Convicted Shepparton financial planner Amanda Ritchie has been fined in the Shepparton Magistrates Court. Ritchie, who is currently serving a four-year jail term after pleading guilty to obtaining financial advantage by deception and a string of theft charges after ripping off clients for almost $500,000, faced court charged with failing to provide a statement of…
DetailsThe key aspects of this new law are: Available for companies with liabilities under $A1 million. A moratorium from creditor actions (including personal guarantees) will occur following a resolution of the board/directors to appoint a Small Business Restructuring Practitioner (SBRP) to assist with the collation of a plan. Directors remain in control while they collate…
DetailsA man spent 47,800 of his late mothers money to cover his gambling debts while she was away in a care facility. Gambling Addict Stole 47K from Mother to Cover Gambling Debts Gambling addictionhas left many people desperate, pushing them to do things they would have otherwise strongly objected to. The case ofGary Evans,57, is…
DetailsBidvest is disposing of its car rental business Bidvest Trading and distribution group Bidvest has reported a trading profit increase, as its “portfolio clean-up” nears its conclusion. The company, which owns brands like Waltons and Cellini Luggage, also has pharmaceutical, industrial, financial services, freight, travel, and automotive businesses. It began its restructuring process with the…
DetailsThe Pension Protection Fund (PPF) has published interim guidance on the Corporate Insolvency and Governance Act 2020 around the newly-introduced concepts of moratorium and financial difficulty mitigation arrangements. Under the act, a moratorium can be initiated by the directors of a company that, among other things, suspends payments of most historic debts and prevents action…
DetailsFootball body says that because of large proportion of bets made on football, sport should benefit from the tax 28th February, 2021 Republic of Ireland play Bulgaria in a friendly at the Aviva Stadium: The gambling industry has worked particularly hard to create a strong link in our minds between major sports events and betting,…
DetailsThe key aspects of this new law are: Available for companies with liabilities under $A1 million. A moratorium from creditor actions (including personal guarantees) will occur following a resolution of the board/directors to appoint a Small Business Restructuring Practitioner (SBRP) to assist with the collation of a plan. Directors remain in control while they collate…
DetailsSan Jose Sharks left wing Evander Kane is a problem gambler whose six-week-old bankruptcy filing is designed to shield his considerable assets and stiff his lenders, one of his top creditors charged in a blistering and explosive motion Friday. Kane made waves when he filed for chapter 7 bankruptcy protection last month, declaring $26.8 million…
DetailsAlthough President Joe Biden has supported canceling $10,000 in student debt for individuals, some lawmakers are pushing him to go higher and forgive $50,000. But Biden and other influential figures argue that former Ivy League students and Wall Street financiers would be the main beneficiaries. At a CNN town hall last week, Biden said that…
DetailsThe key aspects of this new law are: Available for companies with liabilities under $A1 million. A moratorium from creditor actions (including personal guarantees) will occur following a resolution of the board/directors to appoint a Small Business Restructuring Practitioner (SBRP) to assist with the collation of a plan. Directors remain in control while they collate…
Details