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BDO United Kingdom | HMRC to crack down on firms seeking 'easy bankruptcy' route
This is because it is concerned over unpaid taxes and is now invoking powers which have rarely been used in the past to make the experience more enduring. Edward Starling, head of business recoveries at Wedlake Bell, told the Independent that a
Updated: 09/05/2011 04:03P

Two local businesses owe $1.8M in back taxes
The BOE is required by law to post this information online every quarter, removing amounts that are being addressed through payment arrangement, bankruptcy, litigation or appeal. Each taxpayer is notified 30 days before their information is posted.
Updated: 09/05/2011 03:27P

Picnic move may lead to new dispute
The disputes over World Gas shares between Picnic and AMC occurred after Picnic had borrowed 200 million baht from AMC by pledging World Gas shares worth 800 million baht for the loan. Later, Picnic failed to repay the debt, prompting AMC to claim the
Updated: 09/05/2011 03:09P

You'll get emails whenever I post articles on OpEdNews
He is the author of several books about integrating narrative and indigenous ideas with modern medicine and psychiatry including Coyote Medicine, Coyote Healing, Coyote Wisdom, Narrative Medicine, and Healing the Mind through the Power of Story.
Updated: 09/05/2011 02:50P

Spain's Martinsa further into red after receivership
Its voluntary entry into receivership in July 2008 with ¤5.2bn in debts was the largest suspension of payments in Spanish history and the first by a Spanish listed real estate firm. It resulted from its failure to secure a ¤150m loan and in order to
Updated: 09/05/2011 02:48P

US Postal Service On Brink Of Bankruptcy
The United States Postal Service could shut down this winter without some emergency help from Congress. The agency says it faces default if it can't make a $5.5 billion payment due this month. The Post Office's deficit is projected to hit more than $9
Updated: 09/05/2011 02:38P

Fmr Viator & Vektor Workers Protest Against Selfish Managerial Practices
Vektor road haulage subsidiary, which recently filed for receivership, protested against the practice of managers leaving behind troubled companies to establish new ones and against a lack of accountability for bankruptcy at companies in Slovenia.
Updated: 09/05/2011 02:02P

Marriott Will Pursue Tens of Millions of Dollars in Damages In Waikiki Takeover
Ed Ryan, Marriott International's executive vice president and general counsel, said, "While we are astonished at such a self-destructive course of action, we of course respect the law and the fact that a bankruptcy filing freezes any other legal
Updated: 09/05/2011 01:58P

Obama arrives downtown for Labor Day address
(Rick) Snyder raising taxes on seniors and working families to pay for a massive corporate tax cut, or GOP presidential candidates like Mitt Romney attacking our auto industry, we are determined to fight for our workers and to fight for middle-class
Updated: 09/05/2011 01:58P

Solyndra closure subject of lawsuit
According to the filing, the workers claim they were not properly notified of their terminations before the company filed for bankruptcy and shut its doors on Wednesday. State and Federal rules require a 60 day notice if there are plans to lay off more
Updated: 09/05/2011 01:55P

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