Vertzayias’ now-defunct property development outfit Globe Project Group had once sponsored the St George-Illawarra NRL team, and he was reportedly “close” to a number of rugby league identities. When Vertzayias declared himself bankrupt in 2012, it was believed among creditors owed $60 million was then Dragons’ coach Nathan Brown along with George Mimis, the manager…
A guest at the party said the unprofessional service had ruined the event. You rushed the service, your vegetarian paella was uncooked, the rice was still crunchy and it was just slopped into paper bowls, she said. A month later, the company failed to show up to a wedding celebration in Margaret River. The mother…
A wedding nightmare became reality when a caterer failed to show up at a reception in Western Australia. In another case, 60 guests at a 40th birthday party were left feeling peckish when staff from the same company arrived four hours late, undercooked food and switched items on the menu. The man celebrating his birthday…
A Nedlands catering company and its Director have been ordered by the Perth Magistrates Court to pay more than $20,000 in fines, costs and consumer compensation after failing to turn up at a wedding reception and botching a birthday celebration. Eat Street Enterprises Pty Ltd, trading as Ole Paella Catering, and sole Director Bradley John…
Discount retailer Century 21 announced on Sept. 10 it was filing for bankruptcy and would closeall 13 of stores, mostly in the northeastern US. The company blames its financial demise on its insurance, which didnt pay to insulate Century 21 from business interruptions caused by the coronavirus pandemic. Its far from the only retailer to…
Throughout the coronavirus crisis, CBS is providing weekly updates on the number of bankruptcies pronounced by Dutch courts. The weekly updates are normally released on Thursdays at 12.00 p.m. Not including sole proprietorships, there were 43 bankruptcies in week 37. This is 11 up on the previous week. In addition, 3 sole proprietorships were declared…
Supreme Court says Delhi High Court can take up issue on October 6 and state-owned lender can also seek removal or modification of stay order In a relief to Reliance Group Chairman Anil Ambani, the Supreme Court has dismissed State Bank of India’s plea seeking vacation of stay on personal insolvency and bankruptcy proceedings against…
The liquidation of Elite Insurance has left 60,000 private and professional clients in France without construction insurance as of September 15, 2020. French authorities have said claims not processed by this date are not eligible for compensation as contracts have ceased. The administration of Elite Insurance has been managed by PricewaterhouseCoopers, who confirmed in February…
Wednesday, September 16, 2020 As we discussed in ourprevious blog relating to the Supplier of Last Resort Process, energy company insolvencies bring with them a range of different processes and requirements which other companies do not need to consider. In particular, the involvement of the Secretary of State and the Gas and Electricity Markets Authority…
945 youths declared bankrupt, January-July Thursday, September 10th, 2020 at , Economy | News by BERNAMA / pic by RAZAK GHAZALI A TOTAL of 945 youths, aged between 18 and 35 years, were declared bankrupt between January and July this year, said Deputy Minister in the Prime Ministers Department, Datuk Shabudin Yahaya. He said that…