The event was due to be held in Wales next month. The first ever Safe As Milk Festival has been cancelled due to low ticket sales. Due to be held at Pontins in Prestatyn, Wales over April 21-23, the event had performances booked from artists including Jeff Mills & Tony Allen, Actress, Demdike Stare, Karen Gwyer, Princess Nokia…
DetailsComponenta Corporation Stock Exchange Release 30.3.2017 at 9.46 The administrator of the corporate restructuring proceedings of Componenta Corporation and Componenta Finland Ltd has today filed the draft restructuring programmes to the District Court of Helsinki. The administrator is of the opinion that the business of Componenta Corporation and Componenta Finland Ltd can be rehabilitated under…
DetailsWhile recent increases in home-loan interest rates by the Big Four and smaller lenders should help cool growth in lending to more vulnerable buyers, banks still face risks from high household debt and an overheated property market, warned Fitch Ratings. The Big Four and many smaller lenders have raised interest rates on home loans for…
DetailsASHLAND, Ore. — Students at Southern Oregon University say something has to be done to address student debt. Through Senate Bill 1034, Oregon lawmakers are considering a way for residents to deduct the total amount of interest and principal paid on loans throughout the year from their state taxable income. Carolyn Stone said for those…
DetailsKUALA LUMPUR: Social guarantors will no longer be declared bankrupt if borrowers fail to repay their debts. However, this does not absolve the social guarantors from other forms of legal debt recovery. This was one of the key points in the Bankruptcy (Amendment) Bill 2016 which was passed in the Dewan Rakyat yesterday. Social guarantors…
DetailsDisqualified One Nation senator Rod Culleton has played his next card in his campaign against his removal, bizarrely claiming in a 15-page letter to Prime Minister Malcolm Turnbull that courts are invalid because WA has written itself out of the Commonwealth. But the self-described senator in exile appears to have effectively pronounced his own election…
DetailsA small business owner has opened up about the difficulties of managing cashflow in a growing business, after his personal training company Rapid Personal Training entered liquidation yesterday. Insolvency firm Hogan and Sprowles has been appointed to manage the liquidation of Rapid PT, which employs three full-time staff and 17 contractors, and has seven locations spread across Sydney and…
DetailsWICHITA A Parsons woman was indicted Tuesday on federal charges of embezzling more than $5 million from a credit union that was declared insolvent and liquidated in 2014, U.S. Attorney Tom Beall said. Nita Rae Nirschl, 64, of Parsons, is charged in an 81-count indictment including 22 counts of embezzlement, 37 counts of money laundering,…
DetailsOn 30 March 2017, the European Economic and Social Committee (EESC) adopted an opinion on the European Commission’s proposed directive on business insolvency, which is intended to harmonise preventive restructuring procedures across Europe. While fully supporting the Commission’s shift from liquidation to early restructuring in dealing with business insolvency, the EESC proposes a set of…
DetailsThe deadline to file your tax return is quickly approaching. But what if you’re one of the millions of Americans who owes the IRS more money than you can possibly pay? It can happen to anyone – even the most honest taxpayer. You miss something, or you make a mistake. And through no fault of…
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