The Turnbull government wants to introduce new insolvency laws to provide breathing room for directors in hard times to enable them to try and turn around their business. Releasing draft legislation for discussion on Tuesday, Revenue and Financial Services Minister Kelly O’Dwyer says the aim is to create a ‘safe harbour’ from personal liability for…
DetailsDonald Dawson-Durgan(Photo: Provided/Hamilton County jail) A 39-year-old Forest Park man was found guilty late Monday of killing a man he worked for, in an incident prosecutors said stemmed from gambling debts. Prosecutors said Donald Dawson-Durgan was desperate for money in the days before he shot and killed 64-year-old Anant Singh last year. Dawson-Durgan helped Singh…
DetailsAt the end of January 2017, Falcon Group had a consolidated capital adequacy ratio of over 20 percent and a solid liquidity cushion with a liquidity coverage ratio (LCR) of around 140 percent. Over the last few months, the company has focused on de-risking and fostering its business, and took action to address remaining legacy…
DetailsProfessional golfer Phil Mickelson wont be called to testify at gambler Billy Walterss insider-trading trial because hed invoke his Fifth Amendment right against self-incrimination, a defense lawyer told a judge. The disclosure came at a sidebar conference between lawyers and the judge as they discussed whether the golfer would testify. Mickelson has become a titillating…
DetailsCan you borrow your way out of debt? It may seem a little odd, but borrowing money can be a useful and important first step to paying down debt. How is this possible? With a debt consolidation loan, youll find you might be payin… Read the full article at: http://www.elpasoinc.com/news/your_money/article_17fe87e0-130d-11e7-ab0f-eb93784af0e6.html
Details(PRLEAP.COM) March 27, 2017 – Debt Consolidation USA recently shared in an article published recently some of the things consumers can look at to help them stick to their financial resolutions. The article titled “Financial Resolutions And How To Stick To Them” helps people with valuable tips to enable them to follow through on their…
DetailsDavid Koch discusses if you should lend $100 to a friend Sarah Sultan, 19, is studying Business at the University of Western Sydney and she is worried about the cost of uni books and also paying off her HECS debt. A MAJORITY of university students are under financial strain as they concede paying for their…
DetailsA judge in Kimberley, South Africa, has issued an interim liquidation order against three subsidiaries of dual-listed Rockwell Diamonds. The interim orders, which have to be confirmed in a final hearing, include Rockwell Resources RSA (Rockwell RSA), HC van Wyk Diamonds (HC van Wyk) and Saxendrift mine (Saxendrift). The effect is that an…
DetailsMUMBAI: The Insolvency and Bankruptcy Board of India (IBBI), the newly established regulator to reorganise insolvency laws in the country, is working on guidelines for individuals who want to declare bankruptcy and will also allow voluntary liquidation by companies, chairperson Madhusudan Sahoo said in an exclusive interaction with ET. The IBBI is the nodal agency…
DetailsRevalu8, a self-described Uber of real estate launched in July last year, has sunk into liquidation. Creditors decided to wind up the Queensland startup and appoint a liquidator at a meeting last week, with a software development company owed more than $486,000 out of total debts of $687,938. The Revalu8 service launched last June backed…
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