A company appearing to run Leicester Montessori Grammar is liquidated – Leicester Mercury

Comments (1) A company which appears to have been running a fee-paying school in Leicester has gone into liquidation owing nearly £340,000. LMS Education and Care Limited is believed to have been running Leicester Montessori Preparatory and Grammar School and has a registered address at the Montessori Group headquarters in Regent Road. Montessori Preparatory and Grammar…

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What if Greece got massive debt relief but no one admitted it? (Part 2.5) – FT Alphaville (registration)

The replacement of market funding with increasingly concessional loans from the official sector may have reduced the Greek governments balance sheet debt by as much as 200bn, yet the headline numbers havent captured any of this alleged gain. In our previous post we looked at whether this was reasonable, focusing on several sets of accounting…

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MIEL Group founder charged with embezzlement declared bankrupt – RAPSI

18:02 14/06/2016 MOSCOW, June 14 (RAPSI) The Moscow Commercial Court has declared founder of one of the largest federal chains of real estate agencies in Russia MIEL Group, Grigoriy Kulikov, who stands charged with multi-million embezzlement, bankrupt, RIA Novosti reported on Tuesday. Bankruptcy procedure has been initiated against Kulikov as an individual entrepreneur. Later all…

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Romania: Rapid Bucharest club declared bankrupt – Bristol Herald Courier (press release) (blog)

BUCHAREST, Romania (AP) Three-time Romanian champion Rapid Bucharest has been declared bankrupt by a Romanian court. The club, which has debts of 4 million euros ($4.48 million), filed for insolvency in 2012. Half of the debts are unpa… Read the full article at: http://www.heraldcourier.com/sports/romania-rapid-bucharest-club-declared-bankrupt/article_69c428b4-e1ab-5280-87ef-1958cab5f613.html

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MIEL Group founder charged with embezzlement declared bankrupt – RAPSI

18:02 14/06/2016 MOSCOW, June 14 (RAPSI) The Moscow Commercial Court has declared founder of one of the largest federal chains of real estate agencies in Russia MIEL Group, Grigoriy Kulikov, who stands charged with multi-million embezzlement, bankrupt, RIA Novosti reported on Tuesday. Bankruptcy procedure has been initiated against Kulikov as an individual entrepreneur. Later all…

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The transformation of UK insolvency litigation – The Global Legal Post (blog)

Nick Rowles-Davies of litigation funder Burford considers the new financing options being explored in insolvency litigation. The UK insolvency space is changing, due to both market and legislative changes. To manage costs more effectively and still fulfill their duties to estate beneficiaries, office holders are increasingly exploring new financing optionsincluding innovative financing structures that…

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