2017 eurozone growth fastest in a decade

The eurozone economy is set to grow at its fastest pace in a decade this year, the EU Commission forecast in its Autumn Economic Forecast Thursday, with real GDP growth substantially higher than expected.

EU carbon market reform deal falls short

A tentative deal to redesign one of the EU’s key climate policies, the Emissions Trading Scheme, was reached by the EU institutions Thursday, but it was not welcomed by environmental groups.

New EU gas rules could staunch Russian pipeline

Changes to the Gas Directive proposed Wednesday to ensure that all major gas pipelines entering EU territory comply with EU rules could prove an obstacle to the Russian-backed Nord Stream 2 project.

Comments of business people and politicians on Britain’s decision to withdraw from membership of the European Union.

Amid mounting political and public opposition to glyphosate – a controversial and widely used weedkiller – representatives of European governments have again rejected the Commission’s proposal to grant glyphosate a new licence.

World Animal Protection are looking to recruit an External affairs advisor to lead, manage and maximise internal and external stakeholder relationships.

SMi’s annual Benelux Infrastructure Forum, which will take place in Amsterdam on 22nd -23rd November, will present the latest opinions within the infrastructure market from key professionals in PPP, project financing and future market sectors such as renewable energy ventures.

The European Commission has launched plans for the biggest reform of EU VAT rules in a quarter of a century. The VAT reform would make the system more robust, simpler and fraud resilient, a system based on increased trust and cooperation between tax administrations.

Nick Clegg categorically debunks the various myths that have been used to force Brexit on Britain, not by ‘the people’ but by a small, extremely rich, self-serving elite, and explains precisely how this historic mistake can be reversed – and what you can do to make sure that it is.



FANGed: Why Murdoch may sell Fox

Business development jobs

When Rupert Murdoch unofficially hung the for sale sign on his empire’s prized assets this week, it was confirmation that the mogul had been “FANGed”.

Business development jobs

Western Australian power banker joins EY

It has been a busy week for former Macquarie Capital senior banker and and now Reserve Bank of Australia board member Mark Barnaba.

Business development jobs

Saputo launches its charm offensive

Lino Saputo, Jr the boss of Canada’s dairy giant Saputo Inc says he does not see any potential issues with the competition regulator.

Business development jobs

Low expectations about Canberra circus

The boss of Harvey Norman says shoppers already have such low opinions of politicians that the citizenship crisis hasn’t knocked confidence levels.

Business development jobs

How Appleby’s Australian plan failed

Why the law firm at the centre of the Paradise Papers leaks abandoned an attempt to set up a Sydney beachhead.

Judge blasts ‘unethical’, ‘dishonest’ ANZ, NAB

  • James Frost

A judge has blasted ANZ and NAB for gross departures from basic standards of commercial decency, for which the banks will pay $50 million ea.

Double Irish schemes ‘unrealistic’, ATO warns

  • Neil Chenoweth

The Tax Office has hit out at “ineffective and unrealistic” schemes being promoted to US companies identified in the Paradise Papers to set .

Banks to launch mining-style ad campaign

  • James Eyers

A new “banks belong to you” campaign will remind Australians that 80pc of bank profits are returned to them via dividends.

Reynolds loses battle over unpaid settlement

  • Vesna Poljak
  • Patrick Commins

The NSW Supreme Court recorded a judgment against David Reynolds and Attis Capital in a dispute brought by Faye Mary Parker, the mother of f.

How ACCC’s NBN changes could really shake up telcos

  • Opinion
  • Peter Moon

The ACCC’s NBN push should shake up a tightly controlled sector where wholesalers withhold crucial data from smaller service providers.

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See the list here at Business Sell Canada of available Business Opportunities for sale in your area and at your price range. Take the opportunity to find a profitable Canadian company to buy and become your own boss.

It never hurts to look. Whether located in town or out, “Home Office” or major corporation; check out the classified ads listed here. Bookmark us now and check back often for the most current classified listings of businesses for sale in Canada.

