A single mum who took on Centrelink after they demanded the return of a $40,000 overpayment has had a big win as the case finally comes to a close. Two years ago, Carly Hockey got a series of bills from the government, telling her she had been overpaid thousands in the family tax benefit she…
DetailsFour companies related to Bella Vista Homes have been put into liquidation by Inland Revenue this week. Project Management Limited, Live Wire Limited, Lakes Engineering Limited and Ground Effects Limited were appointed a liquidator in the Hamilton High Court on Monday. Former Bella Vista boss Danny Cancian is the sole director and shareholder of all…
DetailsA controversial new ITV drama stars Sheridan Smith as an online gambling addict who seizes upon lucrative insider information she finds at the City office where she is working as a zero-hours contract cleaner. Cleaning Up, an unashamedly political series, follows Sam, a struggling mother-of-two, who asks why should the greedy bastards get rich while…
DetailsCity needs its cinema I was completely shocked to hear that our wonderful cinema Youthoria would be closing the doors on December 31. This cinema is such a marvelous facility in our beautiful town. The building itself is 92 years old and has such presence and history and ambiance. It offers joy to young and…
DetailsThe IMF has warned for more than a year of rising debt levels in low income countries. Now, bailout talks with Pakistan and requests for help from Angola, Zambia and others are forcing the fund to confront a pressing question: how far is debt distress in the developing world due to lending by China? The…
DetailsBusiness as usual for LBI Media– Company receives $38 million loan from existing lenders to support ordinary course operations Elects to file for Chapter 11 to implement financial restructuring supported by 100% of its first lien debt LOS ANGELES, Nov. 21, 2018 (GLOBE NEWSWIRE) — LBI Media, Inc. (“LBI” or the “Company”) today announced it…
DetailsCredit: Dreamstime IT consulting firm PS&C Limited has divested the Allcom Networks business to managed services provider Crosspoint Telecommunications for $3.2 million. The payment will be broken down in three parts. First a $1 million completion payment is expected, followed by post-completion payments of $1.8 million on 21 May 2019 and $400,000 on 21 November…
DetailsIT services provider PS&C has sold off its Allcom Networks business to Sydney managed services provider Crosspoint Telecommunications for $3.2 million. The decision to offload its communications business was due to Allcom not being cohesively aligned to PS&Cs core strategy, the company said. PS&C said its strengths now lie in security and consulting, with Allcom…
DetailsCity needs its cinema I was completely shocked to hear that our wonderful cinema Youthoria would be closing the doors on December 31. This cinema is such a marvelous facility in our beautiful town. The building itself is 92 years old and has such presence and history and ambiance. It offers joy to young and…
DetailsThe Hyderabad-based construction company IVRCL Ltd is now headed for liquidation, after a resolution plan failed. The Resolution Process, which was moved by the main lender SBI, in the National Company Law Tribunal, Hyderabad, went through the Corporate Insolvency Process under the Insolvency and Bankruptcy Code, 2016. After the Committee of Creditors, which went through…
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