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Dublin: 18 °C Thursday 19 September, 2019

#Bankruptcy

From The42 3 years after going bust, Parma back in Serie A Rejuvenated

3 years after going bust, Parma back in Serie A

It was their third successive promotion after being dumped into the fourth division.

From TheJournal.ie Official tells court that Sean Dunne is owner of €58 million Dublin 4 property Bankruptcy

Official tells court that Sean Dunne is owner of €58 million Dublin 4 property

Dunne denies being the owner of the property and says it was bought in trust for his wife.

From TheJournal.ie US territory of Puerto Rico wants to go bankrupt over $70 billion debt San Juan

US territory of Puerto Rico wants to go bankrupt over $70 billion debt

The island’s poverty rate is over 45%.

From TheJournal.ie Can Mick Wallace still be a TD after being declared bankrupt today? Bankrupt TD

Can Mick Wallace still be a TD after being declared bankrupt today?

Wallace said that the court’s decision to declare the Wexford TD bankrupt “was just a matter of time”.

From TheJournal.ie New scheme will see 793 people walk away from bankruptcy today Fresh Start

New scheme will see 793 people walk away from bankruptcy today

A new scheme will also be offer free advice from personal insolvency practitioners.

From TheJournal.ie David Drumm has dismissed his entire legal team Ibrc

David Drumm has dismissed his entire legal team

He will now represent himself.

From TheJournal.ie Seán Dunne's wife won't profit from the sale of luxury hotel Gayle Killilea

Seán Dunne's wife won't profit from the sale of luxury hotel

South Africa’s top court made the decision last week.

From TheJournal.ie Tony O'Reilly is going bankrupt in the Bahamas End Of The Line

Tony O'Reilly is going bankrupt in the Bahamas

The former billionaire is expected to apply for the court protection today.

50 Cent didn't take too kindly to being called 'broke'

The rapper was reported to have declared bankruptcy in July. But he’s still doing OK…

From TheJournal.ie David Drumm has been arrested in the US Extradition

David Drumm has been arrested in the US

The former Anglo Irish Bank CEO will appear in court on Tuesday for an extradition hearing.

From TheJournal.ie 50 cent doesn't have a dollar to his name Get Rich Or Go Bankrupt

50 cent doesn't have a dollar to his name

No, we won’t be partying like it’s your birthday.

50 Cent declared himself bankrupt and the internet quickly reacted

You can always count on the internet for witticisms at times like this.

From TheJournal.ie Over 500% increase in people being declared bankrupt Broke

Over 500% increase in people being declared bankrupt

There has been a 568% increase in the number of bankruptcy adjudications before the courts.

From TheJournal.ie It sounds like David Drumm has backed himself a winner Sharp Legal Mind

It sounds like David Drumm has backed himself a winner

The ex-Anglo chief has a new defence lawyer who boasts a 90% win rate in white collar crime trials.

From TheJournal.ie David Drumm isn't giving up on his bid to go bankrupt in the US Drummer Boy

David Drumm isn't giving up on his bid to go bankrupt in the US

The former Anglo CEO filed appeal papers last night.

From TheJournal.ie Thinking of going bankrupt? It's a lot cheaper than it used to be... Insolvency

Thinking of going bankrupt? It's a lot cheaper than it used to be...

The cost is now less than a fifth what it was two years ago.

From TheJournal.ie The interesting bits you need to read from the David Drumm ruling Anglo
From TheJournal.ie Full judgement: What the US judge ruled on former Anglo boss David Drumm Lies Damned Lies

Full judgement: What the US judge ruled on former Anglo boss David Drumm

The 122 page ruling is damning in its assessment of Drumm’s testimony.

From TheJournal.ie US court calls David Drumm on his "outright lies" as he fails in bankruptcy bid Anglo

US court calls David Drumm on his "outright lies" as he fails in bankruptcy bid

The judgement was delivered earlier today, calling the Anglo CEO “not remotely credible”.

From TheJournal.ie Irish people in debt are still looking to the UK to fix their money problems Bankruptcy

Irish people in debt are still looking to the UK to fix their money problems

Only 311 insolvency applications have been approved to date in Ireland.

From TheJournal.ie Bankruptcies have increased more than 750% since four years ago Going Under

Bankruptcies have increased more than 750% since four years ago

New figures also show a rise in start-ups and a fall in the number of businesses going under.

From TheJournal.ie Nama and Ulster Bank block Sean Dunne's bid to dismiss bankruptcy This Ain't Over
From TheJournal.ie Sean Dunne's bankers want to seize his Shrewsbury Road mansion Baron Of Ballsbridge

Sean Dunne's bankers want to seize his Shrewsbury Road mansion

The bank says it is owed over €12 million for a property it values at €4 million.

