GPS cleaning company treated vulnerable employees as ‘slaves’: court – Illawarra Mercury

GPS cleaning company treated vulnerable employees as ‘slaves’: court exit Xiao Teng was supporting her partner who was undergoing chemotherapy when cleaning company Grouped Property Services Pty Ltd stopped paying her. Her colleague Freddy Herrera, an engineering student from Colombia, worked for GPS for five hours a day, seven days a week and “was grossly…

GPS cleaning company treated vulnerable employees as ‘slaves’: court – The Border Mail

GPS cleaning company treated vulnerable employees as ‘slaves’: court exit Xiao Teng was supporting her partner who was undergoing chemotherapy when cleaning company Grouped Property Services Pty Ltd stopped paying her. Her colleague Freddy Herrera, an engineering student from Colombia, worked for GPS for five hours a day, seven days a week and “was grossly…

Fair Work Ombudsman secures near-record fines over ‘phoenix’ scheme – The Australian Financial Review

A Sydney labour hire firm has been ordered to pay more than $670,000 over its use of a sophisticated phoenixing operation to underpay foreign workers and treat them like “slaves”. The Federal Court on Wednesday ordered Grouped Property Services, which provides cleaning services, to pay near-record penalties of $447,300 and backpay of $223,244 to 49 employees after…

EMRISE CORPORATION Announces Distribution to Stockholders of Fourth Liquidation Dividend – GlobeNewswire (press release)

WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to…

EMRISE CORPORATION Announces Distribution to Stockholders of Fourth Liquidation Dividend – GlobeNewswire (press release)

WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to…

EMRISE CORPORATION Announces Distribution to Stockholders of Fourth Liquidation Dividend – GlobeNewswire (press release)

WOODBRIDGE, N.J., June 05, 2017 (GLOBE NEWSWIRE) — EMRISE CORPORATION (formerly traded on OTCQB under the symbol EMRI) (EMRISE or the Company), announced today that it has instructed its paying agent, VStock Transfer, LLC (Paying Agent), to begin the process of distributing the previously announced fourth liquidation dividend of $980,000, or $0.09 per share, to…

Group Insolvency Proceedings Under the Revised EU Insolvency Regulation – JD Supra (press release)

Restructuring an international group of companies in Europe continues to be challenging. While companies can transact business freely across European borders, coordination between the stakeholders involved in a cross-border restructuring has proved to be difficult. The cross-border restructuring of a corporate group is often complicated by a multitude of individual liquidation proceedings spread…

Mortgage company investors demand its liquidation – Mortgage Professional America

Investors in a California mortgage company are so dissatisfied with its returns that theyre demanding the company liquidate itself, according to a news release. In an open letter to Owens Realty Mortgage, Freestone Capital Management which, together with its affiliates, owns about 7.6% of Owens outstanding shares slammed Owens management for questionable decisions and its…