News tagged with “insolvency”. Found:
21 tagged news reports.
Your Search Returned 21 tagged news reports
Dubai Stocks Slump on Dubai World Concerns
Dubai :: United Arab Emirates | about 20 hours ago
Credibility
Dubai shares fell to their lowest level in months on investor concerns that the government might be unwilling to sell its own assets to help repay the debts of the cash-strapped Dubai World conglomerate. The Dubai Financial Market General Index skidded...
Tags: Dubai World, Dubai Finance Department, Dubai Financial Market, Dubai Government, Dubai’s Department of Finance, sell assets, government official, Abdul Rahman al-Saleh, finances department, UAE, United Arab Emirates, Dubai, Investment companies, Business Finance, Developments in Dubai, Nakheel Properties, Persian Gulf, Emaar Properties, Economy of Dubai, Special Economic Zones, Dubai Media Incorporated, Istithmar World, Insolvency, Bankruptcy, Jebel Ali Free Zone, Nasser Hassan Al-Shaikh, Economy of the United Arab Emirates, Finance, Sultan Ahmed bin Sulayem, RMS Queen Elizabeth 2, The Emirates Group
Hansen & Horn admits insolvency
Indianapolis :: IN :: USA | 4 days ago
Credibility Indianapolis homebuilder Hansen & Horn has acknowledged to a creditor's attorney that it's insolvent and will agree to turn over control of the company to a court-appointed receiver. A stipulation to agree to receivership was announced today during a...
Tags: Hansen & Horn Group, Indianapolis, Insolvency, Law in the United Kingdom, Finance, United States bankruptcy law, Bankruptcy, Receivership, Insolvency law
Trustee calls for inquiry into Ariff assets
Sydney :: Australia | 6 days ago
Credibility THE banned liquidator Stuart Ariff has assets of $200 in cash and a claim for unpaid professional fees to satisfy his 37 creditors, who are owed $7.7 million. The figures are contained in Mr Ariff's formal statement of affairs that was lodged yesterday...
Tags: Mr Ariff, law firm, CarLovers, Australia, Sydney, Insolvency, Liquidator, Bankruptcy, Business Finance, Insolvency law, Trustee in bankruptcy, Law Crime
Senate probe bodes badly for ASIC
Melbourne :: Australia | 8 days ago
Credibility So too an examination of the role of liquidators, an area where community resentment has been brewing for years over excessive fees, abuses of power and gross misconduct, protracted settlements, lack of transparency, conflicts of interest and, in some...
Tags: ASIC, Stuart Ariff, Babcock & Brown, Australia, Melbourne, Insolvency, Bankruptcy, One.Tel, Application-specific integrated circuit, Corporations Act
Borders UK collapses putting 1,150 jobs at risk
London :: United Kingdom | 11 days ago
Credibility Borders UK, the beleaguered bookseller, collapsed yesterday afternoon after a day of high drama in which the accountancy firm originally lined up as administrator walked away over a "conflict of interest". The 45-store bookseller, which includes Books...
Tags: MCR, borders uk, United Kingdom, London, Borders, Business Finance, Borders Group, Waterstone's, Bookselling, HMV Group, Supermarket, Insolvency, Finance, Politics, Barnes & Noble, First Quench Retailing, Amazon.com, Bestseller, Bookmark, Retailing, BDO Stoy Hayward, Private equity, Woolworths Limited
Senate to investigate abuse claims
Sydney :: Australia | 12 days ago
Credibility The move follows the case of Stuart Ariff, banned for life as an insolvency practitioner in August, who was accused of charging creditors of various companies for overseas holidays, restaurants and hair appointments. Nationals senator John Williams moved...
Tags: Australia, Sydney, Insolvency practitioner, Insolvency, Insolvency Practitioners Association, Liquidator, Bankruptcy, Administration, Insolvency law, Business law
Rival chief puts Relax in administration
London :: United Kingdom | 13 days ago
Credibility Group, the debt management company, was put into administration by the chief executive of one of its rivals, it emerged yesterday. David Mond, who runs Cleardebt, a rival debt management group, bought Relax’s debt owed to Barclays, thought to be about...
Tags: Mr Mond, Relax, Cleardebt, United Kingdom, London, Insolvency, Finance, Bankruptcy, Administration, Business Finance, Debt, Insolvency law, Business law
Tel Aviv students: Rent here is twice as much as tuition
Niš :: Serbia | 16 days ago
Credibility Tel Aviv University students pay nearly twice as much for living accommodations as they do for tuition, states a Tel Aviv Student Union position paper. The paper was written as part of a bill the union wishes to promote, to ease financial pressure on...
Tags: Africa-Israel, Tel Aviv District Court, Tel Aviv University, Tel Aviv Student Union, thirds quarter, corresponding quarter, TTI, NIS, Serbia, Niš, Tel Aviv, Arc @ UNSW, Education, Social Issues, Ramat Aviv, Pharmacy, Briefs, Underwear, allnews, Africa Israel Investments, Israel, Menachem Brenner, Plastro Irrigation Systems, Tel Aviv Stock Exchange, Bank Hapoalim, Business Finance, 4G, 3GPP Long Term Evolution, Internet Protocol, Universal Mobile Telecommunications System, Republics, Zionism, Bond, Insolvency, Debt, Bankruptcy, Finance
Medical device company ART reaches restructuring proposal after review
Montreal :: Canada | 17 days ago
Credibility Medical device company ART Advanced Research Technologies Inc. (TSX:ARA) said Friday it has signed a deal to be acquired by Dorsky Worldwide Corp. and restructure the company under the Bankruptcy and Insolvency Act. Under the proposal, the company's unsecured...
Tags: Canada, Montreal, Unsecured creditor, Secured creditor, Insolvency, Technology Internet, Bankruptcy, Insolvency law, Finance, Business Finance, Labor
Challenges remain to cut mountain of debt down to size
Glasgow :: United Kingdom | 17 days ago
Credibility Edinburgh Gazette started to resemble a telephone directory, rather than the slim volume of normal times...They have not resembled anything close to normality for well over a year now and the chances of us basking on the sunny uplands of normality any...
Tags: Scotland, United Kingdom, Glasgow, Credit, Bankruptcy, Insolvency, Consumer debt, Administration, Business Finance, Debt, Finance, Insolvency law
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