Share this: The manner in which the law is currently being implemented seems to focus more on expeditious operationalisation rather than effective implementation. The Bombay Stock Exchange (BSE) building is illuminated during a special muhurat trading session for Diwali, the festival of lights, in Mumbai, India, November 11, 2015. Credit: Shailesh Andrade/Reuters/Files The Insolvency and…
DetailsRobert Steven Pacific T & R’s plant at Miro St, Taupo. A large Taupo employer has gone into liquidation weeks before Christmas, with all employees losing their jobs. Pacific T&R opened its Miro St plant in February 2015. It employed 44 people. The privately-owned company was breaking new ground; extracting rosin from pine tree stumps, which are…
DetailsFormer Billabong boss Matthew Perrin has accused his ex-wife of fabricating a confession and making him sign it when he was “contemplating suicide”. The former CEO is on trial in Brisbane District Court for fraud and forgery after he allegedly faked signatures on bank documents in 2008. Play Video Don’t Play Market calls: what was…
DetailsMatthew Perrin wept in court as he confessed to faking his ex-wife’s signature in $13.5m fraud. Former Billabong boss Matthew Perrin arrives at the District Court in Brisbane on Wednesday. Picture: Dan Peled/AAP FORMER Billabong boss Matthew Perrin has admitted he regularly signed his wifes name on legal documents. The former CEO is on trial…
DetailsFormer Billabong boss Matthew Perrin has accused his ex-wife of fabricating a confession and making him sign it when he was “contemplating suicide”. The former CEO is on trial in Brisbane District Court for fraud and forgery after he allegedly faked signatures on bank documents in 2008. Play Video Don’t Play Unexpected employment result Play…
DetailsSome 499 people were declared bankrupt in 2015 – a 760pc rise on just two years previously. The figures were contained in the Insolvency Service of Ireland (ISI) annual report, which was laid before the Oireachtas yesterday. The Irish Mortgage Holders Organisation said it believed at least 80pc of the bankruptcy cases would have involved…
DetailsFormer Billabong boss Matthew Perrin has admitted he regularly signed his wife’s name on legal documents. The former CEO is on trial in the Brisbane District Court for fraud and forgery after he allegedly faked his wife’s signature on bank documents in 2008. Play Video Don’t Play Unexpected employment result Play Video Don’t Play Video…
DetailsHouseholds have too much debt and the RBA might have to cut interest rates up to three times to ward off a dramatic de-leveraging event in the economy. Credit Suisse strategist Damien Boey argues the output gap in the economy is widening at a time when households are past the “break-even” level of leverage. In fact, at a…
DetailsEuropean creditors have pulled a recently announced debt relief package for Greece in protest at subsequent budget spending measures announced by Athens. Greek stocks fell sharply and the governments borrowing rates jumped higher as investors fretted over a potential flare-up in the countrys bailout problems and the possibility of early elections in the country. The…
DetailsATHENS European creditors on Wednesday pulled a recently announced debt relief package for Greece in protest against subsequent spending measures announced by Athens. Greek stocks fell sharply and the government’s borrowing rates jumped as investors fretted over a potential flare-up in the country’s bailout problems and the possibility of early elections in the country.…
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