Struck off: Connelly CREDITORS ripped off by dodgy builder Stephen Connelly are still waiting for their money back - despite cash being returned to the liquidators
In view of the fact Mr Gilson accepted he was primarily responsible for running Gilson Motor Company Ltd, the judge ordered he indemnify his sister in relation to liability for those costs to the liquidator
has succeeded in locating the holders of approximately 96.
Under Guernsey law, the Liquidators
are now responsible for realising the assets and establishing the liabilities of CCC and are legally empowered to act on its behalf in those connections.
She also agreed to give the liquidator
liberty to retain or dismiss the firm's employees and permission to borrow up to EUR200,000 to cover costs.
Tietz, Chairman and CEO of Cronos said, "With the purchase of the claims of the only known creditors of TOEMT, we intend to exercise our rights as creditor to bring an end to the litigation brought by the liquidator
Coinciding with the Liquidator
launch, the Chicago Board of Trade (CBOT) has certified Orc's technology for the e-cbot trading platform.
While Globe-X subsequently appealed from such decision and such appeal is pending, an application filed by Globe-X for a stay of execution of the Liquidation Order was refused and the Order appointing the liquidator
remains in effect.
was authorized by the court to take possession and control of all assets of Amwest Surety Insurance Company and administer them under the general supervision of the court.
The transaction agreement also calls for Crown Life to assume, at a later date to be determined by the liquidator
, the liabilities related to this block of business.
These assets are being sold by the Liquidator
on behalf of creditors.
We will continue to work with the liquidators
of these abandoned companies, including consideration of further action against the companies or their officeholders is warranted , Mr Price said.