Increasing complexity and growing challenges for the restructuring industry Market conditions are growing increasingly difficult as the restructuring wave reaches Germany. Many German companies are struggling as they are faced with the challenge of structural changes and a necessity to adapt their processes and strategies. At the same time, significant change in the financing sector…
DetailsModel and TV presenter Katie Price has been declared bankrupt for the second time, a court heard today. Price was married to Australian singer Peter Andre between 2005 and 2009 and they have two children together. The UK glamour model, 45, who was not in court to hear her fate, has an unpaid tax bill…
DetailsThe National Company Law Tribunal (NCLT) in Mumbai has admitted a corporate insolvency resolution process (CIRP) against over a century-old textile maker ShriVallabh Pittie (SVP) groups affiliate Shrivallabh Pittie Industries Ltd in an application filed by the State Bank of India.The lender had approached the tribunal after the company defaulted on its dues of about…
DetailsTelco equipment supplier NetComm Wireless has entered voluntary administration after operating for over 40 years. Documents listed by the Australian Securities and Investments Commission (ASIC) on March 13 show Kate Conneely and Rahul Goyal from Cor Cordis have been appointed administrators of the company. NetComm Wireless provides telecommunications infrastructure equipment to telco companies in Australia…
DetailsThe National Arboretum Visitor Centre one of Project Coordinations building projects. Award-winning, 50-year-old Canberra construction and management company Project Coordination is in voluntary administration. On Tuesday morning staff were dismissed from its Canberra and Wollongong offices. A quarter of our staff have been with us for 15 years or more, with many over 20 years,…
DetailsA major building company has collapsed with the majority of staff sacked and $120 million worth of projects up in the air. Project Coordination (Australia) Pty Ltd, which had been in business for 50 years, went into voluntary administration on Tuesday afternoon. The business had offices in Canberra and Wollongong and did construction work in…
DetailsFormer glamour model Katie Price has been declared bankrupt for a second time over an unpaid tax bill of more than 750,000. Ms Price, who was previously declared bankrupt in 2019, owes 761,994.05 to HM Revenue and Customs (HMRC), a court was told on Monday. At a short hearing at London’s Rolls Building, Insolvency and…
DetailsKatie Price has been declared bankrupt for a second time over an unpaid tax bill worth more than 750,000. The former glamour model, who was previously declared bankrupt in 2019, owes 761,994.05 to HM Revenue & Customs (HMRC), a court was told on Monday. At a short hearing at Londons Rolls Building, Insolvency and Companies…
DetailsMGM Resorts International is addressing all of the reports that Bruno Mars owes them millions of dollars. Last week, it was reported that the 38-year-old Locked Out of Heaven singer who signed a multi-year residency with the company back in 2016 racked up a debt of $50 million from gambling at the Las Vegas casino.…
DetailsUPDATE: MGM Resorts International has sent over the following statement to BuzzFeed: “Were proud of our relationship with Bruno Mars, one of the worlds most thrilling and dynamic performers. From his shows at Dolby Live at Park MGM to the new Pinky Ring lounge at Bellagio, Brunos brand of entertainment attracts visitors from around the…
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