Carlton Cole has been declared bankrupt despite earning millions over a 16-year career playing in the Premier League and for England. Most known for his time at West Ham, Cole once earned up to £30,000 per week. The 34-year-old was told of the verdict at London’s High Court and hopes his desperate situation can be…
DetailsNATHAN Tinkler has always been very good at collecting enemies. The one-time billionaire’s volatility and reputation for not paying his debts has seen him fallout with countless friends and people hes worked with, even his own family. Amid the wreckage of his collapsed business empire is his only sibling Donna Dennis and former trusted lieutenant Troy Palmer, both…
DetailsDEAD rapper Jett McKee played a balaclava-wearing home invader in a hip hop video three years before he allegedly broke into an inner western Sydney flat two weeks ago. In the video clip, the musician known as Scepaz uses a balaclava and replica gun similar to what he allegedly carried while demanding money in this…
DetailsNATHAN Tinkler has always been very good at collecting enemies. The one-time billionaire’s volatility and reputation for not paying his debts has seen him fallout with countless friends and people hes worked with, even his own family. Amid the wreckage of his collapsed business empire is his only sibling Donna Dennis and former trusted lieutenant Troy Palmer, both…
DetailsOver 1,300 employees of Jyoti Structures, a Mumbai-based engineering and procurement (EPC) company, are heaving a sigh of relief as the National Company Law Appellate Tribunal (NCLAT) has granted a stay on the liquidation order passed against the insolvent firm. Its employees are spread over two manufacturing units in Nashik and Raipur, and at various…
DetailsTelecommunications giant Optus will cut 440 jobs as the company moves to digitisation and automation in a bid to remain competitive in the mobile market. It is an attempt to improve efficiency and become a “world-class” digital service provider, an Optus spokeswoman told AAP in a statement on Wednesday. “As we continue to evolve the…
DetailsFORMER England international Carlton Cole has gone bankrupt despite earning £30,000 a week at the peak of his career. The 34-year-old striker, who played for Premier League clubs Chelsea and West Ham, was given the verdict at London’s High Court. PA:Press Association Carlton Cole earned millions during nine seasons on the books of West Ham…
DetailsAdriano Zumbo’s dessert empire may have been trading insolvent since at least mid 2017, raising questions about the dessert king’s breach of obligations as a company director. In July, three of Mr Zumbo’s companies 611 Pty Ltd, Mel 611 Pty Ltd and I’m So Fancy Pty Ltd went into voluntary administration. According to the administrators’ report, sent to creditors…
DetailsThe Companies (Demerger) (Jersey) Regulations 2018 will take effect on 1 September 2018 and will provide a more flexible regime, including a quicker and more cost effective and flexible route to demergers than the use of schemes of arrangement or other more complex reorganisations. But Mr Amy says that the opportunities created by the amendments…
DetailsDespite making up 20 per cent of Western Australias personal insolvency figures, people in regional WA are faring much better than those in the greater metropolitan area, according to the latest statistics. Statistics for the June quarter from the Australian Financial Security Authority showed that 19 per cent of personal insolvencies in regional areas over…
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