NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) is expected to finalise crucial amendments to regulations – from those seeking to make life simpler for home buyers to those for personal and companies’ insolvency proceedings, insolvency professionals and liquidation – next month as it seeks to improve the seven-year-old regime and improve its…
A unit of <-bsp-bb-link state=”{“bbHref”:”bbg://securities/8133156Z%20AV%20Equity”,”_id”:”0000018c-02a7-de26-a7ec-3eb749850000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Signa Prime Selection AG</-bsp-bb-link> filed for insolvency in a Berlin court on Friday, Der Spiegel said, indicating efforts to save the sprawling property and retail conglomerate are faltering. Signa Real Estate Management Germany GmbH couldnt meet its payment obligations, the German magazine said, citing a request submitted by the company. The…
A FORMER West Ham captain who once had a Ferrari on his drive now lives in a rented flat – and almost went to jail over his bankruptcy. Lucas Neill used to earn 40,000 a week as the Hammers’ skipper between 2007 and 2009. Lucas Neill captained West Ham from 2007 and 2009Credit: News Group…
Beijing Chinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified “alleged offenses,” adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent Wednesday with…
Shelley Banton, head of education for ASF Audits, said the Australian Taxation Office (ATO) had disqualified a record number of SMSF trustees in the past 12 months for not being a fit and proper person, and advisers should be aware of the five main reasons for this occurring. The ATO has certainly ramped up action…
The former Magnolia Group director infamous for his spat with ASX-listed The Agency has been placed under a 10-year ban from providing financial services. The Australian Securities and Investments Commission (ASIC) has recently disqualified money manager Mitchell Atkins from managing any corporations for the next five years. Mr Atkins has also been banned from providing…
BEIJING – Chinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified “alleged offences”, adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent on Wednesday…
Former Socceroos captain Lucas Neill has broken his silence after being acquitted of a charge related to his bankruptcy. In 2016, Neill was declared bankrupt in the United Kingdom after reports of a number of failed investments, despite earning millions from his football career which spanned from England, Turkey, United Arab Emirates, Australia and Japan.…
Chinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified alleged offences, adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent on Wednesday with its…
Chinese police have opened an investigation into Zhongzhi Enterprise Group after the debt-ridden financial giant declared itself insolvent. Police in Beijing, where the group is headquartered, said late Saturday they had opened an investigation into unspecified “alleged offences”, adding that they had taken measures against several suspects. Zhongzhi declared itself insolvent on Wednesday with its…