Global Investigations and Recoveries Limited was wound up in the public interest in the High Court on 17 May 2021 before DDJ Watkin. The Official Receiver has been appointed liquidator of the company. During the proceedings, the court heard that Global Investigations and Recoveries was incorporated in April 2019, with registered offices in Nottingham. The…
DetailsWithout expressly saying so, the changes now proposed amount to an implied admission that some of Crowns practices some quite recent are inconsistent with the responsible service of gaming … It would be open for the commission to conclude that Crowns various failures to implement the code are serious and persistent, he said. The silk…
DetailsFirm accelerates expansion with completion of the acquisition of Deloitte’s UK Restructuring Services business NEW YORK and LONDON, June 1, 2021 /PRNewswire/ — Teneo, the global CEO advisory firm, today announced the latest phase of its ongoing expansion by launching a global Restructuring business following the completion of its acquisition of the Restructuring Services business…
DetailsBilshan Nursimulu of 5 Fifteen Barristers considers the Mauritius-based disputes that can arise from offs… Bilshan Nursimulu of 5 Fifteen Barristers considers the Mauritius-based disputes that can arise from offshore investments, particularly where debt is involved. Mauritius is home to offshore companies with total assets that amounted to USD 582 billion as at 31 December…
DetailsMs Holt, aware that Oroton is yet to fully shed its former reputation as corporate and somewhat staid, was candid in her hopes for the show: I worry that Oroton is not the edgiest, sexiest brand, which is what is normally on display at Fashion Week. Ive given it my best shot but who knows…
DetailsThe North Australia Cattle Company, once one of Australias largest live cattle exporters, has been placed into voluntary administration, with debts owed to trade creditors of approximately $3.6 million. Notices of the appointment of administrators to North Australian Cattle Company Pty Ltd and its sister company Southern Australian Cattle Company Pty Ltd were published on…
DetailsBeleaguered AirAsia X has gained shareholder approval to proceed with its corporate restructuring plan, as it reiterated its commitment to an operational restart as soon as possible. The shareholder approval, which took place at the airlines extraordinary general meeting on 1 June, comes as AirAsia X finalises negotiations with creditors on its restructuring process. The…
DetailsWith almost 35% of USF Tampas undergraduate students stuck with over $30,000 in loan debt after getting a bachelors degree and many Americans struggling through the pandemic, student debt relief should be a top priority for the Biden administration. SPECIAL TO THE ORACLE/FLICKR/InvestmentZen The American Jobs Plan, which is President Joe Bidens first major infrastructure…
DetailsPANDEMIC costs and the high price of cattle have been named as key impacts leading to the placing of prominent live cattle exporters the North Australia Cattle Company, and its southern counterpart, into voluntary administration. The company, once the live export logistics business of Elders, has accumulated debts owed to trade creditors of approximately $3.6…
DetailsSmall and medium-size enterprises are considered the backbone of the American and European economies. In Australia, approximately 95 per cent of all businesses are SMEs. Therefore, it is a reasonable assumption that the vast majority of formal insolvencies are also SMEs. When companies get to the point where they are insolvent, there are typically two…
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