A company which provided school improvement, governor support and other services to hundreds of schools in Buckinghamshire is to go into liquidation, citing changes to national education policy. Trustees of Buckinghamshire Learning Trust have confirmed that the company, formed in 2013 to run certain services outsourced by Buckinghamshire County Council, has ceased trading. Despite exploring…
DetailsOne of Australias most prominent tech startups – custom footwear-maker Shoes of Prey – has filed for insolvency. Helpfully, co-founder Michael Fox has explained why in a Medium post. The TL;DR: even though it had a loyal fan base among well-heeled women who appreciated its shoe customisation service, the company was never profitable and couldnt…
DetailsIn Brewer & Anor v Iqbal [2019] EWHC 182 (Ch) the joint liquidators of ARY Digital UK Ltd, Richard Brewer and Mark Wilson, brought breach of duty claims against the former administrator of the company, Zafar Iqbal. The court heard how Iqbal had sold the companys business and assets back to the directors in a…
Details30-second summary 250-620 deaths each year in the UK are linked to gambling Scottish MP calls for gambling companies to take action against problem gambling 140m could be brought in each year with 1% statutory levy aimed at gambling companies A Scottish National Party MP has written an article in the press, in which he…
DetailsThe restructure would result in 900 job losses and the departure of two of its most senior executives,consumer bank chief George Frazis and BT chief Brad Cooper. TS Lim, banking analyst at Bell Potter, said the decision would further “de-risked” the bank. “There will be a loss in revenue upfront with cost savings later, so…
DetailsEclipx went into an ASX halt on Monday pending a trading update, which on Wednesday delivered the bleak news that most investors had been expecting. Eclipx said net profit was down 42.4 per cent compared with the first five months of 2017-18, with the decline having worsened in February. It declined to be specific on…
DetailsBUFFALO A Salamanca man has pleaded guilty to federal charges stemming from his fraudulent debt restructuring business that reportedly scammed 200 people out of $1.2 million. Sergiy Bezrukov, 35, of Salamanca and formerly of Queens, pleaded guilty Monday in U.S. District Court in Buffalo to conspiracy to commit bank fraud and money laundering, the U.S.…
DetailsThe Revenue Department has linked its information with the Legal Execution Department to better chase down the tax liabilities of people who went bankrupt. Cooperating with the Legal Execution Department via this technology allows the Revenue Department to get real-time information, which could help it expedite collection of unpaid tax from bankruptcies, said Ekniti Nitithanprapas,…
DetailsSource: AASV Dr. Chelsea Stewart, a 2016 graduate of Iowa State Universitys College of Veterinary Medicine and continuous AASV member since joining as a student in 2013, received the newly established AASV Member Student Debt Relief Scholarship in Orlando, Fla., on March 11. The purpose of this new $5,000 scholarship is to help relieve the…
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