Neal Simpson The Patriot Ledger @nsimpson_ledger BOSTON – Three men accused of helping run an illegal gambling operation have been charged with kidnapping a man in Quincy last year to try to get him to repay nearly $40,000 in gambling debts. Vinh Huynh and Kim Nguyen of Dorchester, and Quang Le, of Rockland, were…
DetailsShareholders have approved Lotte Groups plan to set up a holding company by splitting and then merging its four affiliated units, in a move the South Korean conglomerate says is aimed at simplifying its complex ownership structure. Investors in the retail groups four units Lotte Shopping, Lotte Confectionery, Lotte Chilsung Beverage and Lotte Food approved…
DetailsONE of Dalby’s largest employers Ostwald Bros., announced this morning they are placing themselves into voluntary administration. In a statement this morning, Managing Director, Brendand Ostwald said a “downturn in mining and infrastructure” lead to the decision. “It is with deep regret we announce, we are placing Ostwald Bros Group and Ostwald Construction Materials into…
DetailsOstwald earthmoving plant preparing a feedlot site near Chinchilla PROMINENT Darling Downs civil engineering and construction firm Ostwald Brothers has been placed in voluntary administration. Ostwald Bros is well known across the agriculture sector for its work in feedlot construction and expansion, and earthworks associated with irrigation development. The company also has close business connections…
DetailsAs the storm Harvey devastates Texas and aims for Louisiana, local, state, and federal officials have already begun warning that the clean up and recovery effort will require a massive amount of resources. That effort will require action by the federal government and Congress. And it comes at a time when Congress is already facing…
DetailsIn the first round, the RBI had used a benchmark criteria based on which the 12 firms had been identified. As per the criteria, all large corporate accounts with fund and non-fund based exposure of Rs 5,000 crore and above each, and where more than 60 percent of the loans had turned bad as on…
DetailsRetired Dublin solicitor and former property tycoon Brian ODonnell exited bankruptcy yesterday, The Irish Times reports. Ms Justice Costello formally discharged him from bankruptcy at a sitting of the High Court yesterday. Mr ODonnell and his wife, Mary Patricia, were judged bankrupt by the High Court in August 2013 in a finding confirmed by the…
DetailsShutterstock photo By Jamie Freed SINGAPORE, Aug 29 (Reuters) – Asia’s second-biggest aircraft lessor, BOC Aviation Ltd, posted a 13 percent rise in half-year net profit but its CEO warned of a potential fall in industry yields from next year as lessors globally absorb more aircraft deliveries. “There is going to be some…
DetailsDebt consolidation is one of the most popular debt repayment program for consumers and National Debt Relief aims to help individuals seeking to use the program. The article titled “Before Getting A Debt Consolidation Loan, Ask Yourself These Three Questions” released August 25, 2017 shares some of the questions consumers need to ask themselves before…
DetailsNEW DELHI: The Reserve Bank of India (RBI) is readying to release a second list of loan defaulters that may contain some 30-40 companies, including the likes of Videocon, Castex Technologies, Visa Steel and JSPL, ETNow reported. Most of the companies on the list are said to be from the infrastructure and power sectors. ETNow…
Details