Clive Palmer has made light of a damning letter administrators claim shows Queensland Nickel was trading while insolvent for a month and a half before they were called in. The November 27, 2015, a letter from rail freight operator Aurizon declares the company in default of a $12.5 million debt and calls for payment within 28 days,…
DetailsNewsWritten by Sam Murphy on September 15, 2016 The internet can really drag musicians down sometimes but it can also lift them up when they most need it. US rapper Nellys time of need is right now and the internet has swiftly devised a plan to help him out. The Hot In Here hitmaker has…
DetailsBrunel Law School has appointed two new high-profile academics to teach the universitys portfolio of corporate law courses to undergraduate and postgraduate students. Emeritus Professor of Corporate Law at the University of Oxford, Professor Dan Prentice, and the chair of the company law committee of the Council of the Bars and Law Societies of the…
DetailsIt didn’t bode well for the press conference of colourful gambling figure Eddie Hayson when his PR agent Max Markson pointed out that the venue – the Intercontinental’s Premier’s Room was once the office of Premier Robert Askin. The fact that Premier Askin was notoriously corrupt was not mentioned. Previous slide Next slide Eddie Hayson vs…
DetailsOAKLAND, Calif. (KGO) — There will be two ships arriving at the Port of Oakland from Hanjin, which declared bankruptcy two weeks ago. One of them, The Hanjin Greece, made its way under the Golden Gate Bridge just after 4 p.m. Wednesday with 450 containers for eager businesses that have been anxiously awaiting their arrival.…
DetailsClive Palmer waves to media as he arrives to face further grilling over the Queensland Nickel collapse on Thursday morning. CLIVE Palmer has launched a High Court bid to halt a public examination into the collapse of Queensland Nickel. The businessman is due before the High Court in Brisbane on Thursday afternoon in a case…
DetailsThe collapse of South Korean company Hanjin Shipping has left ships, cargo and crews stranded around the globe. It highlights the complex consequences of a shipping company going bankrupt, with Hanjin’s creditors and customers waiting to see whether the business can be saved. Hanjin Shipping Co is one of the world’s top ten…
DetailsKSDK Staff , KPNX 5:09 PM. MST September 14, 2016 Rapper Nelly performing (Photo: Custom) One of the most successful entertainers of the millennium needs your help to pay the bills. The federal government has filed a $2.4 million tax lien against rapper Nelly. According to the St. Louis Business Journal, he also owes the…
DetailsTwo industrial companies owned by a Kettering-headquartered specialist investment firm have fallen into administration, Insider can reveal. Hughes Armstrong Industries, which acquires or invests in underperforming British manufacturing companies, has been hit by the administration of Brighouse-based BCI Brewchem Ltd, a manufacturer of steelwork structures used in the food, beverage and water industries, and Halifax…
DetailsThe number financial restructuring and insolvencies is on the rise in the Asia Pacific region and despite low interest rates helping to cushion borrowers, depressed commodity prices have taken the number of global corporate defaults to their highest levels since 2008. For lawyers, an increase in work with respect to distressed situations is only likely…
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