FAIRFAX NZ A problem gambler wants the TAB to acknowledge its processes failed and allowed him to lose $75,000. A problem gambler is asking the TAB to take responsibility for part of his debt after he says a lapse in their processes allowed him to lose $75,000 in six months. The 28-year-old Auckland man’s family…
Award-winning Brisbane apartment builder CMF Projects has been placed into voluntary administration. Liquidators David Clout and Patricia Talty were appointed late on Wednesday, but neither they or the company’s directors, Greg Campbell and Cameron Fidler, would comment. A statement on the company’s website informs subcontractors to collect their equipment from the sites of…
New York REIT expects liquidation to be complete by end of March 2018 George Comfort & Sons will retain 1.2% interest in One Worldwide Plaza after REIT purchases majority stake By Rich Bockmann | May 11, 2017 01:20PM Wendy Silverstein and One Worldwide Plaza (Credit: Getty Images) Save the date: New York REIT expects the…
A UK firm found responsible for orchestrating 99.5 million nuisance calls has been fined a record £400,000 (US$517,550) by the Information Commissioners Office. Keurboom Communications which has been placed in liquidation in a move that means its unlikely that the fine will be paid was issued with the ICOs highest-ever nuisance call fine after more…
snowturtle/Shutterstock.com SOFIA (Bulgaria), May 11 (SeeNws) – Sofia Airport has swung to a net loss of 13.8 million levs ($7.67 million/7.05 million euro) in 2016 from a net profit of 5.6 million levs in 2015, the company said. Sofia Airport suffered ‘impairment of receivables’ from insolvent Corpbank in the amount of 25.5 million levs last…
NEW YORK, May 10, 2017 /PRNewswire/ — New York REIT, Inc. (NYSE: NYRT) (the “Company” or “NYRT”), which is liquidating and winding down pursuant to a plan of liquidation, announced today its financial results for the first quarter ended March 31, 2017. Financial Results Liquidation Basis of Accounting As a result of NYRT’s shareholder approval…
By Ibrahim a Manzil Government’s desperate efforts last week to save the troubled Uganda Telecom Limited could be watered down today in a make or break meeting with creditors. The official government receiver and provisional administrator Bemanya Twebaze said the creditors “will be required to decide whether the administration should continue or the company goes…
Home buyers will soon be required to send the Australian Taxation Office a cheque for GST on their new dwelling, a surprise change that has been criticised by property and tax specialists as unworkable. The budget revealed that as of mid-2018, GST will need to be paid to the ATO on “newly constructed residential premises…
Liquidation of the company that operated discount retail brands Crazy Clark’s and Sam’s Warehouse is close to being finalised, with unsecured creditors expected to receive 17.44 cents in the dollar. Fairfax Media has obtained the annual report of liquidator Deloitte into Retail Adventures Pty Ltd, which entered voluntary administration on October 26, 2012. The owner of former discount…
State Security minister Kembo Mohadi has approached the High Court seeking the removal of Barbra Lunga as liquidator of his insolvent company, accusing her of fleecing him large sums of money through the illegal sale of the firms assets. BY CHARLES LAITON State Security minister Kembo Mohadi According to Mohadi, his company, Nerry Investments (Pvt)…