100 franchisees show interest in legal action against 7-Eleven The lawyer in charge of preparing the class action has confirmed that 40 store owners had formally signed up for the class action suit, while another 60 had expressed interest. An independent panel was created to investigate the alleged wage fraud and so far the panel…
DetailsEveryone has heard of sexually transmitted diseases, but in this liberated world in which we live, financial advisers say sexually transmitted debt is becoming an increasing problem. Key points: Sexually transmitted debt is debt you catch from your partner Can come from rental agreements, guaranteeing loans, signing contracts Expert says talking about money…
DetailsInsolvency Commencement Appointment of a liquidator Priority Onerous property and unprofitable contracts Set-off Challengeable transactions Misfeasance Debt restructuring schemes Accreditation Cross-border issues Insolvency law in the Cayman Islands is principally regulated by the Companies Law (2013) and the Companies Winding Up Rules 2008, which are supplemented by a wide body of case law. The…
DetailsInsolvency Commencement Appointment of a liquidator Priority Onerous property and unprofitable contracts Set-off Challengeable transactions Misfeasance Debt restructuring schemes Accreditation Cross-border issues Insolvency law in the Cayman Islands is principally regulated by the Companies Law (2013) and the Companies Winding Up Rules 2008, which are supplemented by a wide body of case law. The…
DetailsVideo will begin in 5 seconds. More video Recommended Replay video California shooting: 14 dead, multiple shooters Police and FBI officials report that more than 14 are dead and more than 14 are wounded in a shooting in San Bernardino, California. PT2M15S 620 349 Is this the last straw for a city already down –…
DetailsMUMBAI: A number of infrastructure companies, including some major private players, are looking to sell masala bonds, as they seek to reduce the risks associated with external commercial borrowings by moving to this rupee-denominated overseas debt that also comes with easier conditions. As much as $6 billion (about Rs 40,000 crore) could be raised through…
DetailsLewis Hamilton might have won the title but Nico Rosberg ended 2015 as the man in front The Formula 1 season ended on Sunday with a third consecutive victory for Mercedes driver Nico Rosberg, but it is important to remember how the year started. There are now questions about just why Rosberg has hit this…
DetailsRelated Story: Forest contractors may face bankruptcy over Gunns liquidators legal action Australia’s peak forest contractor lobby wants Federal Industry and Innovation Minister Christopher Pyne to include changes to preferential payments in his push for company law overhaul. The liquidators of timber giant Gunns Limited have taken action against forestry contractors…
DetailsGuaranteeing part of your offspring’s home loan can help them get onto the property ladder. The Insolvency Service’s “Village of 100 Insolvent Debtors” must be the saddest village in the country. The imaginary village is the way the Insolvency Services which administers bankruptcies, uses to paint the portrait of those who have gone insolvent. Village…
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