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Homebuyers 'unprotected' from bankrupt real estate agent Shane Snellgrove, commissioner warns
2014-08-11 06:32:09| Real Estate - Topix.net
The state's Commissioner for Consumer Affairs, Dini Soulio, said Shane Snellgrove remains active despite having his registration cancelled in September and being declared bankrupt by the Federal Circuit Court of Australia.
Tags: real
estate
agent
real estate
Bankrupt Energy Future to Auction Stake in Oncor
2014-07-25 01:30:51| Oil & Gas - Topix.net
Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission.
Tags: future
energy
auction
stake
Bankrupt Energy Future to Auction Stake in Oncor
2014-07-25 01:10:49| Energy - Topix.net
Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission.
Tags: future
energy
auction
stake
Gowex goes bankrupt after CEO admits falsifying accounts
2014-07-07 08:12:00| Telecompaper Headlines
(Telecompaper) Spanish wireless internet services provider Gowex is to file for bankruptcy after its CEO and founder Jenaro Garcia admitted that he had falsified the company's accounts for at least the past four years. "I made a voluntary confession in court. I want to collaborate with justice. I will face the consequences," said Garcia on Twitter, having earlier posted "I ask everyone for forgiveness. I am deeply sorry." In a statement to Spain's stock market regulator CNMV, the board of Gowex said it had accepted Garcia's resignation and that in anticipation it would be unlikely to be able to meet debt repayments the board had agreed to file for bankruptcy and was looking at additional measures to protect the company's interests. On 04 July Gowex said it had hired PricewaterhouseCoopers to prepare a "full disclosure forensic report" in response to the critical research note from US firm Gotham City Research that triggered the company's collapse. The note posted on Gotham's website accused Gowex of overstating its sales and operations, saying that its real value was "zero" and that "Gowex's actual wireless revenues are at most 10 percent of what it reports in its financial statements." It also said that Gowex appeared to be operating far fewer Wi-Fi hotspots than it claimed.
Tags: accounts
ceo
admits
bankrupt
Missed deadline could make American Apparel bankrupt
2014-07-06 01:41:25| Apparel - Topix.net
The cash-strapped retailer has let a July 4 deadline come and go on the repayment of $10 million in debt, and lender Lion Capital could force the company into bankruptcy unless it gets assurances about its plans by Monday morning, The Post has learned.
Tags: make
american
apparel
missed
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