Attorney-General George Brandis will face another Senate inquiry grilling to determine his role in the West Australian Government’s bid to claw back nearly $1 billion from a corporate collapse. Key points: Brandis to give evidence at about his role in WA Government’s attempt to claw back money from Bell Group collapse Brandis rejects claims…
A SPORTSWEAR company launched by England and Sussex cricket legend James Kirtley looks set to go bust. Kirtley set up MKK Sports Limited more than ten years ago with three business partners supplying sports clubs throughout the country with kits. High profile clients included Sussex and Middlesex County Cricket Clubs (CCC). But a creditors’ meeting…
An Aboriginal corporation in Darwin that provides vital frontline services slipped into debt partly because a company supposed to give them hundreds of thousands of dollars to check dive sites for crocodiles never paid, the group’s acting chief executive says. Larrakia Nation Aboriginal Corporation acting chief executive Allan McGill has outlined how the group…
NEW DELHI: Union Minister Arun Jaitley today said there are a lot of expectations from the new insolvency mechanism and expressed confidence that it would deliver the desired results in the years to come. The Insolvency and Bankruptcy Board of India (IBBI) has been set up under the Insolvency and Bankruptcy Code that seeks to…
New Delhi, Nov 28 : Union Minister Arun Jaitley today said there are a lot of expectations from the new insolvency mechanism and expressed confidence that it would deliver the desired results in the years to come. The Insolvency and Bankruptcy Board of India (IBBI) has been set up under the Insolvency and Bankruptcy Code…
Over the weekend, it was reported by Xinhua news that 94 individuals were arrested by police in China. Those arrested were thought to be involved in a cross-border gambling ring worth $72 billion. The activities of the gambling ring reportedly moved throughout Southeast Asia with over 400 gamblers having been brought to Myanmar and Laos…
Photo booth provider Zeven Media, which secured a £50,000 from Deborah Meaden on Dragons Den, has gone into voluntary liquidation. Alan Coleman, of Manchester accountancy firm Royce Peeling Green, has been appointed to wind up the Manchester-based company. Founded by brothers Josh and Hyrum Cook in March 2013, Zeven employed six people at its offices…
This was on the side-lines of the insolvency week celebrations held in Kampala. In October last year, Uchumi supermarket folded Official receivers from the five East African states have called for harmonization of the insolvency laws in the region, to enable cross boarder insolvency practice, and alleviate suppliers from losses, whenever a regional company folds.…
CHRIS SKELTON/FAIRFAX NZ Pumpkin Patch worker Denise Henry never thought about leaving the company because she always hoped things would one day look up. Twelve years on and she looks to lose her job with only holiday pay. Pumpkin Patch worker Denise Henry faces a New Year without a job after the shock collapse of…
CHRIS SKELTON/FAIRFAX NZ Pumpkin Patch worker Denise Henry never thought about leaving the company because she always hoped things would one day look up. Twelve years on and she looks to lose her job with only holiday pay. Pumpkin Patch worker Denise Henry faces a New Year without a job after the shock collapse of…