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...The administrators’ case against other defendants, including the firm’s former chief executive Michael “Andy” Thomson, is ongoing and proceedings are scheduled to continue next week....
...EY could also have faced unlimited liability for claims of damages from Wirecard’s administrator and former shareholders....
...On December 11, Signa Development’s board announced it had fired the company’s chief executive, Timo Herzberg, with immediate effect, for what it claimed were “gross violations” of his duties....
...Shetty started the business in the 1970s, growing it into the UAE’s largest private hospital operator. He became joint chair in 2017 when Manghat succeeded him as chief executive....
...The intention to appoint administrators notice is meant to prevent creditors such as suppliers or landlords from claiming any money for 10 days before a formal appointment of administrators is made....
...FTX is on track to repay its customers up to two-fifths more than the initial value of their claims as administrators for the collapsed exchange capitalise on surging prices of cryptocurrency and artificial...
...That application was successful and Joint Administrators (“the Administrators”) were appointed on 9 April 2020....
...The demand came after Boeing chief executive David Calhoun and his senior safety team met FAA administrator Mike Whitaker on Tuesday....
...The UK Financial Conduct Authority has found that the collapsed Middle Eastern hospital operator NMC Health Plc committed market abuse by understating its debt by as much as $4bn.The FCA publicly censured...
...The watchdog also rebuked EY over the “grave failure” of its internal quality controls, adding that “several key executives” of the firm conducted “multiple violations of professional duties” during the...
...The UK Financial Conduct Authority has censured troubled middle eastern hospital operator NMC Health for misleading the market about its debt by as much as $4bn....
...Wilko, the UK discount retailer, has been unable to find a buyer amid “mounting” pressures and has filed to appoint administrators, giving itself 10 working days to do so unless it finds an alternative....
...Sir Julian HartleyChief Executive, NHS ProvidersLondon SW1, UK...
...Getting administrators to address the problem can be fraught, especially when the cheaters are international students who pay higher fees than locals....
...Many schools and hospitals have closed, while NGOs — often the administrators of services in Haiti — have warned food, water and fuel are running low....
...The operation has also faced criticism for the often slow deliveries of some mail, including time-critical material such as notices of hospital appointments....
...Primary Health Properties’ boss has snapped up £69,000 of shares in the hospital and primary care centre developer and landlord ahead of his retirement at the end of this month....
...“He’s basically the guy who can appoint administrators and run this through the cycle.”...
...Although Benko held no formal title at the group, he was its de facto chief executive and one of a handful of executives who understood its complex, highly leveraged financial structure, according to former...
...“A small group of Steinhoff Group former executives and other non Steinhoff executives, led by a senior management executive, structured and implemented various transactions over a number of years which...
...He had spent some time in hospital after the allegations emerged last summer. The broadcaster said: “The BBC has accepted his resignation, which it believes will allow all parties to move forward....
...There may be some justification for restrictions for top executives in certain sectors, including strategic industries....
...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....
...initiative schemes to build and maintain NHS hospitals....
...Meanwhile, the FCA on Thursday also found Woodford’s fund administrator, Link Fund Solutions, “failed to act with due skill, care and diligence”....
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