Friday, Sep 09, 2016 The bankruptcy law passed by the UAE Cabinet last week is undoubtedly a new business enabler and source of confidence to entrepreneurs and the financial services industry in the country. The new legislation has come at a time when the nation is laying greater emphasis on economic diversification and private participation…
As HMV stores close their doors for the last time, staff have now left without their redundancy payments because the parent company, Hilco, has now gone into liquidation itself. The move effectively means that the staff must now apply to the State to get their redundancy payments, a process that may take months. Staff members…
More than 50 former staff of four HMV stores here are facing the prospect of having to turn to the State for the money owed to them, after being told the music retailer is going into liquidation. The HMV store at the Crescent Shopping Centre in Limerick. HMVs store presence here ended last week with…
HMV staff are outraged after the company went into liquidation the night before they were due to receive redundancy pay HMV staff are outraged after the company went into liquidation the night before they were due to receive redundancy pay. The stores have closed their doors once again, three years after they were handed a…
A professional poker player who has won six World Series of Poker event championships since 1993 and millions of dollars in tournaments is fighting felony theft and bad check charges in Las Vegas, where a casino accuses him of failing to repay $215,000 in gambling debts. William “Ted” Forrest’s defense attorney, Chris Rasmussen, said Friday…
Staff will now have to apply through the Governments Insolvency Payments Scheme to get the money theyre owed. HMV stores have closed their doors once again, three years after they were handed a lifeline by investment company Hilco Capital. The music chain went into liquidation last night, meaning staff did not receive the redundancy packages…
Bayern Munich’s Allianz Arena home. A lawyer has demanded the liquidation of FC Bayern Munich eV, the registered club that owns 75.01 percent of Bayern Munich AG, the company in charge of the football club’s operation, from the register of associations. Lars Leuschner, a professor for civil law, business law and company law at the…
KEITH WHITTEN/FAIRFAX NZ The Mad Butcher store in Silverdale has been placed in liquidation at the request of the Inland Revenue Department. The owner of the Mad Butcher store in Silverdale has been placed into liquidation. It is at least the seventh franchisee of the discount butcher chain to go under in the past 18…
Is buying into a franchise worth the investment? Recent disputes between franchisors and franchisees of popular brands such as Nandos, Eagle Boys and 7-Eleven would suggest franchises are risky business. However, enterprising Australians do love a franchise: we have about 1200 different franchise systems operating, licensing almost 80,000 franchisees. This is one of the highest rates…
By Nathan Lynch, Head Regulatory Analyst for Australia & New Zealand, Thomson Reuters Lawyers, accountants and other professional service providers are facilitating tax evasion and money laundering in Australia on a scale that places them in the category of organised crime, according to senior policing figures and government officials. The release of the Panama Papers…