The Insolvency Service has issued a warning to investors and its customers regarding a recent increase in fraudulent activity. The Insolvency Service has issued a warning to investors and its customers regarding a recent increase in fraudulent activity, including recovery room scams, and fraudsters impersonating genuine Insolvency Service employees, in the form of emails, phone…
DetailsA Book titled, Corporate Insolvency Resolution Process and Liquidation under the Insolvency and Bankruptcy Code, 2016, authored by Justice L. Nageswara Rao, Former Judge, Supreme Court of India and Mr. Avinash Krishnan Ravi, Advocate (Madras High Court) and published by Lexis Nexis, was formally released by Justice Rohinton F. Nariman, Former Judge, Supreme Court of…
DetailsHouse Democratic leaders are preparing their members to provide votes to push a bill to suspend the debt ceiling and limit federal spending past a critical procedural hurdle Wednesday afternoon, as lawmakers work toward enacting a deal to avert a U.S. government default. Democratic leaders have telegraphed to several lawmakers in the last several hours…
DetailsThe High Court has approved personal insolvency arrangements (PIAs) that will allow a retired couple, one of whom requires the use of a wheelchair, to retain their Co Wexford home. In a judgement approving PIAs in respect of Edward and Nuala McCarthy, who are aged in their 70s, Mr Justice Alexander Owens said the couple…
DetailsThe Insolvency Service has issued a warning to investors and its customers regarding a recent increase in fraudulent activity, including recovery room scams, and fraudsters impersonating genuine Insolvency Service employees, in the form of emails, phone calls and letters. Recovery room scams usually follow an investment scam, where victims have already lost money. Victims are…
DetailsBedfordshire fresh-prep firm goes bust less than a year after its acquisition by Hull potato business Tuber Group Fresh produce processing firm MyFresh has gone into administration less than one year after its purchase by potato firm Tuber Group from the William Jackson Food Group. Conrad Alan Beighton and Dane OHara of Leonard Curtis Business…
DetailsPolice have dealt with 10,000 cases of gambling and 75,000 public security administrative cases in rural areas, and confiscated 740 million yuan ($104 million) in funds involved as part of a nationwide operation, according to the Ministry of Public Security. In November 2022, the ministry launched an operation targeting gambling in rural areas. As a…
DetailsNorway has slashed the number of problem gambling in two, a recent survey shows. After recording a concerning 55,000 addicts in 2019, the country has now updated this number, counting only 23,000 problem gamblers. According to the survey, which was compiled by Spillforsk and the University of Bergen, there are currently 93,000 at-risk consumers in…
DetailsMay 31, 2023 Full house: Kyabram Plaza Theatre was full when Banksia Securities investors turned out in force a decade ago to be updated on the failed financial group. Photo by Neil Saunders Eleven years after the collapse of the Banksia Financial Group, receivers acting on behalf of investors in the failed Kyabram company are…
DetailsMay 31, 2023 by Michael Maharrey 0 0 Despite all of the mainstream talk about a strong, resilient economy, corporate bankruptcies through the first four months of 2023 came in at the highest level since 2010. Meanwhile, monthly bankruptcy filings have hit numbers last seen during the peak of the pandemic. According to data from S&P Global Market…
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