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Business

Retail wrap: Shopping center in Montgomery has new owner
Business calendar
As oil prices Rise, majors eye Mexico’s deep waters
‘Nervous’ Mideast pushes oil to longest winning streak in a year

Fuel Fix

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Two oil executives plead guilty in foreign bribery case

Two oil executives plead guilty in foreign bribery case

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    FERC chairman says Perry’s grid proposal to be decided by Dec. 11

    FERC chairman says Perry’s grid proposal to be decided by Dec. 11

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    Total buys Engie’s LNG business, including Cameron LNG stake

    Total buys Engie’s LNG business, including Cameron LNG stake

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    11 amazing perks Mark Zuckerberg offers employees at Facebook.
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  • No magic bullet for trailer aerodynamics

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    What Is Business Bankruptcy?

    Business bankruptcy

    Small business bankruptcy happens. Sometimes small business firms don t make it. They fail financially for various reasons and find themselves faced with deciding if bankruptcy is necessary. Bankruptcy is a process you go through in federal court that is designed to help your business eliminate or repay its debt under the protection of the bankruptcy court. Business bankruptcies are usually described as either liquidations or reorganizations depending on the type of bankruptcy you take.

    There are three types of bankruptcy that your business may file for depending on its business form. Sole proprietorships are legal extensions of the owner. The owner is responsible for all assets and liabilities of the firm. A sole proprietorship can take bankruptcy by filing for Chapter 7, Chapter 11, or Chapter 13. Corporations and partnerships are legal entities separate from their owners. As such, they can file for bankruptcy protection under Chapter 7 or Chapter 11.

    Business Bankruptcy – Chapter 7

    Chapter 7 bankruptcy may be the best choice when the business has no future. It is usually referred to as liquidation. It is usually used when the debts of the business are so overwhelming that restructuring them is not feasible. Chapter 7 is also appropriate when the business does not have any substantial assets. If a business is really just an extension of a particular owner s skills, it usually does not pay to reorganize it and Chapter 7 is appropriate.

    Chapter 7 bankruptcy usually means that the business is over.

    In Chapter 7 bankruptcy, a trustee is appointed by the bankruptcy court to take possession of the assets of the business and distribute them among the creditors. After the assets are distributed and the trustee is paid, a sole proprietor receives a discharge at the end of the case.

    A discharge means that the owner of the business is released from any obligation for the debts. Partnerships and corporations do not receive a discharge.

    Business Reorganization – Chapter 11

    Chapter 11 is a better choice for businesses that may have a future. Chapter 11 is a plan where a company reorganizes and continues in business. It is reorganized under a court-appointed trustee. The owner of the company may actually be the trustee. The company files a plan of reorganization outlining how it will deal with its creditors. Creditors vote on the plan. If the court finds the plan is fair and equitable, they will approve the plan. Reorganization plans provide for payments to creditors over some period of time which may exceed twenty years. Chapter 11 bankruptcies are exceedingly complex and not all succeed. It usually takes over a year to confirm a plan.

    Personal Bankruptcy – Chapter 13

    Chapter 13 bankruptcy is a reorganization bankruptcy typically reserved for consumers, though it can be used for sole proprietorships. You file a repayment plan with the bankruptcy court detailing how you are going to repay your debts. The amount you will have to repay depends on how much you earn, how much you owe, and how much property you own.

    If your personal assets are involved with your business assets, as they are if you own a sole proprietorship, you can avoid calamities such as losing your house if you file Chapter 13 versus Chapter 7.

    Consult with a good business bankruptcy attorney before deciding on which type of bankruptcy you will file or whether you will file bankruptcy at all. There may be other options you should explore first.



