonesia is leaning toward two options to extricate itself from a debt crisis without placing additional burden on government finances. Garuda president director Irfan Setiaputra said the airline’s board was considering four major…
The government liquidator dealing with the fallout from the collapse of outsourcing firm Carillion is expected to make a claim for 250m against KPMG, the accounting firm that signed off on the former FTSE100 companys accounts. Lawyers for the official receiver, part of the governments Insolvency Service, have sent a letter before action to KPMG,…
A group of faculty and students formed to protest the cuts at Laurentian University says its lobbying has paid off. In a cabinet shuffle last week, SaultMPP Ross Romano who was the Minister of Colleges and Universities was moved to the Government and Consumer Services portfolio.Jill Dunlop, Simcoe-North MPP, takes over Colleges and Universities. Since…
Wed, 23rd Jun 2021 Litigation funder Manolete booked a 26% drop in annual profit, citing a UK government move to suppress insolvencies, drop in the value of in-process cases and higher staff costs. Manolete also announced the departure of chairman Peter Bertram, who would be replaced by senior director Howard Leigh after its annual general…
Raashid Khan (26) has been disqualified as a director for 12 years after fraudulently claiming 50,000 through the Bounce Back Loan Scheme (BBLS) before transferring the full amount out of the companys account to himself just days before his company went into administration. Khan, from Birmingham, was director of Ikandy Wholesale Ltd, which bought and…
{{featured_button_text}} CHARLESTON A 10-year-old girl was rescued Sunday from the Embarras River after her kayak had capsized. According to a news release from the Lincoln Fire Protection District, emergency crews were dispatched to County Road 420 North in Coles County around 11:05 a.m. after learning that a girl was stranded on a log in the…
One of the most contentious resolutions under the Insolvency and Bankruptcy Code (IBC) is that of Dewan Housing Finance, a case that involved one of the largest declared loot by a promoter right under the gaze of the bankers, auditors, credit rating agencies and a so-called board of directors. The RBI, which had failed to…
A waste dump that became so choked withrubbish it was declared a “catastrophic fire risk”is now halfway to being cleared as tough new “waste crime” laws give authoritiesextra powers. Key points: The site inGeelong has frustrated authorities and prompted emergency plans for a nearby school Too much asbestos was found in the waste for any…