Press release: Four-time bankrupt hit with fourteen-year restriction

first_img YouTube Office currently closed during the coronavirus pandemic. must disclose their status to a credit provider if they wish to get credit of more than £500 who carry on business in a different name from the name in which they were made bankrupt, they must disclose to those they wish to do business with the name (or trading style) under which they were made bankrupt may not act as the director of a company nor take part in its promotion, formation or management unless they have a court’s permission to do so may not act as an insolvency practitioner, or as the receiver or manager of the property of a company on behalf of debenture holders LinkedIn The Insolvency Service, an executive agency sponsored by the Department for Business, Energy and Industrial Strategy (BEIS), administers the insolvency regime, and aims to deliver and promote a range of investigation and enforcement activities both civil and criminal in nature, to support fair and open markets. We do this by effectively enforcing the statutory company and insolvency regimes, maintaining public confidence in those regimes and reducing the harm caused to victims of fraudulent activity and to the business community, including dealing with the disqualification of directors in corporate failures.BEIS’ mission is to build a dynamic and competitive UK economy that works for all, in particular by creating the conditions for business success and promoting an open global economy. The Criminal Investigations and Prosecutions team contributes to this aim by taking action to deter fraud and to regulate the market. They investigate and prosecute a range of offences, primarily relating to personal or company insolvencies.The agency also authorises and regulates the insolvency profession, assesses and pays statutory entitlement to redundancy payments when an employer cannot or will not pay employees, provides banking and investment services for bankruptcy and liquidation estate funds and advises ministers and other government departments on insolvency law and practice.Further information about the work of the Insolvency Service, and how to complain about financial misconduct, is available.Contact Press OfficeMedia enquiries for this press release – 020 7637 6498 or 020 7596 6187 If the Official Receiver considers that the conduct of a bankrupt has been dishonest or blameworthy in some other way, he (or she) will report the facts to court and ask for a Bankruptcy Restrictions Order (BRO) to be made. The court will consider this report and any other evidence put before it, and will decide whether it should make a BRO. If it does, the bankrupt will be subject to certain restrictions for the period stated in the order. This can be from 2 to 15 years.The bankrupt may instead agree to a Bankruptcy Restrictions Undertaking (BRU) which has the same effect as an order, but will mean that the matter does not go to court.These are restrictions set out in insolvency law that the bankrupt is subject to until they are discharged from bankruptcy – normally 12 months and include that bankrupts: You can also follow the Insolvency Service on: Twitter Notes to editorsMr Fintan Noel Arrowsmith is of Sleaford and his date of birth is December 1970. The Bankruptcy Order was made against him on 19 October 2017 on his own petition.Mr Arrowsmith’s bankruptcies were: Where a bankrupt has acted contrary to restrictions placed upon him by insolvency law, by obtaining credit without fully disclosing his status, he should not expect to do so without consequences, particularly when others suffer financial loss as a result. This service is for journalists only. For any other queries, please contact the Insolvency Enquiry Line.For all media enquiries outside normal working hours, please contact the Department for Business, Energy and Industrial Strategy Press Office on 020 7215 1000. A bankruptcy restriction in these circumstances will serve to provide creditors with a degree of protection, and it will also act as a deterrent to the bankrupt not to act in a similar manner in the future. Media Manager 0303 003 1743 The ban, from 7 February 2018 to 6 February 2032, one year short of the maximum, follows an investigation into the affairs of Fintan Noel Arrowsmith.During the period 2010 to 2017, Fintan Arrowsmith had traded as a horticulturist but ceased trading in April 2017 after the failure of his crop.He stated his liabilities mostly related to stock obtained on credit from suppliers and on 18 October 2017, Fintan Arrowsmith filed on his own bankruptcy petition, listing a deficiency of £39,374.Fintan Arrowsmith was interviewed by the Official Receiver at which time he stated that he had traded as F Arrowsmith, Glebe Farm Nursery during the period 2010 to April 2017.He further explained that in 2016 he had a significant loss of his perishable stock, which were uninsured as no underwriter was willing to insure him because of his bankruptcy historyThe Insolvency Service investigation into his affairs confirmed that Fintan Arrowsmith had signed a Bankruptcy Restrictions Undertaking (BRU) on 17 November 2009, which was accepted by the Secretary of State and was effective for 11 years to November 2020.This meant that Fintan Arrowsmith had defied his bankruptcy restrictions and obtained a variety of stock and supplies, to the value of at least £24,549, from trade creditors on cash-on-delivery and credit terms.The Official Receiver made enquiries with these trade creditors, all of whom confirmed Fintan Arrowsmith had not disclosed that he had been made bankrupt before obtaining credit and that they would not have extended credit to Mr Arrowsmith had they been aware of this.On 6 February 2018, the Secretary of State for Business, Energy and Industrial Strategy accepted a bankruptcy restrictions’ undertaking (BRU) from Mr Arrowsmith (47), which means he is to be bound for 14 years, by the restrictions set out in insolvency law that a bankrupt is subject to until they are discharged from bankruptcy – normally 12 months – until 2032.Gerard O’Hare, an Official Receiver at the Insolvency Service, said: Email [email protected] Press Office In 2003 – as Fintan Mahgabhan In 2005 – as Fintan Noel Mahgabhan-Arrowsmith In 2008 – as Fintan Noel Arrowsmith In 2017 – as Fintan Noel Arrowsmithlast_img read more