    Business Bankruptcy

    Business bankruptcyIf you own a business in Arizona, and your creditors are closing in on your business, you need to contact Thomas Law Office as soon as possible to meet with Mr. Thomas and obtain answers to your questions about bankruptcy. The bankruptcy options for your business include chapter 7 and chapter 11. These will be discussed at length during your first visit with Mr. Thomas. Bankruptcy protection for businesses usually is a more complicated process than it is for individuals. Mr. Thomas has handled numerous business bankruptcy cases and can navigate your business through the bankruptcy process.

    Phoenix Small Business Bankruptcy Lawyers

    Chapter 11 is used when the business is seeking to reorganize its debts and emerge from the bankruptcy process as a healthy, viable company. Chapter 7, on the other hand, is a bankruptcy alternative for the company that wishes to cease operations and turn over the finalization process to the Arizona bankruptcy court. There are often advantages of proceeding in this organized manner rather than permitting the business’ creditors to engage in a feeding frenzy, like a bunch of piranha devouring its prey. Declaring bankruptcy can be a way to obtain tax benefits and other advantages that may not be available if the owners opt not to file for bankruptcy protection.

    Often a corporate bankruptcy for a small Arizona business is filed in conjunction with a personal bankruptcy by its owners, typically because the businesses debts may have been guaranteed by the owners of the Arizona business.

    Contact Our Arizona Bankruptcy Lawyers

    It is important that you contact the bankruptcy law firm of Thomas Law Office to assist you with your Arizona small business bankruptcy. Even if you merely want to find out answers to your questions about bankruptcy options rather than file for bankruptcy protection in the Arizona bankruptcy court, talk to our bankruptcy lawyers today before you face unintended consequences of waiting too long to obtain appropriate bankruptcy information.



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    Small Business Bankruptcy

    If your small business is struggling with debt, bankruptcy may provide some relief. Whether bankruptcy can help depends on a number of factors, including:

    • the legal form of your business — for example, is your business a sole proprietorship, general partnership, corporation, or limited liability company?
    • whether you are personally liable for business debts
    • whether you want to close your business or keep it running, and
    • how much and what types of debts you have.

    In this area, you can find information on using Chapter 7, Chapter 13, and Chapter 11 bankruptcy for business debts, how to figure out if you are personally liable for business debts, whether you can get credit or loans after filing bankruptcy for your business, and whether there are nonbankruptcy alternatives to deal with business debt in your situation.

    Overview Articles

    If your small business has a significant amount of debt, bankruptcy can help you reorganize your debts to save your business, wipe out your personal liability for business debts, or simply liquidate the company.

    If you are a struggling small business owner, filing for Chapter 7 bankruptcy may help save your business or provide a simple way to liquidate it.

    If you re a small business owner struggling with debt, Chapter 13 bankruptcy may help you reorganize your debts and save your business.

    With Chapter 11 bankruptcy, a small business can restructure and eliminate debts and continue in operation.

    Bankruptcy can help you whether you wish to continue or shut down your business. However, which type of bankruptcy can benefit you the most depends on your business structure and if you intend to stay in business.

    Personal Liability for Business Debt

    Whether you can be held personally liable for the debts of your business depends on the structure of your business and how it was formed.

    Whether your spouse is liable for your business debts depends on how your business is organized and how the debt was incurred.

    More Articles: Chapter 7, Chapter 11 Chapter 13

    Not sure which type of bankruptcy is best for your small business? Learn the pros and cons of Chapter 7 and Chapter 13 bankruptcy.

    Learn about the differences between Chapter 11 and Chapter 13 business bankruptcies.

    Your Credit After a Business Bankruptcy

    There is nothing in the bankruptcy law that prohibits you from starting a new business after bankruptcy. In fact, you might be able to apply some lessons learned from your prior financial problems to keep you out of trouble in the new business.

    You can probably get a business loan after bankruptcy, but it will be more difficult. Learn what steps to take to increase your chances of getting a loan.

    Whether a business bankruptcy will affect your personal credit depends on whether you are personally liable for the business debt under the law.