Regulatory Policy Committee opinion on DBT’s Corporate Insolvency and Governance Act 2020 PIR Get emails about this page Documents RPC Opinion:Corporate Insolvency and Governance Act 2020 PDF, 130 KB, 8 pages Details The RPC finds that the PIRs recommendation to amend the legislation is supported by proportionate evidence and analysis. The PIR re-visits assumptions in…
DetailsHONG KONG, July 8 (Reuters) – Ant Group on Saturday announced a surprise share buyback that values the fintech giant at $78.54 billion, well below the $315 billion touted in an abandoned IPO in 2020, in a move that may let some investors exit after a lengthy regulatory overhaul of the firm. The news came…
DetailsTom Brady, the quarterback for the New England Patriots and winner of seven Super Bowls, served as an ambassador for the FTX bitcoin and crypto exchange, According to New York Times. He advertised the new company as the most reliable establishment in the cryptocurrency industry using a variety of platforms, such as a commercial shown…
DetailsRobodebt Commissioner Catherine Holmes says the disastrous debt recovery scheme was “crude and cruel” and “made many people feel like criminals”. The long-awaited final report by the Royal Commission into Robodebt was handed down on Friday and tabled in parliament with 57 recommendations. Some of the details in the Robodebt report and this story may be distressing for some…
DetailsBritish model Katie Price is to face questioning over her finances in court, a British judge has said. Price, 45, was declared bankrupt in November 2019 and is facing further proceedings. The court was told a public examination over her finances had previously been adjourned, during a short hearing at a specialist insolvency and companies…
DetailsKatie Price was declared bankrupt (Aaron Chown/PA) (PA Wire) Katie Price is to face questioning over her finances in court, a judge has said. The former glamour model was declared bankrupt in November 2019 and is facing further proceedings. During a short hearing at a specialist insolvency and companies court on Friday where Ms Price…
DetailsHANGZHOU, CHINA – OCTOBER 27: A logo of Ant Group is seen at the company’s headquarters on October 27, 2020 in Hangzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images Ant Group on Saturday announced a share repurchase plan that values the fintech giant at 567.1 billion yuan ($78.54 billion), as…
DetailsAnother start up NSW builder SMLXL has been placed into liquidation, leaving several major projects in a state of flux including Mona Vale Golf Course, who after recently gutting their current club house were suddenly advised that their builder SMLXL projects had suddenly and without warning been placed into liquidation. Lisa Mort who was appointed…
DetailsBurlington, Ont.-based Tiptap and Laval, Qu.s Omnirobotic are restructuring after both startups were unable to secure the financing necessary to support their existing operations and obligations. The two companies are the latest in a growing list of Canadian tech startups to restructure after facing difficulty securing venture capital (VC) during the downturn as rising interest…
DetailsWilko, one of Britains biggest discount retailers, is racing to secure a cash injection as it prepares to launch a financial restructuring aimed at securing its future. Sky News has learnt that Wilko, which is owned by its founding family and employs about 12,000 people, is working with advisers to raise tens of millions of…
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