Building company Zadro Constructions goes into voluntary administration Construction company collapses after 51 years Zadro Constructions went into voluntary administration READ MORE: By Peter Vincent For Daily Mail Australia Published: 16:21 AEDT, 2 October 2023 | Updated: 16:58 AEDT, 2 October 2023
DetailsMumbai: Deloitte-backed resolution professional Vijaykumar Iyer sought a fresh opportunity to seek new bids for Future Retail, springing a surprise for the lenders that rejected Space Mantra‘s Rs 550-crore buyout offer Saturday evening, people aware of the development told ET. Instantly and unanimously, lenders rejected his proposal to restart the process, the people said.Voting results…
DetailsInsolvency rates among firms are rising, but business failure remains at historically low levels, an analysis by PwC has concluded. In its latest Insolvency Baromoeter, PwC reported that insolvencies were up by a third in the first nine months to 468 compared to the same period last year. The final quarter of the year is…
DetailsProsecuting barrister Eleanor Watson told Preston Crown Court that Muhammed Hoque had entered a basis of plea in relation to the charge of possession with intent to supply cocaine, claiming that he was involved with the operation only for a limited time after losing his job at William Hill during the pandemic. She said: He couldnt…
DetailsWestern Sydney construction company Zadro Constructions entered voluntary administration last month, and is unlikely to resume trading in the future. All seven staff members were made redundant as the Penrith company joined a growing number of the industrys businesses going bust. Grant Thornton administrators John McInerney and Cameron Crichton were appointed on September 15, and…
DetailsStruggling with bills and debt? Be careful where you go for help. Some services, such as financial counselling, are free and independent, while other services targeting those in financial strife so-called “debt relief” firms can be predatory and harmful. Here’s what to know about who can offer free and independent advice, and which services to…
DetailsTurnaround specialist firm Vantage Performance has joined forces with the University of Queensland to offer a 13-week Turnaround Management module for students enrolled in a bachelor of advanced finance and economics. Vantage Performance executive director Kevin Higgins said the Introduction to Turnaround Management, which sat within the Financial Modelling course, offers students a real-world learning…
DetailsGet TPR’s best stories of the day and a jump start to the weekend with the 321 Newsletter straight to your inbox every day. Sign up for it here. Financial services company EarnIn partnered with nonprofit RIP Medical Debt to erase $13.9 million in debt from 9,908 low-income Bexar County residents last week. Bexar County was…
DetailsThe Insolvency regulator Insolvency and Bankruptcy Board of India (IBBI) aims to enhance the efficiency of the personal guarantors insolvency process with three significant measures. These proposed measures, currently open for public comments until October 19, include mandatory creditors meetings for all personal guarantor insolvency cases, allowing a single resolution professional to handle both personal…
DetailsSaturday, 30 September 2023, 8:40 pmPress Release: Hugh Grant Debt relief can be defined as the reorganisation of a borrowers debts. This organisation makes the debts easier to repay and it takes the individuals financial circumstances into account. In this article, we dive into the topic of debt relief by discussing what it is, what…
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