All 400 of Wilkos shops are now expected to close over the next month, leaving 12,500 people without jobs across the UK. The budget retailers administrator PwC announced the news after it struggled to secure a rescue deal for Wilko to continue operating. After swooping in to rescue collapsed music chain HMV in 2019, Canadian…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsAngel One Ltd (formerly Angel Broking Ltd) on Tuesday announced that it has undertaken a business restructuring initiative. As part of this reorganization, the companys business from the assisted channel will be consolidated under Angel Securities Limited, while that from the direct channel will be housed under Angel Crest Limited. Angel One has also onboarded…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsLarisa Markus was president and founder of Vneshprombank, one of Russias largest banks, which was declared insolvent in 2016. In May 2017 she was convicted, in Russia, of embezzling $2 billion from the bank. In 2019 Rozhkovappointed to preside over the liquidation of Markuss assetsas Markuss Foreign Representative brought a Chapter 15 proceeding to locate…
DetailsThe Supreme Court has repeatedly held that the provisions of IBC cannot be used as a means to recover dues. In the Mobilix Innovations vs Kirusa Software case, the apex court decided that in a pre-existing dispute that is not spurious, hypothetical or illusionary, the court has to reject the insolvency application filed against an…
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