Troubled home financier Dewan Housing Finance Ltd (DHFL) has sought the Bombay High Courts intervention to discharge its name and drop proceedings against it in an ongoing investigation by the Central Bureau of Investigation (CBI). DHFL has argued that since it had been taken over by Piramal Capital & Housing Finance Ltd, it should be…
DetailsThe directors behind Avacade have each received six-year directorship disqualifications after the Insolvency Service found they had paid themselves 1.4m during a tax investigation. Craig Lummis and his son, Lee Lummis,were banned by Judge Halliwell in Manchesters High Court on August 27, due to the fact they repaid themselves 1.37m despite their company being under…
DetailsBusinessman John Elliott, who was a Liberal party elder and the longest-serving president of Carlton Football Club, has died in hospital aged 79. His son Tom Elliott told Melbourne radio 3AW his father “had taken his last breath” on Thursday. “He had been ill for a few weeks,” Tom said. “It is very sad news…
Details11:22 PM GMT The NHL has completed its gambling investigation into Evander Kane, saying Wednesday that it found no evidence that the San Jose Sharks forward bet on NHL games. The investigation, which was conducted by Patterson Belknap Webb & Tyler LLP, in conjunction with NHL Security, was spurred by allegations in social media posts…
DetailsJohn Sordillo, Jeffrey Truitt and Tim Hannon join B. Riley to support growing demand for complex financial management and restructuring services LOS ANGELES, Sept. 23, 2021 /PRNewswire/ — B. Riley Financial (NASDAQ: RILY) (“B. Riley”) today announced continued growth in its restructuring division with the addition of three new senior executives. John Sordillo, Jeffrey Truitt…
DetailsFormer Liberal Party president and Carlton boss John Elliott has died in hospital aged 79. The businessman was federal president of the Liberal Party from 1987 to 1990 as well as treasurer and vice-president of the Liberal Party in Victoria, as well as its federal treasurer. He also served as the president of the Carlton…
DetailsJohn Elliott, the controversial Australian businessman and former federal president of the Liberal party, has died aged 79. Elliott was also president of the Carlton football club for two decades before being sacked in 2002 after the club breached salary cap rules. He was federal president of the Liberal party in the late 1980s. He…
DetailsNEW DELHI: Thirty-five-year-old Harish worked at a high-end hotel by day but turned a chain snatcher by night. After several complaints of chain snatchings in south Delhi in recent days, police scanned CCTV footage and in one clip identified the running Harish. Police said that despite a decent income, the man had taken to crime…
DetailsSouth Australian construction company OTM has been placed into liquidation. The company, based in the Clare Valley, was subcontracted to complete work on the two overtaking lanes south of Tumby Bay and the lane on Flinders Highway. The company was wound up on September 21 and appointed Mark Lieberenz of Heard Phillips Lieberenz (HPL) as…
DetailsBeijing may initiate a managed debt restructuring of a troubled property developer in the coming week, followed by policy easing in October to contain spillover to the broader economy, according to Morgan Stanley economists. Regulators have had a mechanism to deal with defaults of property developers and reduce systemic risk, economists including Robin Xing wrote…
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