moe. & Members of Turkuaz Perform “Naive Melody” On Jam Cruise [Pro-Shot Video]

first_imgThere’s nothing quite like seeing your favorite bands on a boat, in the middle of the ocean, surrounded by friends and family. The intimacy of the boat provides for a spectacular backdrop for the artists and bands to really let loose and perform within their own dream-like setting. As part of their weekly video series, Jam Cruise has shared pro-shot video of moe. and special guests from Turkuaz on the Pool Deck from the festival’s 15th installment to prove this case.Naturally, the Talking Heads cover of “Naive Melody” was the fitting music for such a marvelous time. Watch the video below, courtesy of TourGigs.moe. and Turkuaz will once again join forces at the Civic Theatre in NOLA during Jazz Fest, April 28-29. Both bands are on fire right now and these shows are sure to be next level. Get tickets here.last_img read more

Protesting farmers return to camp after storming Indian fort

first_imgNEW DELHI (AP) — Leaders of a protest movement have sought to distance themselves from a day of violence when thousands of farmers stormed India’s historic Red Fort. It was the most dramatic moment in two months of demonstrations that have grown into a major challenge of Prime Minister Narendra Modi’s government. Demonstrators demanding the repeal of new agricultural laws briefly took over of the 17th-century fort, and images broadcast live on television shocked the nation. At least one protester died, and many demonstrators were injured, as were more than 390 police officers. The farmers are demanding the repeal of laws that they say will favor large corporate agriculture and leave smallholders behind. The government insists the laws will benefit farmers.last_img

The Observer receives ICPA awards

first_imgThe Observer won 18 awards at the 2016 Indiana Collegiate Press Association (ICPA) awards this weekend in Indianapolis, including third place in the Division I Newspaper of the Year category and first place in the special issue category for the March 2, 2015 edition commemorating University President Emeritus Fr. Theodore Hesburgh.The News department, led by current Editor-in-Chief and former News Editor Margaret Hynds, won second place for Best In-Depth Story for Hynds and former Saint Mary’s Editor Haleigh Ehmsen’s coverage of the response to screenings of “The Hunting Ground” at Notre Dame and Saint Mary’s. Hynds also won second place for Best Breaking News Reporting for her coverage of the death of Notre Dame student Lisa Yang. Additionally, the department won third place for its sexual assault series in the Best News or Feature Series category. The Sports department, led by former Sports Editor and current Assistant Managing Editor Zach Klonsinski, took home four awards, including second place in Best Sports Column for former Senior Sports Writer Mike Monaco’s column after the Irish men’s basketball team’s loss to Kentucky in the Elite Eight. Monaco also won third place in the Best Sports News Story category for his wrap of the same game. Additionally, former Editor-in-Chief Greg Hadley won third place for Best Sports Feature for his piece “Huffman seized the moment, pushes Notre Dame to title game.” The department also won second place for Best Sports Page for a page in an Irish Insider titled “Cruise Control.”The Sports department teamed up with the Graphics department to take home second place for Best Pull Out Section for the Irish Insider “Quiet Noise: Will Fuller.”The Graphics department, led by former Graphics Editor Erin Rice, also won first place for Best Special Section or Front Cover for Rice and Kat Robinson’s “Super Human: Jaylon Smith” cover. Additionally, former Photo Editor Zach Llorens and former Graphics Editor Keri O’Mara won third place for Best Special Section Cover for their Bengal Bouts Irish Insider cover. The Scene section, led by Scene Editor Erin McAuliffe, won first place for Best Podcast for their “Scenecast: Deathcast,” created by McAuliffe, former Scene Editor Miko Malabute, Matt McMahon, Matt Munhall and Adam Ramos. McMahon also won third place in the Best Entertainment Column category for his piece “Is it time to give The Shaggs another listen?”The Viewpoint section won third place for Best Opinion Column for Billy McMahon’s piece “Practically Pro-Life.”Former Online Editor Michael Yu, former Assistant Managing Editor Kevin Song and Llorens won second place for Best Special Presentation Online for the Hesburgh memorial website. The 2015-2016 Editorial Board won first place for Best Editorial for its piece on sexual assault, “We’re mad as hell.”The Observer also took home first place for Best Blog for the study abroad blog, and third place for Best Themed Issue for the 2015 Commencement issue. Tags: ICPAlast_img read more

