Infarm entered Administration back in October 2023, getting into a legal process being managed by licensed insolvency practitioners known as administrators. These lawyers are appointed to protect Infarm’s interests, attempting to help the company survive or create the best outcome if liquidation becomes a feasible option. Yet, what has happened in the past five months?…
Adam Kirkbride was sentenced to four years in prison when he appeared at Newcastle Crown Court. Kirkbride, of Keswick, was also further banned as a director until April 2036. The 32-year-old abused his position while acting in the management of a company by siphoning off 60,000 that had been invested by a pensioner into his…
Katie Price has revealed her plans for more plastic surgery in order to achieve her dream body goals despite recently being declared bankrupt for the second time. The former glamour model was declared bankrupt for the second time last month due to an unpaid tax bill of over 750,000. But the mum of five has…
Boris Becker will be discharged from bankruptcy in Britain after agreeing a settlement over his debts. The six-time Grand Slam champion was declared bankrupt in 2017 with debts of around 50 million. Becker was sentenced to two-and-a-half years in prison in April 2022 after being found guilty of four charges under the Insolvency Act. He…
Katie Price could be arrested and sent to prison if she keeps missing bankruptcy hearings, a court has heard. The former glamour model was declared bankrupt in November 2019 and again this March over an unpaid tax bill. She missed that hearing because she was “dealing with serious stuff”. On Friday, the 45-year-old did not…
Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Katie Price could be arrested if she continues to miss hearings over her bankruptcy without a reasonable excuse, the High Court has been told. The former glamour model had been due to face…
LONDON (Reuters) – Company insolvencies in England and Wales fell sharply in March and recorded their lowest calendar-quarter total since the third quarter of 2022, official figures showed on Friday. The Insolvency Service, a government agency, said 1,815 companies were declared insolvent in March on a seasonally adjusted basis, down from 2,177 in February and…
By Richard Percival Published: 20:30 AEST, 26 April 2024 | Updated: 20:54 AEST, 26 April 2024 Katie Price is the threat of arrest by police after failing to attend a court hearing over her bankruptcy. The former glamour model, 45, has been declared bankrupt for a second time aft… Read the full article at: https://www.dailymail.co.uk/news/article-13353615/katie-price-faces-arrest-threat-dodging-high-court-hearing-bankruptcy.html
This is one of the most high-profile insolvency cases since the Supreme Court judgement on personal guarantors under the Insolvency and Bankruptcy Code (IBC) in November 2023. It has implications for Reliance ADA Group chairman Anil Ambani, Videocon chairman Venugopal Dhoot, and Bhushan Power and Steel promoter Sanjay Singal, who also face personal-insolvency proceedings. Mint…
Boris Becker has agreed a settlement over his debts that will result in the former Wimbledon champion being discharged from a bankruptcy order. The German tennis star and former BBC television commentator, 56, was declared bankrupt in 2017 with debts of 50 million. Becker, a six-time Grand Slam winner, who first triumphed at Wimbledon in…