High Court reporters Two separate and unrelated insolvency arrangements allowing two debtors to write-off over 12 million owed to financial funds have been approved by the High Court. The court approved a Debt Settlement Arrangement (DSA) to company director, 63-year-old Mark Quinn, which will see 8.9 million of debt owed to financial fund Everyday Finance…
DetailsTwo separate and unrelated insolvency arrangements allowing two debtors to write-off over 12 million owed to financial funds have been approved by the High Court. The court approved a Debt Settlement Arrangement (DSA) to company director, 63-year-old Mark Quinn, which will see 8.9 million of debt owed to financial fund Everyday Finance DAC written off.…
DetailsShane Dixon, 50, died after racking up a cruise casino debt An insider has slammed the company’s gambling incentives For confidential support 24/7 call Lifeline 13 11 14 or Beyond Blue 1300 224 636 Do you have a similar story? Contact [email protected] By Tita Smith For Daily Mail Australia Published: 00:38 AEST, 14 May 2024…
DetailsBiden cancels $6.1 billion in student loans Biden cancels $6.1 billion in loans for ex-Art Institutes students 04:04 HARRISBURG, Pa. (KDKA) — More than $345 million in debt will be forgiven for about 18,000 Pennsylvanians who attended The Art Institute, the state attorney general announced on Monday. The Biden administration last week announced it would…
DetailsKenya Revenue Authority (KRA) has been ordered to refund more than Sh54 million to household and electronics appliances supplier Hotpoint on account of bad debts arising from goods delivered to fallen retail giant Nakumatt. The Tax Appeals Tribunal faulted the Commissioner of Domestic Taxes for disallowing the VAT (value-added tax) refunds of Sh54.8 million as…
DetailsSome 1,392 businesses, institutions and organizations were declared bankrupt since January 1, an increase of about 47 percent over the same period in 2023. That was the highest total for the first four months of the year since January-April 2017. On a monthly basis, business bankruptcies rose by 6 percent. The figures include 167 sole…
DetailsFinancial Services Commission Secretary-General Kwon Dae-young speaks during a press briefing on the government’s latest plan to induce a soft landing for project financing loans in the real estate sector at the government complex in central Seoul on Monday. [NEWS1] Koreas financial authorities will facilitate a restructuring of the cash-strapped real estate sector with a…
DetailsKwon Dae-young, secretary-general of the Financial Services Commission (FSC), speaks during a press conference at the government complex in Seoul, May 13. Yonhap Korea’s financial authorities announced plans to minimize risks stemming from short-term real estate project financing (PF) loans Monday that include additional funds for strong, survivable projects but a speedy way out for…
DetailsA caravan builder based in Melbourne has collapsed into liquidation with estimated debts of up to $1 million. Highline Caravans Pty Ltd, located in the outer suburb of Campbellfield, went into voluntary liquidation this week according to a notice published on ASIC. The company went bust potentially owing between $700,000 and $1 million. Early reports…
DetailsA caravan builder based in Melbourne has collapsed into liquidation with estimated debts of up to $1 million. Highline Caravans Pty Ltd, located in the outer suburb of Campbellfield, went into voluntary liquidation this week according to a notice published on ASIC. The company went bust potentially owing between $700,000 and $1 million. Early reports…
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