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Insolvent

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Name: Insolvent

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silobreaker

3340 articles

First Reported 11 hours ago - Updated 1 hour ago - 2 Documents

'Football creditors rule' needs change in law to be made illegal

• HMRC mounted legal challenge which judge dismissed• Present 'rule' does not break insolvency law The controversial "football creditors rule" needs a change in the law if it is to be outlawed, a judge has ruled, dismissing a legal challenge by Her Majesty's ... [ Published 5 hours ago by Guardian.co.uk ]

Entities: Insolvent, Insolvency, David Richards

First Reported 8 hours ago - Updated 8 hours ago - 1 Documents

HMRC Fails In Challenge To Insolvency Policy

At a hearing in the High Court today, Mr. Justice David Richards dismissed the latest attempt by HM Revenue and Customs (HMRC) to have the so-called 'Football Creditors' rule declared unlawful.This decision follows a five day trial in November and December ... [ Published 8 hours ago by Hartlepool United ]

Entities: HM Revenue & Customs, Insolvency, Insolvent

First Reported 14 hours ago - Updated 8 hours ago - 3 Documents

Football creditors rule declared lawful in High Court meaning players can still pick up bumper pay packets

Millionaire footballers will carry on being paid their salaries in full while local businesses must receive a fraction of what they are owed in football-club bankruptcies after the controversial football creditors rule was declared lawful in the High ... [ Published 12 hours ago by Telegraph ]

Entities: David Richards, HM Revenue & Customs, Insolvency, Insolvent, Damian Collins

First Reported May 24 2012 - Updated May 25 2012 - 2 Documents

Duff & Phelps Corp

Rangers face serious sanctions

Rangers have been warned that they face 'serious sanctions' if they ignore a last chance to hand over paperwork to the SPL, as the softly-softly investigation into dual contracts turns tough.A full 10 weeks after the league launched their inquiry into ... [ Published May 25 2012 by Mail Online UK ]

Entities: Sanctions, Neil Doncaster, Duff & Phelps Corp

First Reported May 23 2012 - Updated May 23 2012 - 1 Documents

Kilmarnock chairman wary of heavy punishment for insolvent SPL clubs

Michael Johnston has said that there is a danger of over-punishing insolvent clubs.Facebook Tweet GoogleKilmarnock chairman Michael Johnston has played down expectations that sanctions will be introduced for clubs exiting administration by setting up ... [ Published May 23 2012 by Stv.tv ]

Entities: Insolvent, Michael Johnston, Aberdeen Football Club plc, Stewart Milne

First Reported May 14 2012 - Updated May 14 2012 - 1 Documents

National Football League

Could lawsuits end the NFL?

Gregg Doyel of CBSSports.com has a pretty compelling case that they could, noting that as dozens of players jump on board concussion-related suits each month, the league could potentially face billions upon billions of dollars in trial losses:This is ... [ Published May 14 2012 by 620 WTMJ ]

Entities: National Football League, Lawsuit, Gregg Doyel, Tobacco

First Reported May 14 2012 - Updated May 14 2012 - 1 Documents

Allied Irish Banks PLC

Landlords of insolvent golf club vow to keep course open

THE landlords of a popular golf club have vowed to keep it open after the company which leased the course became insolvent.South County Golf Club in Brittas, Co Dublin, had been in operation since 2002 but the directors last week said they had no option ... [ Published May 14 2012 by Irish Independent ]

Entities: Patrick Kavanagh, Insolvent, Allied Irish Banks PLC, Michael Moore

First Reported May 10 2012 - Updated May 10 2012 - 1 Documents

Hundreds left out of pocket as golf club closes down

Hundreds of people were facing an uncertain wait last night to see if they will get their fees reimbursed after a popular golf club closed its doors.South County Golf Club in Brittas, Co Dublin, has been operating since 2002 and has about 600 members ... [ Published May 10 2012 by Irish Independent ]

Entities: Dublin, Michael Moore, Insolvent

First Reported May 09 2012 - Updated May 09 2012 - 1 Documents

Arizona City Loses $12.9M Each Year On NHL's Coyotes

,Brad Parks,(c) 2012 Dow Jones & Company, Inc.On Monday, the Phoenix Coyotes advanced to the NHL's Western Conference finals for the first time since moving to the desert in 1996. ...Document DJFDBS0020120509e859d186kTo continue reading this story login ... [ Published May 09 2012 by Dow Jones DBR Small Cap Alert ]

Entities: Insolvent

First Reported May 04 2012 - Updated May 04 2012 - 1 Documents

Miller: Rangers are not as insolvent as some suggest

talkSPORT's Scottish correspondent Tom Miller brings the latest news from Glasgow Rangers, claiming they are not nearly as insolvent as some suggest and that HMRC will come to some sort of agreement with the financially struggling side. ... [ Published May 04 2012 by TalkSport ]

Entities: Tom Miller, Insolvent

First Reported Apr 27 2012 - Updated Apr 27 2012 - 1 Documents

Media spotlight part and parcel of football insolvencies

Insolvency practitioners (IPs) must be “prepared for the added scrutiny” of handling football club administrations.The work of IPs has been thrown into the spotlight following the recent collapse of several high-profile British clubs.Scottish giants Rangers, ... [ Published Apr 27 2012 by Insolvency News ]

Entities: Insolvent, Begbies Traynor Group PLC, Insolvency

First Reported Apr 27 2012 - Updated Apr 27 2012 - 1 Documents

New financial rules for football in England could lead to short-term increase in insolvencies of clubs, expert says

More football clubs in England may go into administration in the next few years if football authorities elect to fine clubs for spending beyond their means, a sports law expert has said.27 Apr 2012TopicsEarlier this week clubs in the Championship voted ... [ Published Apr 27 2012 by Out-Law.com ]

Entities: Trevor Watkins, Insolvent, England, Insolvency, Pinsent Masons

Quotes

"This would have devastating consequences for the clubs concerned, their supporters and people living in their local community."

