Three years after Brian Tyson and partners staged a mass walk out at Kreab Gavin Anderson after a failed attempt at a management buyout to start competitor Newgate Communications (PR advisers to Ardent Leisure), KGA has entered voluntary administration. The first meeting of its creditors is set for Friday at the Sydney office of corporate…
DetailsBARROW families who are struggling with debt will be offered a way out thanks to a new charity-driven partnership. Spring Mount Christian Fellowship, in Abbey Road, Barrow have linked up with Christians Against Poverty (CAP) to offer home visits to people struggling with debt. Free help will be available to anyone who needs counselling on…
DetailsSINGAPORE – Natural resource firm Abterra reassured investors on Sunday (Dec 11) that it is solvent and able to meet its financial obligations. The statement from chief executive Lau Yu, published on the Singapore Exchange website, came after Abterra announced last Wednesday (Dec 7) that controlling shareholder, General Nice Resources (Hong Kong) had been put…
DetailsHowards Storage World has been tipped into administration weeks before Christmas, with a restructuring team from Deloitte appointed to the specialist retailer on Friday. Voluntary administrators Vaughan Strawbridge and David Lombe were appointed to companies that run 29 of the retailer’s stores in New South Wales, Queensland, South Australia and Victoria. Howards Storage World went…
DetailsHowards Storage World has been tipped into administration weeks before Christmas, with a restructuring team from Deloitte appointed to the specialist retailer on Friday. Voluntary administrators Vaughan Strawbridge and David Lombe were appointed to companies that run 29 of the retailer’s stores in New South Wales, Queensland, South Australia and Victoria. Howards Storage World went into voluntary administration last week. Photo: Sean Davey The…
DetailsThe New Insolvency and Bankruptcy Code, 2016 stipulates the maximum time to be taken to liquidate a company to 180 days with an one time extension of 90 days, while earlier it used to take at least four years for the same. With the new law, arises the new opportunities for youth in the form…
DetailsModels present creations from the J. Crew Spring/Summer 2014 collection during New York Fashion Week. Keith Bedford/Reuters U.S. apparel retailer J. Crew Group Inc is taking steps to negotiate with its creditors about cutting the value of its approximately $2 billion debt load, as its struggles with falling sales, people familiar with the matter said…
DetailsMADISON, Al. The Madison Police Department has received information that a Madison City phone number has been used in an automated Debt Consolidation call. The recipient of these calls are prompted to press (1) to help consolidate their debts or provide other related financial services that are not reputable. They often ask for personal financial…
DetailsCape Town Crisis-plagued Western Province Rugby intend mortgaging certain properties they own around the city as security for amounts owed to shareholders Remgro after intended final liquidation of professional arm WP Rugby (Pty) Ltd next week, Sport24 has reliably learnt. This is one planned course of action by the cash-strapped, Newlands-based organisation in a new…
DetailsNational Debt Relief recently shared in an article published November 27, 2016 how consumers can effectively tackle their debt payments. The article titled “Debt Consolidation: 7 Tips on How to Pay Debt Off” takes a look at how debt consolidation can help people understand the program a lot better to give them the chance to…
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