KPMG restructuring spin-off Interpath has held early-stage talks with US restructuring business Conway MacKenzie in a bid to grow its international capabilities. Interpath broke away from KPMG UK in May in a management buyout backed by private equity firm HIG. Interpaths chief executive Blair Nimmo told Financial News that the firm had held exploratory discussions…
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DetailsASIC has warned debt management firms, who are now require to hold an ACL, that it is closely monitoring compliance with new laws and will take action when necessary. From 1 July 2021, debt management service providers (including firms offering debt negotiation or credit repair services) are regulated under the National Consumer Credit Protection Act…
DetailsOne awkward thing about the nations unionists teaming up with the nations bosses to responsibly steward the capital of the workers is that it sometimes leaves the unionists defending the workers capital over … well, the workers. As reported in this paper on Wednesday, embattled IFM-backed field services contractor Tandem has placed the majority of…
DetailsThey thought they were going to hold this company to account over its system of work that has caused a lot of them extreme hardship and they also may well have missed out on employment entitlements they might have otherwise got, she said. This is an affront to workers around the country quite frankly. IFM,…
DetailsDukang Distillers has completed its restructuring with the acquisition of a kiwi fruit business, disposing of its existing liquor business For this reason, it will take on a new name to reflect the change. Yesterday, Dukang announced that it will be renamed China Shenshan Orchard Holdings. The firm stated that revenue and net earnings of…
DetailsBy XIMENA BUSTILLO 07/06/2021 10:00 AM EDT Editors Note: Weekly Agriculture is a weekly version of POLITICO Pros daily Agriculture policy newsletter, Morning Agriculture. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the days biggest stories. Act on the news with…
DetailsThe International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas DUBAI, July 6 (Reuters) – Oman has asked the International Monetary Fund to provide technical assistance to help the country develop a medium-term debt strategy and strengthen its fiscal framework, the IMF said. The Gulf…
DetailsThe National Company Law Tribunal admitted a plea for corporate insolvency proceeding against Oyo group’s subsidiary Oyo Hotels and Homes Pvt Ltd in April following the hotelier’s complaint. The National Company Law Appellate Tribunal (NCLAT) will pronounce the order in the Rakesh Yadav vs Anuj Tejpal of Oyo Hotels case on July 7. The court…
DetailsPersonal Insolvency arrangements have been approved by the High Court that will allow former newspaper owner John Sheils and his wife businesswoman Susan Casey continue to make mortgage payments on their Co Kilkenny home until they are in their mid-eighties. The approval, made by Mr Justice Mark Sanfey, will see the couple retain their family…
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