Tim Cooper, partner at Addleshaw Goddard LLP, has been appointed president of R3, the insolvency and restructuring trade body. As president, Cooper will work with R3s CEO, senior management team and council to help shape and deliver R3s strategy for the next 12 months and supporting its day-to-day operations. He has set five specific aims…
DetailsByHT News Desk Apr 29, 2024 01:04 PM IST Share Via Copy Link Healthify layoffs: The company said that the restructuring was necessary to achieve profitability in India and ensuring global expansion at the same time. Healthify layoffs: Healthify fired 150 employees as part of a restructuring exercise in the company, it was reported. Tushar…
DetailsAdam Kirkbride was sentenced to four years in prison when he appeared at Newcastle Crown Court. Kirkbride, of Keswick, was also further banned as a director until April 2036. The 32-year-old abused his position while acting in the management of a company by siphoning off 60,000 that had been invested by a pensioner into his…
DetailsBoth parties must be taxable; or become taxable as a result of the transfer By Mahar Afzal/Compliance Corner Follow us on Published: Sun 28 Apr 2024, 5:56 PM In our previous article, we discussed the optional nature of business restructuring relief (BRR) and divided our analysis into three main stages: pre-transfer, transfer, and post-transfer. We…
DetailsA man in his late thirties, identified as Ramu, from the Thiruthani Periyar Nagar area, committed an act that led to death over a gambling debt in Arakkonam, Tamil Nadu. As reported by Asianet News, Ramu ran a pawn shop, had incurred debts due to his online gambling habits, amounting to over Rs. 10 lakhs.…
DetailsMore and more home builders are collapsing across Australia as soaring materials and labour costs cripple the companies working desperately to meet the countrys surging demand for houses. Data from the Australian Securities and Investments Commission shows a gathering pace of construction insolvencies in the past three years, with 2196 builders going bust in the…
DetailsShare this article URL Copied Yuga Labs, the team behind the Bored Ape Yacht Club (BAYC) NFT collection, has initiated a company restructuring to prioritize its core crypto business, which includes the Otherside metaverse project, said Greg Solano, the companys co-founder, in a recent post on X. gm, really tough day today. I am hellbent…
DetailsKatie Price has revealed her plans for more plastic surgery in order to achieve her dream body goals despite recently being declared bankrupt for the second time. The former glamour model was declared bankrupt for the second time last month due to an unpaid tax bill of over 750,000. But the mum of five has…
DetailsApr 25, 2024 12.34pm Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Subscribe now Already a subscriber? WA builder Collier Homes went into liquidation this week for the second time in eight years after the company previously owned by former Family First senator Bob Days Home…
DetailsMany people are struggling with credit card debt, with U.S. consumers racking up balances totalling $1.13 trillion in 2023s fourth quarter, according to a Federal Reserve Bank of New York report released in February. Desperate consumers seeking relief may find offers for help on social media that purport to be from the government. Usually they…
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