A NUISANCE call centre handed one of the biggest fines in consumer history is entering liquidation, according to letters sent to its former employees. Earlier this month, The Gazette was contacted by staff at Media Tactics, based in Chineham Business Park, who said the firm had let all its employees go as a result of it…
DetailsJOSEPH JOHNSON/FAIRFAX NZ Rolleston is one of Canterbury’s fastest growing towns. The $13 million failure of property company FCL Holdings (in liquidation) means a planned special housing subdivision at Rolleston near Christchurch is unlikely to proceed in the near future. FCL entered a purchase agreement in mid-2016 to buy the rural block from interests associated with Dryden Trust and Dean and…
DetailsLaetitia and Edward Lues, shown with baby Isabelle, paid $130,000 to Stephen Foley but have only an unusable foundation on their Gulf Harbour section. Photo / Doug Sherring A building company has collapsed owing almost $2 million to 130 creditors including 30 homeowners who have been left in the lurch, some of them for the…
DetailsVIENNA (AFP) Vienna til I die! chanted the fans, in accented English, at a recent rainy match, testament to the British roots of Austrias oldest soccer club: the once-mighty First Vienna FC 1894. But while the few hundred diehard supporters give it their all week in week out, the now dilapidated terraces of what was…
DetailsTHIS is the bankrupt gambler who helped to bring down the biggest home builder in NSW, and in so doing, inflicted financial misery on thousands of innocent people. Mark Peters, 43, was a pest controller sub-contracted to Beechwood Homes when he convinced its owner, Larry King, to go into partnership with him and buy a…
DetailsAlphabet Inc CEO Larry Page stated that the holding corporate structure for search system Google and a host of new businesses has been successful in developing more transparency for investors. As the two-year anniversary of Alphabets business restructuring approaches, Page wrote in a letter to investors that the model has empowered business owners outside its…
DetailsSAN JUAN, Puerto Rico U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis. Continue Reading Below Trump issued a Twitter blast aimed at efforts to help the…
DetailsThe loan is worth 22 million euros. The World Bank Executive Board approved on Friday a 22 million euro loan and a 350 million euro guarantee to Croatia for the modernization and restructuring of the road sector, reports tportal.hr on April 29, 2017. The project of restructuring and modernization of the road sector aims to…
DetailsA crook who was found with stolen items from his 86-year-old neighbours home has been declared bankrupt after racking up debts of more than £7,000. George Lamb, 29, of Ballindean Road, was jailed for 30 months at Dundee Sheriff Court in November last year after being caught with the goods just two days after being…
DetailsThe Treasurer, Scott Morrison, strayed into some rather silly territory this week in a speech seeking to lay down a new set of markers for the budget, divvying up government debt into “good” and “bad” debt. In a small way, it’s nice to have a concession at last – that government debt is not always…
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