Business Leading accountancy and business advisory firm Johnston Carmichael has strengthened its restructuring team with the progression of Graeme Bain to an appointment-taking director. Monday, 25th January 2021, 7:00 am Graeme, a licensed insolvency practitioner, joined Johnston Carmichael as a director in 2017, can now be appointed to oversee formal insolvency appointments. His progression comes…
DetailsEuropean fund manager Alexander Darwall admits he invested too much in Wirecard, the German fintech company that collapsed after auditors found a multi-billion black hole in its accounts. But he also said that German regulators bear some of the blame for not spotting the fraud sooner, and there are still plenty of unanswered questions about…
DetailsThe National Company Law Tribunal , Hyderabad has approved the resolution plan of Kamini Metalliks for debt-strapped VBC Industries. VBC Industries, which was earlier declared insolvent, will now have a new owner in Kamini Metalliks which offered 98 crore with its bid. Judicial member K Anantha Padmanabha Swamy and Member Technical Binod Kumar Sinha of…
DetailsPhilippines-based HatchAsia Inc has completed its takeover of Australian-listed Southeast Asian casino operator Silver Heritage Group, with six new directors replacing the former board as of last Friday. Former CEO Mike Bolsover, Chairman Matthew Hunter and fellow director Darryl Kaplan are no longer associated with the company, replaced by representatives of the new ownership group,…
DetailsMoelis & Company to help swift reopening of UAE Exchange and other Finablr Group companies Image Credit: Ahmed Ramzan/Gulf News Dubai: The consortium of Prism Group AG (Prism) and Abu Dhabis Royal Strategic Partners (RSP) has appointed independent investment bank Moelis & Company to advise on the restructuring and transformation of the Finablr Ltd and…
DetailsBy Kevin PeacheyPersonal finance correspondent, BBC News image copyrightGetty Images Some Barclaycard customers will see their minimum repayments rise from Tuesday, at a time when finances are already stretched owing to Covid and Christmas. The new requirements are tailored to each customer, although some may see a significant rise in demands. But the changes will…
DetailsA NEWCASTLE builder accused of leaving five Hunter families out of pocket and with unfinished or ‘defect-riddled’ homes has been declared bankrupt. Ben Geary, of BJG Builders, filed for bankruptcy just days after Charlestown MP Jodie Harrison launched a scathing attack on him using parliamentary privilege in November. Ms Harrison said Mr Geary, of Lake…
DetailsReading Time: 2 minutes There was an emotional backstory somewhere inYashahime Episode 16,but unfortunately, it just felt incomplete. Audiences arent given much time with the characters before the action starts. Yashahime: Princess Half-Demon from Sunrise is an anime-only sequel toInuyasha. It follows the main characters children going on their own adventure in the feudal world.…
DetailsReading Time: 2 minutes There was an emotional backstory somewhere inYashahime Episode 16,but unfortunately, it just felt incomplete. Audiences arent given much time with the characters before the action starts. Yashahime: Princess Half-Demon from Sunrise is an anime-only sequel toInuyasha. It follows the main characters children going on their own adventure in the feudal world.…
DetailsEgypts Ministry of Public Business Sector will disburse a minimum of EGP 255,000 in reparations for each of the 2,500 workers at the recently liquidated Egyptian Iron and Steel Company. On 12 January,citing chronic losses,the board of directors of the Egyptian Iron and Steel Company passed on a resolution liquidating the company and dividing it…
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