A Rochdale recruiter has been banned from managing companies for six years after paying himself a 150k bonus just before the company entered liquidation. According to the Insolvency Service, Roy Davies cannot act as a director or directly or indirectly become involved without the permission of the court, in the promotion, formation or management of…
DetailsFrom 15 July 2020, Roy Davies (55) from Rochdale, Lancashire, is banned for six years from acting as a director or directly or indirectly becoming involved, without the permission of the court, in the promotion, formation or management of a company. LTG Recruitment Limited was incorporated in April 2015 and Roy Davies, formerly of Frodsham,…
DetailsILGA chair Philip Crawford said the venue selected Mr Van Duinen as a top 100 pokie player, via its data tools, and targeted him for high roller perks like harbour cruises not offered to other members, which was both against the law and likely to encourage gambling. “[Clubs are] sophisticated businesses with lots of data,…
DetailsThousands of sackings at Australian universities By Eric Ludlow17 July 2020 The Group of Eight, comprising Australias elite public universities, has projected that 6,700 jobs will be lost at its member universities in response to the COVID-19 crisis. The forecasts indicate that sackings will include 4,400 contract staff and 2,300 permanents and academics. The job…
DetailsIn certain circumstances, common morality says that creditors should not force their borrowers to pay interest and principal fully and on time. The COVID 19 pandemic and the global economic collapse it has caused are just such circumstances, for both persons and governments. For the poorest countries harmed by the crisis (e.g., Guinea, Haiti, Nepal),…
DetailsThe Australian master franchisee for multinational discount retailer Miniso has collapsed into voluntary administration after the COVID-19 pandemic saw sales tank in recent weeks. Miniso Master Franchisee Pty Ltd, the main revenue generating entity associated with Minisos business in Australia, appointed administrators from Grant Thornton earlier this week, owing an estimated $14.6 million to creditors.…
DetailsA TAB worker immediately realised the trouble he was in after using company money to place $177,000 in bets over three hours. Jason Robert Hill, 47, called his wife to tell her he was driving to the police station after making 220 bets on a Keno Heads or Tails game on March 1 last year.…
DetailsAustralian school students and their parents are millions of dollars out of pocket after the collapse of a travel company specialising in educational tours. Antipodeans Abroad has been sending high school students and university groups from around Australia and New Zealand overseas for nearly 30 years. Find out more in the video above They specialise…
DetailsPLANO, Texas–(BUSINESS WIRE)–J. C. Penney Company, Inc. (OTCMKTS: JCPNQ) today announced that it is aligning its workforce with its store optimization strategy and reduced store footprint. JCPenney has identified 152 store closures following a comprehensive evaluation of store performance and strategic fit for the Company and is having ongoing productive negotiations with landlords. Todays announcement…
DetailsSeveral countries have applied support schemes to help employers manage the financial challenges they are facing and encourage them to retain staff. Pinsent Masons’ Manfred Schmid and Lara-Christina Willems in Germany,Diane Nicol and Chris Evansin the UK, and Valrie Blandeau and Anne Cardon in France explain how the situation has differed for employers in their…
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