Key changes to winding-up and insolvency law part two – International Law Office (registration)

Liquidation

Introduction Aims Winding-up process Timescale Missed opportunity? Comment Introduction The Companies (Winding Up and Miscellaneous Provisions) (Amendment) Ordinance 2016 introduces important changes to the administration of the winding-up process, although it is unclear when the changes will come into force. Following on from “Key changes to winding-up and insolvency law“, this update focuses on the…

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Raiders, Hockey ACT prominent sponsor TTM Security in liquidation – The Canberra Times

Liquidation

A prominent sponsor of the Canberra Raiders, and major sponsor of Hockey ACT, is in liquidation, with hundreds of thousands of dollars owed to the Australian Taxation Office. TTM Security’s name appears on the front of the Raiders jersey, above its major sponsor Huawei.  A subsidiary, TTM National Corporate Group, has naming rights on Hockey ACT’s centre at…

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Tata Global Beverages to explore restructuring or selling China operations – Business Standard

Restructuring

Tata Global Beverages (TGBL) is exploring multiple options, including restructuring or sale, for its China operations. TGBL chairman, Cyrus Mistry, acknowledged that the company has had challenges in China operations. We continue to have those challenges and the reason was from a production perspective, he said, responding to a shareholder query on the…

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Consultation on insolvency practitioner standards – Scoop.co.nz (press release)

Liquidation

Thursday, 25 August 2016, 1:08 pmPress Release: New Zealand Government Hon Paul Goldsmith Minister of Commerce and Consumer Affairs 25 August 2016 Media Statement Consultation on insolvency practitioner standards Commerce and Consumer Affairs Minister Paul Goldsmith has today released part one of the review into insolvency law, which discusses and sets out recommendations on the…

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Don’t just muse about veterinary student debt – take action to help – Colorado State University News (press release)

Debt Help

The following op-ed rebuttal was written by leaders in the CSU College of Veterinary Medicine and Biomedical Sciences in response to a letter to the editor published Aug. 1, 2016, in the Fort Collins Coloradoan. It was submitted to the paper in shortened form and is shared here for the college and campus communities. Veterinary…

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Birmingham man who promised mortgage help pleads guilty to stealing – Detroit Free Press

Debt Help

Pasquale Longordo, 39, pleaded guilty in Oakland County Circuit Court to two felonies involving a mortgage and debt relief scam.(Photo: Michigan Attorney General) Story Highlights Birmingham man allegedly promised to help modify mortgages but took money to use for personal gain. A credit card debt management service did not negotiate debt with credit card companies.…

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Want to help 1.6 million households in extreme debt? Raise their incomes – Left Foot Forward

Debt Help

Austerity has fuelled a personal debt boom caused by low incomes and wages It is well known that economic growth has still been excessively reliant on households, despite the unprecedented falls in real earnings of recent years. Today the Trades Union Congress publishes analysis that shows just how heavy pressures on some households have become. The…

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Tata Global Beverages to explore restructuring or selling China ops – Business Standard

Restructuring

Tata Global Beverages (TGBL) is exploring multiple options, including restructuring or sale, for its China operations. TGBL chairman, Cyrus Mistry, acknowledged that the company has had challenges in China operations. We continue to have those challenges and the reason was from a production perspective, he said, responding to a shareholder query on the…

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