The sister of bankrupted former billionaire Nathan Tinkler is facing bankruptcy after being accused of entering into uncommercial transactions and breaching her directors’ duties. Donna Dennis is alleged to have sold off furniture belonging to two Tinkler family companies for a little more than $100,000 despite being notified that the companies were insolvent due to…
DetailsIn this age of caller ID, most people hesitate to take calls from unidentified numbers to avoid pesky telemarketers, insurance agents or worse, a former flame. But MCAs Head of Public Services and Complaints Department Datuk Seri Michael Chong makes it his business to answer every call that comes through his mobile phone. The year…
DetailsThe holiday season is officially over, and youve probably started assessing the damage done to your credit card balance. While no official numbers have been released, most were expecting retail sales to increase compared to 2015. Continue Reading Below If you ended up spending more than you had originally planned, dont let it ruin the…
DetailsThe directors of Diploma Group face an uphill battle to persuade 500-plus creditors owed more than $50 million to back the failed builders revival as a listed property developer. Administrators of three Di Latte family-controlled Diploma companies painted a bleak picture at creditors meetings yesterday, tipping no material benefits from the known assets of the…
DetailsFind out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com’s Dividend Insider Elite. Sign-up for a FREE trial here. Interface, Inc. (Nasdaq: TILE), a worldwide carpet tile company and global leader in sustainability, today announced a new restructuring plan that will result in pre-tax restructuring charges…
DetailsThe Department of Justice has urged anyone facing up to mortgage difficulties to engage fully with the courts process to ensure a fair hearing following claims thousands of home repossession orders may be open to challenge. Fianna Fáil has called on the government to take urgent action after the Master of the High Court said…
DetailsOn December 18 during a telephone conversation with Bike Europe MIFA owner and CEO Heinrich von Nathusius denied that there were financial difficulties, as was reported by a local newspaper called Volksstimme. He said, We have paid the final amount of just over 2 million euro last week as part of the finalization of the…
DetailsIts fairly common for people to make resolutions at the beginning of the year. Among the most common resolutions are those that have to do with money. Even if you dont have a specific resolution related to money for this new year, you can still improve your finances. One way to do that is with…
DetailsAgencies under ICAI, ICSI see brisk registration in the first month Around 600 senior executives have registered to operate as insolvency professionals (IPs) under the new bankruptcy code, in just a months time. This first set of professionals, who will have to qualify in an online ‘Limited Insolvency Exam’, will…
DetailsA pub operator which owned 18 venues across Yorkshire has entered liquidation. Victoria Road Pub Management Company was behind sites in the Keighley, Bradford and Leeds areas. Mark Wilson of RSM Restructuring Advisory was appointed liquidator on 8 December 2016 after the company was hit by an inability to cover debts. It entered into a…
Details