Thirteen months after Mr Osborne joined C8, the company went into liquidation with an estimated $5 million in advised debts. Fairfax Media could not reach Mr Macolino for comment, while Mr Osborne declined to comment. Among the creditors were the National Australia Bank, with a claim of $2.4 million, and Qantas, with $149,000 in claimed…
DetailsA Cornwall construction firm that specialises in the construction of high-value properties, prestigious refurbishments and multi-dwelling sites in Cornwall will enter liquidation this month, it has been confirmed. Speculation has been rife regarding the future of Nova Construction (Cornwall) Ltd, based at Marlin House on Agar Way in Pool near Redruth, which was said to…
DetailsCommenting on the announcement from the Department for Business, Energy, and Industrial Strategy on corporate governance and corporate insolvency framework reform proposals, William Ballmann, Yorkshire council member for R3 and consultant at Gateley plc in Leeds, says: R3 welcomes the governments long-awaited announcement that it is moving forward with its corporate insolvency framework reform proposals,…
DetailsMcErlain’s Bakery announces 40 jobs after avoiding insolvency BelfastTelegraph.co.uk McErlain’s Bakery, the Co Londonderry firm rescued from insolvency under two weeks ago, is set to create 40 new jobs. https://www.belfasttelegraph.co.uk/business/jobs/mcerlains-bakery-announces-40-jobs-after-avoiding-insolvency-37271403.html https://www.belfasttelegraph.co.uk/business/northern-ireland/article37271402.ece/0f726/AUTOCROP/h342/2018-09-03_bus_43727207_I1.JPG Email McErlain’s Bakery, the Co Londonderry firm rescued from insolvency under two weeks ago, is set to create 40 new jobs. After a last-minute…
DetailsDo you know the address of your companys registered office? You should know it might not be the same as your principal place of business. Understanding the difference between the two could save immense stress, legal costs and your company. The address of a companys registered office is the place where documents can be effectively served.…
DetailsDemand for help with debts is expected to reach a five-year high across 2018 as people increasingly find themselves struggling with everyday household bills, according to a charity. National Debtline, which is run by the Money Advice Trust (MAT), predicts it will have received 189,000 calls by the end of 2018 its highest level of…
DetailsA private letter ruling from the IRS on one employer’s effort to address student debt through its defined contribution plan could wind up spurring more plan sponsors to follow suit. Helping employees manage growing levels of student loan debt falls under a broader effort among employers to promote employee financial wellness, which…
DetailsDo you know the address of your companys registered office? You should know it might not be the same as your principal place of business. Understanding the difference between the two could save immense stress, legal costs and your company. The address of a companys registered office is the place where documents can be effectively served.…
DetailsStart-ups that are most in need of government safe harbour laws to protect directors of struggling companies from bankruptcy liabilities, are failing to take up the option, locked out thanks to high advisory costs and tax debts. The laws, which were introduced almost a year ago, are designed to protect directors of a company from…
DetailsDo you know the address of your companys registered office? You should know it might not be the same as your principal place of business. Understanding the difference between the two could save immense stress, legal costs and your company. The address of a companys registered office is the place where documents can be effectively served.…
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