Credit Intelligence (ASX:CI1) CEO Jimmie Wong speaks to The Capital Networks Executive Director Lelde Smits about why global debt is increasing and how personal bankruptcy is becoming a bigger threat. Mr Wong holds a Bachelor of Laws degree from the University of Hong Kong and has over 20 years experience as a leading insolvency lawyer…
DetailsWe moved into a new house which had gas and electricity supplied by Green Star Energy. In the five months since, weve been unable to get our names on the account, despite repeated calls, while at the same time we were being sent increasingly aggressive demands for payment. It tells us that without our names…
DetailsBy Ryan ClarkNKyTribune reporter In April 2017, the City of Covington received its credit rating from the Moodys financial services company. While the city was lauded for improving its financial situation, it was also told it needed to pay off some of its debt. That year, the citys debt was 10.8 percent of the citys…
DetailsMore than 465 bricks-and-mortar stores closed their doors for good in the US over the weekend, sparking headlines that the retail apocalypse is alive and well. And while the store closure surge was primarily driven by retailers, such as Gap, J.C. Penney and Victorias Secret, rightsizing their footprints after a slow December, rather than businesses…
Details.story-content span,.story-content p,.story-content div{color:#000!important;font-family:open sans,Arial!important;font-size:15px!important} span.p-content div[id^=div-gpt]{line-height:0;font-size:0} Of the 11 steel making entities named in the Reserve Bank of Indias list of large corporate defaulters, four have completed their corporate insolvency resolution process (CIRP), with the lenders realising claims to the tune of Rs 44, 500 crore with an average haircut of 47 per cent.…
DetailsA Kiwi businessman was still an undischarged bankrupt when he became a director of a company that was later found to have been involved in a scamming operation across the Tasman. Photo: Screengrab / ABC New Zealander Eddie Kang, who was director and co-director of more than 30 now-removed businesses in the country, was declared…
DetailsIf youre having to consider the option of an Individual Voluntary Arrangement then its perfectly understandable that youll want to source the very best advice according to your individual circumstances and even that of your family. In this article we take a closer look at what you should look for in an Insolvency Practitioner; together…
Detailsnews, local-news, Kiely Plumbing, Howrah Plumbing, Hans Verdouw, Michael Kiely Ulverstone-based firm Kiely Plumbing has bought the Burnie division of Howrah Plumbing for an undisclosed sum. Co-owner Michael Kiely said the expansion of the business, which was set up in 1967, meant great things ahead. Were keeping an office in Burnie and have 11 more…
DetailsTop clients: Higgins Signs has an enviable client portfolio, including Tommy Guns Queensland sign business Higgins Signs & Plastics is in voluntary administration, a week after the ATO issued a winding-up order against the company. Established in 1989 by Robert Higgins and a small team of dedicated tradesmen, Higgins Signs has been producing premium quality…
DetailsWith the ever growing problem of student gambling, Scott Davies – former footballer for Reading FC – visited our school on Friday the 1st of February to discuss how his gambling addiction affected his footballing career. In a recent study by YouthSight, conducted on 1,000 people, 1 in 8 undergraduate students admitted to skipping lessons…
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