Professional and collegiate sports have historically feared one practice most heavily over anything else: gambling. The threat has been that if an athlete, official or coach became ensconced in major gambling debt, they might accept a bribe from a gambler to alter their performance. Fan confidence in Professional and collegiate sports have historically feared onedanger…
DetailsThe company that runs an awards event promoted as the working womens Oscars is being liquidated with debts of more than 100,000. But the couple who already run the Venus Awards are planning to buy it back out of liquidation and keep going. This years Dorset Venus Awards went ahead at Bournemouths Hilton Hotel on…
DetailsGionee is on the verge of bankruptcy after owing money to financial institutions, suppliers, and advertising and marketing agencies. The total debt is around CNY17 billion (about $2.45 billion), not without the handy help of its chairman Liu Lirong, who lost CNY1 billion while gambling in a casino. In a meeting between company representatives and…
DetailsBluethorne Trading Limited was wound up in the public interest at the High Court on 20 November 2018, with the Official Receiver appointed as liquidator. The company claimed to be an interior design business, operating from an office in Medway, Kent. But the Insolvency Service was made aware of complaints about Bluethorne Trading and following…
DetailsPublished Nov. 27. Updated Nov. 27 at 9:18 pm Security guards patrol in front of the Kyiv office of Russian state-owned VTB bank on Feb. 20. Photo by Volodymyr Petrov Popular on social media Ukraines central bank declared the Ukrainian subsidiary of Russian state lender VTB insolvent due to its declining liquidity and worsening financial…
DetailsPortfolios put into run-off with Darag. New Nordic Advisors has put its wholly-owned Danish subsidiary Qudos Insurance into liquidation with immediateeffect. The unrated Copenhagen-headquartered insurer was closed to new business on 18 October. The investment management company said it had made the latest move after a review of the insurance companys position. It explained that…
DetailsIts that time of year when recent college graduates have to start paying back their student loans grace period is ending, and Fifth Third Bank has a solution. By teaming up with CommonBond, a leading financial technology company, Fifth Third Bank is providing its customers with solutions that could help them save money on…
DetailsUkraines central bank declared insolvent Kremlin-run lender VTBs local subsidiary on Tuesday, ending a long-running struggle over the Russian states role in the country after the annexation of Crimea. The National Bank of Ukraine said it would wind down VTB Ukraines operations after its Moscow parent failed to comply with banking law and the [NBUs]…
DetailsSub: Outcome of 11th Committee of Creditors Meeting Ref: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 – Reg. With reference to the subject cited above, I would like to bring to your kind notice that the 11th Meeting of the Committee of Creditors (COC) of the Company held on…
DetailsPiaggio Aerospace recently declared insolvency, asking for extraordinary administration that would facilitate restructuring, the company confirmed. Under extraordinary administration, the Italian government will appoint a commissar who will work to guarantee business continuity, a spokesman said. The move comes a year after the financially troubled Italianmanufacturer outlined a five-year turnaround plan that included a 255…
Details