Search results
Results From The WOW.Com Content Network
In February 2011, the appointed administrators of Total Asset Limited, Deloitte, published a report on the firm's activities which revealed the existence of a Serious Fraud Office investigation into TAFs financial dealings, stating that the SFO had entered the company's head office on the 17th of November 2010 to secure financial records.
Liquidation is the process in accounting by which a company is brought to an end. The assets and property of the business are redistributed. When a firm has been liquidated, it is sometimes referred to as wound-up or dissolved, although dissolution technically refers to the last stage of liquidation. The process of liquidation also arises when ...
In October 2018, the company that owned UNILAD went into administration, with owners Harrington and Bentley having incurred debts of £6.5 million and owing taxes of £1.5 million. [25] A day later, managing director John Quinlan denied reports that it had gone into administration, saying the brand is "doing better than ever" and that he was ...
The Social Security Administration (SSA) is wrestling with a "record-breaking backlog" of cases that has led to roughly $1.1 billion in improper payments, according to a new report by the SSA ...
The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
Image source: Getty Images. Medical debt is no joke. Not only does the U.S. have the most expensive healthcare of any country, but medical debt is the No. 1 reason Americans file for bankruptcy ...
President Warren G. Harding's (R-OH) administration was marred by scandals stemming from men in his administration who followed him from Ohio, who came to be known as the Ohio Gang. [120] They include; Albert Fall, Secretary of the Interior, was bribed by Harry F. Sinclair for control of the Teapot Dome federal oil reserves in Wyoming. He was ...
The company announced that its British arm was entering administration (similar to bankruptcy protection in the U.S.) on Monday, just a week after it received a notice from Nasdaq, the U.S.’s ...