A home loans company that previously operated in Townsville is being liquidated with creditors expected to be paid in full. Platinum Business Services Pty Ltd, trading as Townsville Home Loans, was placed in liquidation in May through a creditor’s voluntary winding up application. Liquidators in the central Queensland division of Worrells Solvency & Forensic Accountants…
DetailsCrown prosecutor Raelene Sharp opposed bail, arguing the possible risk of flight and interference with witnesses. She told the court Mr Alex, a declared bankrupt, has allegedly run businesses using a wide network of people to operate companies “on his behalf … from a paper perspective.” His access to such networks pointed to “means and…
DetailsA home loans company that previously operated in Townsville is being liquidated with creditors expected to be paid in full. Platinum Business Services Pty Ltd, trading as Townsville Home Loans, was placed in liquidation in May through a creditor’s voluntary winding up application. Liquidators in the central Queensland division of Worrells Solvency & Forensic Accountants…
DetailsBOSTON–(BUSINESS WIRE)–Skillsoft Corporation (Skillsoft or the Company), a global leader in learning and talent management solutions, today announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed the Companys Plan of Reorganization. The Company expects to successfully complete its financial restructuring process and emerge from Chapter 11 in the coming weeks with…
DetailsAfter announcing in January that it would cut about 1,500 jobs in another restructuring, 3M has since moved to eliminate an additional 1,700 positions due to COVID-19 and the sale of its drug delivery business. During the second quarter, 3M committed to a restructuring directly related to the pandemic and its economic impacts, leading to…
DetailsAfter announcing in January that it would cut about 1,500 jobs in another restructuring, 3M has since moved to eliminate an additional 1,700 positions due to COVID-19 and the sale of its drug delivery business. During the second quarter, 3M committed to a restructuring directly related to the pandemic and its economic impacts, leading to…
DetailsGlobal Credit Settlement Market research report published bymarket insight reportsexplores the current outlook in global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the global market and divides the Market into several parameters. This Credit Settlement Market research report identifies the competitive…
DetailsPHUKET: About 100 people gathered at Phuket Provincial Hall this afternoon (aug 6) to file a petition calling for debt relief for businesses affected by the COVID-19 pandemic. The group, calling themselves the COVID-19 affected people club, carried placards urging the Prime Minister and other leading officials to help. The petition submitted today featured about…
DetailsThe Insolvency, Restructuring and Dissolution Act 2018, (Act No.40 of 2018, the Act) , which came into force on 30 July, marks, for now at least, the final stage in what has been a far-reaching overhaul of Singapores insolvency and debt restructuring regime. This process had started in 2015 with some amendments to the Bankruptcy…
DetailsThe Baccarat table found outside the gambling den in Yannawa district on Monday. (Photo: Wichan Charoenkiatpakul) A video spreading on social media shows men hastily removing the security cameras at a gambling den in Bangkok’s Yannawa district where four peopled were shot dead on Monday night, one of them an off-duty police major. “Remove all…
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