Living in the coastal suburb of Killcare on New South Wales Central Coast, the past year has seen Linda Gibbens spend the most time on solid ground in two decades. Previously a flight attendant with Emirates and Virgin Australia, the role saw her travel all around the world and live in Dubai for seven years…
DetailsDate: 30.04.2021 Supreme Court accepts complex task made more difficult by range of challenges WITS assets were eventually auctioned off as part of its liquidation The Supreme Court of Victoria Commercial Court brings into sharp relief the cost of company failure as external administrators are approved remuneration of more than $320,000 for their work in…
DetailsA VIP casino patron who is accused of racking up a $43 million baccarat debt will be forced to appear in an Australian court. Casino Guardian reports that a Brisbane judge has overruled the bid of Dr. Wong Yew Choy to set aside the legal action started by Star Entertainment Group against him. The Brisbane…
DetailsFormer Acxiom and LiveRamp executive Dean Capobianco has joined government-owned geospatial geospatial data company, Geoscape Australia, as CEO. Capobianco started his corporate career in media after time as an elite athlete whereby he competed for Australia at the Olympics. Dean Capobianco Most recently, he was acting CEO of the now insolvent tech startup UbiCar, an…
DetailsWith the fallout from the novel coronavirus pandemic for many being either job loss or business closures, the possibility of needing to find shelter under the provisions of the Insolvency Act is all too real. What happens, however, to your lease? As the tenant who needs rescue, are you likely to be kicked out of…
DetailsSid Miller, a rancher and commissioner of the Texas Department of Agriculture, has filed a lawsuit backed by the new group America First Legal against USDA over a new aid program that eliminates FSA loan debt for socially disadvantaged farmers. Another group of white farmers filed a similar lawsuit as well. (DTN file photo by…
DetailsThe High Court has refused to approve a pensioners Personal Insolvency Arrangement (PIA) involving her making mortgage repayments on her home until she was aged 98. In what is regarded as an important test case, Mr Justice Mark Sanfey said 69-year-old Ann Fennell, who owes Ulster Bank some 72,500, would not be reasonably likely to…
DetailsA High Court judge has refused to approve a pensioner’s Personal insolvency Arrangement which would have seen her continue to make mortgage repayments on her home till she was 98 years of age. The ruling was made in a Limerick appeal in what is being regarded as a key test case. Mr Justice Mark Sanfey…
DetailsThere were 1,675 personal insolvencies recorded in the fourth quarter of last year, less than the previous year, but a figure that is masking a potential steep rise in cases once Covid-19 support stops and courts return to full capacity. Official figures from Accountant in Bankruptcy (AiC) showed that that 67% of insolvencies were from…
DetailsSINGAPORE (ICIS)–Siam Cement Group is studying a potential restructuring of its chemical business, including the possibility of a public offering of its shares, the Thailand-based producer said late on Wednesday. This feasibility study for the restructuring is expected to be completed by the end of 2022, the company said in a filing to the Stock…
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