Councils declaring bankruptcy Since 2018 8 council have declared bankruptcy including 4 in the past 15 months which are, Woking, Nottingham, Birmingham and Thurrock. Almost 1 in 10 councils in England have warned that they will go bankrupt in the next 12 months due to financial trouble. A survey based on 160 responses from 128…
Tennis legend Boris Becker has been discharged from bankruptcy court in London after a judge found the German had done “all that he reasonably could do” to repay creditors tens of millions of pounds. Becker fell far short of repaying his creditors in full, but Chief Insolvency and Companies Court Judge Nicholas Briggs said on…
German tennis star and coach Boris Becker has been discharged from bankruptcy thanks to a successful appeal to an insolvency court. The six-time Grand Slam champion was declared bankrupt in 2017 with total debts of around 50 million. The court would sentence Becker to jail time after he was found to have hidden assets from…
Hard-up Katie Price has come up with a new plan to get the money rolling in – flogging personalised messaged to fans for an eye-watering amount. The mum-of-five was declared bankrupt for a second time earlier this year over an unpaid six-figure tax bill The former glamour model, who was also announced as insolvent in…
LONDON — German tennis legend Boris Becker was discharged from bankruptcy court in London after a judge found Wednesday he had done all that he reasonably could do to repay creditors tens of millions of pounds. Becker fell far short of repaying his creditors nearly 50 million pounds ($62.5 million) he owed, but Chief Insolvency…
By Megan Howe Published: 00:05 AEST, 2 May 2024 | Updated: 00:52 AEST, 2 May 2024 Three-time Wimbledon champion Boris Becker is no longer bankrupt after seven years, as a High Court judge said he had done ‘all that he could reasonably do’ to meet his financial obligations. The… Read the full article at: https://www.dailymail.co.uk/news/article-13370937/Wimbledon-legend-Boris-Becker-no-longer-bankrupt-High-Court.html
Everton are calling in a leading firm of restructuring and insolvency advisers, the Guardian understands, raising further questions about the proposed takeover of the Premier League club by 777 Partners. The move comes as the club are believed to still be waiting for a further 15m of loans that 777 had pledged to provide Everton…
Kampala, Uganda | THE INDEPENDENT | Jomayi Property Consultants Ltd, once Ugandas most prominent real estate company, has been sent into liquidation after being declared insolvent. The order to wind up comes after NC Bank failed to recover sh868,250,000 from Jomayi and petitioned the court to declare the company insolvent and unable to pay its…
YOGYAKARTA – In the course of a business, there are many challenges that need to be faced to be able to progress or develop. If the business cannot survive the existing challenges, the company may go bankrupt or fail. There is a company procedure declared official bankruptcy or according to the Law (UU). However, companies…
Multistate cannabis company MedMen leaves the industry by filing bankruptcy proceedings in Canada with about $411 million in liabilities. MedMen announced on April 26 that it filed for bankruptcy under Canadas Bankruptcy and Insolvency Act on April 24. The business advisory firm B. Riley Farber Inc. was appointed as the companys bankruptcy trustee. The company…