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...Details of the claim have not yet been made public. The lawsuit was filed last Thursday and has not been previously reported....
...While its beneficiaries are not disclosed, the foundation is controlled by Benko’s mother, Ingeborg, according to Austrian public records. Benko’s daughter is called Laura....
...In March, private equity group Permira agreed to sell fund administrator Alter Domus to rival Cinven in a €4.9bn transaction....
...intended to ensure that the “legislation for the Water Industry Special Administration Regime reflects modern insolvency and business practices . . . and to ensure the uninterrupted provision of vital public...
...Public sector bodies are required to follow strict rules when procuring the services of private businesses to ensure transparency and reduce the risk of corruption....
...Ted Baker, known for its unusual prints and more formal clothes, started life in 1987 in Glasgow and became a public company in 1997....
...The business was ultimately acquired by Apex Group, another fund administrator....
...A period of temporary public stewardship is generally framed as a worst-case scenario in discussions about the future of Britain’s biggest privatised water utility....
...Peter CalowProfessor, Humphrey School of Public Affairs, University of Minnesota,Minneapolis, MN, US...
...In a way, her intensely private approach echoed the public rhythms of the city she adopted as her own....
...The number of students using AI tools like ChatGPT to write their papers was a much bigger problem than the public was being told, this person said....
...Mantse, chair of M2 and who has previously worked for PwC, claimed in an emailed letter seen by the Financial Times that the private equity firm had to submit a final offer and proof of financing on a public...
...In 2022, the administrators of Patisserie Valerie also settled a £200mn lawsuit with the firm that alleged negligence in its audits of the café chain....
...Ben Borgers set out his more than 15-year experience in public accounting in a biography on his firm’s website, which says he began his career as a database administrator before getting a second degree in...
...A spokesperson for Austria’s state prosecutor for Economic Crime and Corruption (WKStA) confirmed a formal investigation into Benko, first reported by the country’s public broadcaster ORF, was under way....
...Meanwhile, the FCA on Thursday also found Woodford’s fund administrator, Link Fund Solutions, “failed to act with due skill, care and diligence”....
...What fool administrator came up with the idea of placing a piano in the middle of a seating area full of stressed travellers?...
...The government is also seeking to raise the minimum guaranteed pension paid out to poorer people, and replace the deeply unpopular private pension administrators with a public administrator....
...The move offers an alternative to nationalisation but will make it more difficult for investors to raise legal challenges against the regulator or the special administrator....
...Thames Water sought to reassure the public that discussions were continuing....
...Last month, the Federal Highway Administration approved the proposed scheme, which aims to generate $15bn in revenue for the MTA, New York’s perennially cash-strapped public transport body, by charging drivers...
...“While the administrator has sought to recover any value and distribute to creditors, the FCA has sought, through the public censure, to explain how and why investors were misled to ensure that lessons are...
...But all the countries that have done well from this trend have also suffered a public backlash to which governments have responded....
...Many schools and hospitals have closed, while NGOs — often the administrators of services in Haiti — have warned food, water and fuel are running low....
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