A bankrupt Melbourne migration lawyer who moved to Romania while owing the ATO $4.7 million has been fined by the Federal Court as he attempts to appeal an earlier decision against him. Already have an account? Sign in below: Justice Michael OBryan ordered Florin Burhala to pay $55,840 into the court as security as he…
In summary Two of the three troubled California hospitals are especially vital to their communities because theyre the only emergency providers in their rural counties. Health care chains could keep them afloat. Three California hospitals that declared bankruptcy earlier this year are hashing out deals that could bring back or save much-needed health care services…
Katie Price is at the end of her tether when it comes to her court appearances (Picture: Hoda Davaine/Dave Benett/Getty Images) Katie Price has shared her despair over the numerous court dates she has been faced with over her debt repayment after being declared bankrupt in 2019. A judge confirmed last month that the former…
Small business directors who confess their late tax statements under the failure to lodge penalty amnesty program may not be spared from other Australian Taxation Office crackdowns, including the use of lockdown director penalty notices, a leading restructuring expert has warned. Announced in the 2023-2024 federal budget, the new Australian Taxation Office (ATO) amnesty allows…
Insolvencies will surge over the next few months as economic pressures combine with increasingly aggressive debt collection by the ATO and big 4 banks, Insolvency Australia says. Director Gareth Gammon said there had been a significant increase in winding-up applications and ATO-initiated court recoveries, particularly in the second half of FY23. Over the past year…
Statistics on new company insolvencies in England and Wales, and related statistics for Scotland and Northern Ireland Get emails about this page Documents Commentary – Company Insolvency Statistics April to June 2023 HTML Infographic – Company Insolvency Statistics April to June 2023 PDF, 277 KB, 1 page This file may not be suitable for users…
Company failures in England and Wales rose 27 per cent last month and by 51 per cent in Scotland as growing numbers of businesses succumbed to rising inflation and a stagnant economy. Corporate insolvencies in June hit 2,163, sharply up from 1,698 in the same month last year, according to Insolvency Service data. In total,…
The number of bankruptcies decreased in July after an increase in June, Statistics Netherlands (CBS) reported. The number of bankruptcies showed a monthly decrease for the first time in three months. Annually, however, the number of bankruptcies has been higher for 15 months in a row than in the same months a year earlier. According…
11/08/2023 15:00 CBS / Nikki van Toorn Statistics Netherlands (CBS) reports that, adjusted for the number of court session days, there were 49 fewer bankruptcies in July 2023 than in the previous month; a decrease of 16 percent. Year on year, however, the number of bankruptcies has increased for 15 months in a row. “}),a?”map”==e.options.chart.type&&n?cbs.renderer.footNote=e.renderer.text(l,t,i,!0).css({fontSize:”7.5px”,fontFamily:v}).add():cbs.renderer.footNote=e.renderer.text(l,t,i+40,!0).css({width:e.chartWidth-t-cbs.renderer.itemMargin,fontSize:f,fontFamily:v}).add():cbs.renderer.footNote=e.renderer.text(l,t,i,!0).css({width:e.chartWidth-t-cbs.renderer.itemMargin}).add()}return…
The Chennai Bench of National Company Law Appellate Tribunal (NCLAT) has stayed the admission of corporate insolvency case brought by National Company Law Tribunal (NCLT) Bengaluru against the the coffee chain firm, Cafe Coffee Day (CCD) on Friday. The NCLT order against CCD has been put on hold until the next hearing of the appeal filed by…