'Football creditors rule' needs change in law to be made illegal [Guardian.co.uk - 5 hours ago]

More Content

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'Football creditors rule' needs change in law t... [ Published 5 hours ago by Guardian.co.uk ]
The High Court rejects HMRC bid to abolish ?Foo... [ Published 6 hours ago by Business Credit Management ]
HMRC Fails In Challenge To Insolvency Policy [ Published 8 hours ago by Hartlepool United ]
HMRC fail in rule challenge [ Published 11 hours ago by Sky Sports ]
Football creditors rule declared lawful in High... [ Published 12 hours ago by Telegraph ]
Football creditors's rule declared lawful [ Published 12 hours ago by Telegraph ]
High court dismisses challenge to football cred... [ Published 14 hours ago by Guardian.co.uk ]
Rangers face serious sanctions [ Published May 25 2012 by Mail Online UK ]
Rangers administrators handed last chance [ Published May 25 2012 by Telegraph ]
Serious sanctions loom and perfect storm is bre... [ Published May 24 2012 by Mail Online UK ]
SPL sets Rangers' administrators Duff & Phelps ... [ Published May 24 2012 by Telegraph ]
Titans creditors expect 'nothing' [ Published May 24 2012 by Gold Coast-Australia ]
George Rolls, Kettering Town & The Morals Of In... [ Published May 24 2012 by Twohundredpercent ]
Paul Taylor: Nottingham Forest need somebody to... [ Published May 24 2012 by Nottingham Post ]
Kilmarnock chairman wary of heavy punishment fo... [ Published May 23 2012 by Stv.tv ]
Bank Of America Pushes For Immediate DVS Cash Sale [ Published May 23 2012 by Transworld Business ]
Markets Live: Bargain hunters swoop [ Published May 22 2012 by WA Today ]
Markets Live: Bargain hunters swoop [ Published May 22 2012 by Melbourne Age ]
PNG deputy Prime Minister Belden Namah could be... [ Published May 21 2012 by Pacific Islands News Association ]
PNG debuty PM could be Titans' saviour [ Published May 19 2012 by Brisbane Courier-Mail ]
Bitter end for Portimonense [ Published May 18 2012 by Algarve Resident ]
Local Governments Urge Springfield to Overhaul ... [ Published May 17 2012 by Chicago Daily Herald ]
Alex Horne, acting CEO, Football Association [ Published May 17 2012 by Financial Director ]
Red Deer tries professional baseball [ Published May 17 2012 by Red Deer Express ]
Livingston threaten legal action against Scotti... [ Published May 15 2012 by Stv.tv ]
Could lawsuits end the NFL? [ Published May 14 2012 by 620 WTMJ ]
Landlords of insolvent golf club vow to keep co... [ Published May 14 2012 by Irish Independent ]
"Fit and Proper"?? [ Published May 13 2012 by Four Four Two Australia ]
Duff and Phelps - is criticism fair? [ Published May 13 2012 by Rangers Supporters Trust ]
Former Rangers chairman Alastair Johnston hits ... [ Published May 12 2012 by Mail Online UK ]

Blogs

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George Rolls, Kettering Town & The Morals Of In... [ Published May 24 2012 by Twohundredpercent ] One of the great conceits of recent years in terms of the way that football clubs are run has been that there is a greater degree of transparency in the way that football clubs are run. There are examples of transparency within the game which are extremely ...
Rangers: Miller’s Crossing Off [ Published May 09 2012 by Twohundredpercent ] So…farewell, then, Bill Miller. Executive members of Scotland’s football authorities spent much of the weekend with their backs bent over – those that had spines in the first place – in order to facilitate his acquisition of Rangers. But the only progress ...
Now That Rangers Are Saved (Redux) [ Published May 04 2012 by Twohundredpercent ] We are delighted to announce today that 200% has received an unconditional bid for the Rangers opinion piece from Mr Mark Murphy which has been accepted and he is now the preferred author. Mr Murphy now proposes to complete his article by the end of ...
Lions make peace with Gumede and co [ Published May 03 2012 by Keo.co.za ] The Lions have reached an out-of-court settlement deal with former potential equity partners the Guma Tac Group. Robert Gumede and Ivor Ichikowitz’s Guma Tac Group issued an application to liquidate the Golden Lions Rugby Union (GLRU) after their partnership ...
Newcastle Jets quit: Tinkler hands back A-Leagu... [ Published Apr 10 2012 by The Roar - Your Sports Opinion ] Nathan Tinkler’s Hunter Sports Group has announced a shock decision to hand back the Newcastle Jets A-League licence to Football Federation Australia, effective immediately. The move comes after long-running battles between the billionaire mining magnate ...

Audio/Video

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Kleenmaid directors released on bail [ Published Feb 16 2012 by News On ABC - YouTube ]
Kleenmaid directors released on bail [ Published Feb 16 2012 by News On ABC - YouTube ]
Heatwave Festival collapses as producer goes mi... [ Published Feb 09 2012 by News On ABC - YouTube ]
Breakingviews: The euro can gain from bondholde... [ Published Dec 05 2011 by Reuters - YouTube ]