Sports promoter David Higgins – best known for organising the Joseph Parker fights – has placed three of his subsidiary businesses into voluntary liquidation. It’s business as usual for his main companies, including Duco Events. Companies office records show Heath Gair of Palliser Insolvency was appointed liquidator of Duco Promotions, Mammoth Events and Zenith Events…
DetailsAs we prepare for the possibility that the coronaviruspandemic may continue for longer than first anticipated, its become essential for brokers to find flexible ways to support customers lending requirements. With many banks and lenders adjusting their application assessment methods, borrowers may be finding it difficult to source the right finance, even if their circumstances…
DetailsDeveloping nation debt has more than doubled in the past decade and left more than 50 countries facing a repayment crisis, according to a campaign group. Data from the Jubilee Debt Campaign shows that even without taking full account of the impact of the coronavirus pandemic, there has been a sharp jump in the number…
DetailsGetty Images Duco events director David Higgins speaks to media at a press conference in Auckland in 2017. Three companies owned by high-profile boxing promoter David Higgins have been placed into liquidation. The Companies Office shows Duco Promotions and associated companies Mammoth Events and Zenith Events, all owned and directed by Higgins, were placed into…
DetailsThe former owner of Wigan Athletic, Au Yeung Wai Kay, sought to put the club into administration before he had even completed his controversial takeover, key documents reveal. A new timeline of the Wigan takeover is pieced together in the written reasons detailing the rejection of an appeal against the clubs 12-point deduction for insolvency,…
DetailsA former Ferrari-driving businessman has declared bankruptcy after his four companies collapsed within eight months owing about 200 creditors $13 million. Sunshine Coast businessman Gordon Smith, who last year promoted his investment company as being “solid as a rock”, is unable to pay back the creditors of his four property development and wealth businesses, liquidators’…
DetailsImage copyright Getty Images Debenhams has appointed a firm to draw up contingency plans for a possible liquidation of the department store. The company, which is in administration, has hired Hilco Capital, a firm that specialises in winding up struggling retailers. Debenhams said it was “trading strongly” and Hilco’s appointment did not mean a liquidation…
DetailsThe dilemma My partner and I have been together for two years and I could not be more in love with her. We spend our days laughing until our stomachs hurt. The problem is that she is 36 and a recovering gambling addict while I am 24 and have just recently graduated. She has accumulated…
DetailsLoading Every bill utilities, telcos and insurances could be bloated. Providers often rely on the complacency of existing customers to keep paying over the odds. Go through your bills, using comparison websites, to determine the savings you could make by switching to a cheaper provider. 2. Mortgage and financial products Your mortgage is the biggest…
DetailsA former Ferrari-driving businessman has declared bankruptcy after his four companies collapsed within eight months owing about 200 creditors $13 million. Sunshine Coast businessman Gordon Smith, who last year promoted his investment company as being “solid as a rock”, is unable to pay back the creditors of his four property development and wealth businesses, liquidators’…
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