By Matthew LodgeTrainee Reporter 15:30, 31 MAY 2021 The new owners of La Gondola say they have little choice but to tear the derelict Derby restaurant and hotel down after taking over the site. Sam Elgie, of Elgie Properties, says the building is in such a poor state of repair that nothing can be salvaged,…
DetailsSYDNEY, AUSTRALIA MAY 31: (EDITORS NOTE: A special effects camera filter was used for this image.) A model prepares backstage ahead of the Alice McCall show during Afterpay Australian Fashion Week 2021 Resort 22 Collections at Carriageworks on May 31, 2021 in Sydney, Australia. (Photo by Hanna Lassen/WireImage) Alice McCall is an Australian designer that…
DetailsGlobal CEO advisory firm Teneo is today launching a new global restructuring business after the completion of its acquisition of the Restructuring Services business of Deloitte UK. The move marks the latest phase of the company’s ongoing expansion. Teneo’s new restructuring business will include over 300 specialists across Europe and the US and it will…
DetailsNEW YORKand 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 of Deloitte UK. Teneo’s new Restructuring business will comprise more than 300 specialists across Europe…
DetailsHeres todays ranking of the top 10 most-read international stories among Chinese people. We want to help you get a sense of whats trending in the Chinese language sphere. 1. Malaysia begins nationwide lockdown Tuesday 2. The WHO says the search for Covid-19 origins has been poisoned by politics 3. China gives the most debt…
DetailsThe sub-prime lender Amigo faces potential collapse after confirming that it will not appeal against a high court decision that blocked a scheme to cap customer compensation. Amigo, which charges 49.9% interest and requires borrowers to provide a friend or family member to act as a guarantor, said it would consider all options and was…
DetailsOwing money and missing repayments can be stressful, so the last thing many people in financial difficulty need is to be charged more money for help getting their debt under control. Thats why Consumer Protection urges consumers to choose free debt management advice where possible over other high-cost options. While debt management service companies may…
DetailsRadical plan to BUY BACK Qantas for $9 billion so passengers aren’t ripped off – with national carrier now dominating Australia’s skies Transport Workers Union wants federal government to nationalise Qantas The flying kangaroo airline has a 74 per cent domestic travel market share This means there is little competition allowing Qantas to up its…
DetailsLiquidation of a company means the legal way of ending the company in which assets are discharged and sold out to repay the creditors whereby the business is closed and its name is removed from the record of the Company Registrars Office (OCR). In Nepal, the major law governing the liquidation process of a company…
DetailsTo provide support to small businesses hit by the second coronavirus wave, banks have initiated the process of restructuring of loans up to Rs 25 crore in line with the COVID-19 relief measures announced by the Reserve Bank earlier this month. Many lending institutions have got board approval for the resolution framework and eligible borrowers…
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