Student senate learns of bookstore renovations

first_imgDavid Werda, the director of Hammes Bookstore and retail operations, spoke to student senate Wednesday evening about future changes to the campus bookstore.“We’ve developed a list of goals and objectives over the last couple of years in terms of the new vision for your campus bookstore,” he said.Werda said the importance of the bookstore cannot be overstated, considering Notre Dame is the second most visited tourist attraction in the state of Indiana.“You can think of the Notre Dame bookstore as that tourist attraction’s gift shop, and it reflects that on an annual basis in terms of foot traffic and revenue,” he said.The challenge is to design the bookstore to cater to both the enormous crowds on football weekends and students on the average school day, Werda said.“What we’re looking to do is to create a space that serves both those guests who visit on an annual basis, but equally important, the students, the faculty and the administration of the University,” he said. “We need to create spaces within the bookstore that are not interrupted on those six or seven weekends a year during football season.”Werda said in response to the concern that the bookstore focuses too much on the tourists and sets “an unwelcoming presence for the campus community” that the bookstore’s new design will feature more academic and social spaces for students.“We want to create a space that is more interactive,” he said. “Having places where you can sit and study, where you can come and study in small groups.”In addition, the bookstore will be reorganized to adjust to the changing times, Werda said.“We’re taking our general reading books, those stacks and stacks of books where ten years ago it was important to have a library of books for people to browse, and moving them upstairs,” he said. “In terms of ‘I’m going to go in and buy a New York Times bestseller,’ that’s not how this business is going anymore.”Further, Werda said women’s apparel, a growing market for the bookstore, will expand and occupy more wall space on the second floor, and gifts will move downstairs. Religious gifts, one of the bookstore’s most unique draws, will remain front and center, he said.“The religious section is very much the soul of the bookstore,” he said. “There are very few places, if any in this day and age, where you can buy most of the religious things that we sell.”During the session, Werda received student input and feedback regarding the bookstore’s renovation. Claire Saltzman, the Ryan Hall senator, requested an earlier opening for the Einstein Brothers Bagels location in the bookstore.“For 8 a.m. exams and 8:20 classes, the 8 a.m. opening time does not give students enough time,” Saltzman said.Christian Femrite, the Morrissey Manor senator, asked for lower prices on everyday items, such as toiletries.“I understand the bookstore has the Notre Dame logo on everything, but for the stuff students come in to use, I think it would be more appropriate to have lower prices,” he said.Werda said the goal is for the renovation to start after reunion weekend and be completed when students return in August.Tags: Bookstore, ND student senate, Tourismlast_img read more

Hurlyburly Begins Performances Off-Broadway

first_img High in the Hollywood Hills, Hurlyburly focuses on four men caught in a world of parties, backbiting, lies, and self-obsession. But a string of encounters with destiny convinces one of them to dig beneath the surface to discover his soul. The cast features Deven Anderson, Jacklyn Collier, Rachel Cora, Kirk Gostkowski, Chris Harcum, Brandon Scott Hughes and Christina Elise Perry. View Comments The original production of Hurlyburly, directed by Mike Nichols, was a hit on Broadway in 1984 and featured William Hurt, Judith Ivey, Harvey Keitel, Jerry Stiller, Sigourney Weaver and Cynthia Nixon. Though originally presented in three-acts, the Variations Theatre Group production at the Chain Theatre will mount the revised version used in the 2005 revival starring Ethan Hawke and Bobby Cannavale.center_img That decade of decadence the 1980s is the setting for Tony winner David Rabe’s chilling comedy Hurlyburly as it begins performances off-Broadway February 14. Directed by Rich Ferraioli, opening night is scheduled for February 19 at The Chain Theatre.last_img read more

