Katie Price was declared bankrupt (Aaron Chown/PA) (PA Wire) Katie Price is to face questioning over her finances in court, a judge has said. The former glamour model was declared bankrupt in November 2019 and is facing further proceedings. During a short hearing at a specialist insolvency and companies court on Friday where Ms Price…
Katie Price is set to be questioned in court over her finances after declaring bankruptcy four years ago (Picture: Hogan Media Ltd/Shutterstock) Katie Price is to face questioning in court over her finances. A judge confirmed on Friday that the former glamour model would be questioned on the subject, after she first declared bankruptcy in…
In a recent case involving PT Garuda, the national airline of Indonesia, the New South Wales Court of Appeal dismissed an appeal by two creditors seeking to wind-up the airline, concluding that PT Garuda enjoyed immunity under the Foreign States Immunities Act 1985 (Cth). Key takeaways Foreign companies that are separate entities of a foreign…
Taylor Swift signed onto a lucrative touring partnership with FTX before its collapse, but FTX pulled out of the arrangement, according to a person familiar with the discussions. Had the deal materialized, the “Bad Blood” singer might have joined a legion of celebrities who endorsed cryptocurrency products in recent years and now face vanished paydays…
Supplied Karen’s Diner marketed itself on its deliberately bad service and rude staff. (File photo) The company behind Karens Diner in New Zealand has gone into liquidation, a month after its Australian parent met the same fate. Bryan Williams of BWA Insolvency was appointed liquidator of Viral Ventures NZ on Tuesday. Viral Ventures opened New…
CNN Taylor Swift signed onto a lucrative touring partnership with FTX before its collapse, but FTX pulled out of the arrangement, according to a person familiar with the discussions. Had the deal materialized, the Bad Blood singer might have joined a legion of celebrities who endorsed cryptocurrency products in recent years and now face…
At least two companies have expressed interest in the assets of Vantage Travel, the Boston-based river and ocean cruise company that declared bankruptcy last week. Vantage Travel Services said last week that United Travel Pte. Ltd., an affiliate of Nordic Hamburg and Heritage Expeditions, had agreed to acquire its assets. This week, Australian operator Aurora…
The Chinese electric car start-up Byton, once launched with great ambitions, is going bankrupt. One may be tempted to say finally since the danger of going out of business was on the horizon for nearly two years. Yet, we look back at what could have been a great story as well. The news of a…
Several mechanisms of enforcement are in place to allow commercial landlords to recover rent arrears from a commercial tenant. Often these are based in the contract and governed by the terms of the specific lease (forfeiture or damages for breach of contract). Some are found in statute such as the Commercial Rent Arrears Recovery (CRAR)…
Canberrans will soon be putting their shopping into fabric or paper bags, with heavyweight plastic bags set to be banned in the ACT from 2024. Photo: Chris Steel MLA Facebook. Several more single-use plastic items have disappeared from Canberra with the third phase of bans coming into effect. The sale, supply and distribution of plastic…