Recently declared bankrupt after a string of disastrous investments, the one-time multi-millionaire Premier League defender has, in his own words, gone “to ground” since being jettisoned by Australia coach Ange Postecoglou before the 2014 World Cup. Postecoglou excruciatingly details the awkward telephone conversation in which he cut short Neill’s 96-cap Soceroos career in his recently…
DetailsRecently declared bankrupt after a string of disastrous investments, the one-time multi-millionaire Premier League defender has, in his own words, gone “to ground” since being jettisoned by Australia coach Ange Postecoglou before the 2014 World Cup. Postecoglou excruciatingly details the awkward telephone conversation in which he cut short Neill’s 96-cap Soceroos career in his recently…
DetailsMURRAY WILSON/FAIRFAX NZ Several months of poor trading and the opening of two supermarkets in Tauranga led to the decision. Another Mad Butcher franchisee has gone into liquidation, the eighth in the past two years. The owners of the Mad Butcher store in Tauranga appointed BDO the liquidators of their company on Monday. Several months…
DetailsIts hard to pick which nation will spark the next major banking crisis. But the latest moves out of China are certainly troubling. Over there, a new debt relief plan for debt-laden companies has been added to a growing list of systemic financial risks that includes unsustainable credit growth and credit-driven malinvestment. The debt relief…
DetailsShaktikanta Das expressed hope that Bankruptcy and Insolvency law would become operational by year end New Delhi: Economic Affairs Secretary Shaktikanta Das on Tuesday expressed hope that the Bankruptcy and Insolvency law would become operational by the end of this year, leading to further ease of doing business. “We have a definite roadmap to implement…
DetailsFamily First senator Bob Day has signalled his intention to stay in the Senate until at least early 2017, despite announcing his resignation this month. In a series of Twitter posts on Wednesday, the embattled South Australian claimed his party and home state would not have adequate representation because a replacement senator couldn’t be appointed…
DetailsNew Delhi: The Insolvency and Bankruptcy Code is expected to become operational by the end of the year, economic affairs secretary Shaktikanta Das said on Tuesday. The government has maintained it is following an aggressive timeline for implementing the law, which is expected to be a game changer for the resolution of insolvency cases. The…
DetailsCraig Richardson – CEO, Wynyard Group Wynyard Group has placed itself in voluntary administration, as the software company battles crippling losses and missed revenue forecasts. Revealed via a statement issued on the New Zealand Stock Exchange, the security focused firm advised shareholders following a difficult period in which the company lost $36.2 million for the…
DetailsSt. Paul, Minn., Oct 24, 2016 / 05:19 pm (CNA/EWTN News).- Personal and student debt can slow down or prevent prospective seminarians and aspirants to religious orders from pursuing their vocations, but one organization with national scope aims to change that. The Laboure Society’s work is critical because thousands of discerning men and women are…
DetailsLONDON Oct 25 London-listed Xcite Energy is set to go into liquidation after bondholders rejected a restructuring plan for the North Sea oil developer, the company said on Tuesday. Trading of the company’s AIM-listed shares was suspended after principal debt holders rejected a plan that would see the exchange of 100 percent of the outstanding…
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