From TheJournal.ie Detroit to find out today if it can exit bankruptcy Motoring Back

Detroit to find out today if it can exit bankruptcy

The city has started turning itself around after filing for bankruptcy protection last year.

From TheJournal.ie Stop paying your mortgage. Don't leave your home - new advice from the IMHO Hardball

Stop paying your mortgage. Don't leave your home - new advice from the IMHO

The IMHO is playing hardball, and will today launch a controversial ‘no surrender’ policy on debt solutions.

From TheJournal.ie Explainer: David Drumm's trial continues in the US - but what's it all about? Anglo Irish Bank

Explainer: David Drumm's trial continues in the US - but what's it all about?

It’s day two and Drumm has already admitted to forgetfulness and lying.

From TheJournal.ie Sean Dunne's wife could be questioned during bankruptcy case Bankruptcy

Sean Dunne's wife could be questioned during bankruptcy case

The court has also ordered the former developer to produce more financial documents within the next two weeks.

From TheJournal.ie Former Anglo boss David Drumm facing fraud allegations in America Bankruptcy

Former Anglo boss David Drumm facing fraud allegations in America

An itemised list of allegations of fraud was handed to a judge yesterday ahead of his bankruptcy trial.

From TheJournal.ie Opinion: Don't let the word 'bankruptcy' scare you, it is now a viable option Bankruptcy

Opinion: Don't let the word 'bankruptcy' scare you, it is now a viable option

Bankruptcy is a recognition and embrace of failure. If properly understood people can emerge from it stronger than before, writes Ross Maguire SC.

From TheJournal.ie Insolvency chief blasts Bank of Ireland Bad Bank

Insolvency chief blasts Bank of Ireland

The state-backed lender’s refusal to engage with personal insolvency legislation is in the crosshairs.

From TheJournal.ie Jillian Godsil to run in European elections after scrapping of law barring bankruptees Election 2014

Jillian Godsil to run in European elections after scrapping of law barring bankruptees

At the end of February Jillian Godsil was declared bankrupt in Ireland.

From TheJournal.ie MtGox abandons its plans to rebuild and files for liquidation End Of The Road

MtGox abandons its plans to rebuild and files for liquidation

If the Tokyo court approves of MtGox’s request, a trustee will be appointed, who will take over management of the company’s assets from its CEO, Mark Karpelés.

From TheJournal.ie Ban on bankrupts running for Dáil to be lifted No Stigma

Ban on bankrupts running for Dáil to be lifted

A government spokesperson said that this was an “essential destigmatisation”. .

From TheJournal.ie Bankrupt Jillian Godsil takes constitutional challenge to run in elections Courts

Bankrupt Jillian Godsil takes constitutional challenge to run in elections

The campaigner is fighting to be allowed run in upcoming elections, despite her bankruptcy.

From TheJournal.ie Bitcoin exchange MtGox files for US bankruptcy protection Bankruptcy

Bitcoin exchange MtGox files for US bankruptcy protection

The move temporarily suspends US legal action against the company which the company claims will cost it significantly.

From TheJournal.ie Bitcoin exchange MtGox files for bankruptcy after major theft Game Over

Bitcoin exchange MtGox files for bankruptcy after major theft

MtGox’s debts totaled more than $65 million and its chief executive said 850,000 bitcoin, worth several hundred million dollars, are unaccounted for.

From TheJournal.ie ‘I’ve given six years to my debt, tried selling my home on YouTube and now I’m bankrupt’ Bankrupt

‘I’ve given six years to my debt, tried selling my home on YouTube and now I’m bankrupt’

Jillian Godsil says the personal insolvency laws are not designed for ordinary people saying she had no other option but to file for bankruptcy.

From TheJournal.ie Prediction that Government forecast for bankruptcies could be exceeded by 100 per cent New Rules

Prediction that Government forecast for bankruptcies could be exceeded by 100 per cent

A restructuring expert claims there could be 6,000 bankruptcy cases this year, as people are finding the process simpler and more appealing than insolvency.

From TheJournal.ie Ariel Sharon, bankruptcy, and water meters: The week in numbers Prime Numbers

Ariel Sharon, bankruptcy, and water meters: The week in numbers

Plus: How many people in the world are obese?

From TheJournal.ie 'No surrender!': BNP leader Nick Griffin's response to being declared bankrupt Bankrupt

'No surrender!': BNP leader Nick Griffin's response to being declared bankrupt

Griffin says his bankruptcy won’t prevent him from staying on as an MEP.

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