Strengthening our vision of an advanced digital ecosystem

first_imgMy first six months at CO-OP as Chief Product Officer have been exciting to say the least. Even with two decades of experience in the payments and technology industry, I am still discovering new paths to product innovation.Shifting technology, changing consumer behaviors and new fintech entrants are challenging credit unions to evolve the member experience. That can be overwhelming, particularly when today’s transformation requires integration of multiple partners and solutions.To simplify the experience for our partner credit unions, we’ve reimagined our solutions lines to better align with the needs of your members and you. Our solutions are now organized as portfolios of answers focused on the various challenges you face. This multifaceted CO-OP ecosystem offers a single source for the products, technology and thought leadership required in a rapidly evolving financial landscape. I am pleased to introduce the new CO-OP solution lines and the leaders who will be driving innovation within each line. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

More than just a playground: OurSpace allowed family to play together, regardless of ability

first_imgThe youngest of Christina’s four children, Sawyer, has Down Syndrome and mobility can be tough for him. “We don’t do a lot of things as a family, this park was one of the few things that we could all do together,” explained mom Christina Nush. BINGHAMTON (WBNG) — For families in the area, the OurSpace playground at Rec Park provided more than a swing set, but an opportunity for people of many abilities to play together. When it came to the playground, she said, “It gave us all a place as a family to go that we could play with him and he could be part of everything and he didn’t feel like he was being left out because he couldn’t do what all the other kids were doing.” “As my children were crying yesterday, that was the one thing that I could tell them about, is that they’re already planning on rebuilding, they’re already gathering the money, and it’s going to be bigger and better and it’s going to be even more meaningful to us as a family and to the community after what has happened,” said mom Christina. “We were all planning on coming here this summer, but now we can’t and it’s just sad,” said middle daughter Gracie Nush. “It’s not going to stop the positivity and the joy that it brings people, it’s just going to make people more determined.” To donate to the fund to rebuild the playground, click here. When the playground was upgraded a few years back to be more accessible, the fun only grew. Providing a glimmer of hope that the playground they loved so much will one day be back again. This devastating blow, cutting down the number of places the Nush’s can spend as a family, down to next to nothing. So after Monday’s fire burned down the playground, her family is hurting. The Nush family grew up about five minutes from the park and has fond memories of hanging out there growing up. Nush said between the playground and swimming, that’s about all her family can do together to keep her youngest both safe and comfortable. Despite this, however, the family has their eyes on the future.last_img read more

Armenian Community of Greater Binghamton holds peace rally to help spread awareness

first_img“It’s happening now and there’s not a lot of recognition for it,” Melikian said. “What we’ve seen in the media, not a lot of people know about it. And we need to bring attention to it sooner than later because later it might be too late.” The rally members began at the Armenian Genocide Memorial on Conklin Avenue and ended on State Street. The community also mentioned for more information about what is going on at the Armenian borders and how you can help, visit armeniafund.org. The community is also asking for the United States government’s help to stop the attacks on the country. BINGHAMTON (WBNG) — The Armenian Community of Greater Binghamton held a peace rally today to bring awareness to the attacks happening at the Armenian borders.center_img Alex Melikian, rally leader and Binghamton University student, says it was important to hold the rally in Binghamton to bring awareness to what is happening. The local Armenian community invited Binghamton residents to join their prayers for peace and help spread awareness of the attacks happening against the country. On September 27, the Armenian borders were attacked by Azerbaijan in the Artsakh Region. The war has been going on for the past three weeks. last_img read more

Three killed in landslide at illegal mine in Central Java

first_imgHe added that rescuers spent hours trying to recover the victims’ bodies as they needed to remove huge rocks and landslide debris, requiring the use of heavy machinery.Read also: Mining accident tip of icebergSouth Kendeng Energy and Mineral Resources Agency head Teguh Yudi Pristiyanto said the mine had been operated without the proper license and permits.“The location of the landslide is part of the Sukolilo karst area, where mining is banned,” said Teguh.The police are investigating the incident. Grobogan Police’s criminal investigation department chief Adj. Comr. Andi Moh. Akbar Mekuo said his team would coordinate with the local energy and mineral resources agency during the investigation.“Local police officers said authorities had warned the miners about their unauthorized activities,” Andi said. (trn)Topics : A landslide has killed at least three miners at an unauthorized mine in Brati district, Grobogan regency, Central Java, on Wednesday.Brati Police chief First Insp. Zaenal said the three miners were hit by large rocks when a 30-meter-tall hillside collapsed. The three victims were identified as Suwadi, 45, Yulianto, 35 and Ridwan, 39, all of whom were residents of Katekan village.“They died on site,” Zaenal said on Wednesday, as quoted by kompas.com.last_img read more