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Moises Gertner
Moises Gertner (born August 1957) is British businessman in real estate, property development, and natural resource commodities. Moises and his brother Mendi Gertner were formerly listed in the 2009 Sunday Times Rich List, with an estimated Net Worth of 450m Euros For several years Moises and Mendi have been in several long running legal disputes with billionaires Dan Gertler Robert Tchenguiz, and Beny Steimetz as well as Kaupthing Bank in Iceland. Business Career Through their company, Fordgate, Moises and Mendi Gertner once had a European property portfolio valued at more than 2.5 billion Euros. Their properties included the previous headquarters of Lazard Bank in the City of London, and the Southside Wandsworth shopping center. They were also significant shareholders of Nikanor, a copper miner that floated on AIM in 2006 and was eventually taken over by global commodities group Glencore. The brothers' property empire faced ruin after the 2008 financial crisis and the 2008 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sunday Times Rich List 2009
The ''Sunday Times'' Rich List 2009 was published on 26 April 2009. Since 1989 the UK national Sunday newspaper ''The Sunday Times'' (sister paper to ''The Times'') has published an annual magazine supplement to the newspaper called the ''Sunday Times Rich List''. The list is based on an estimate of the minimum wealth of the richest 1,000 people or families in the United Kingdom as of January of that year, and is compiled by Dr Philip Beresford. A separate section lists the 250 richest Irish, including both Northern Ireland and the Republic of Ireland. As in previous years, the List was widely previewed in the UK media and extensively covered on the day of its publication. The top three places in the List were unchanged from the previous year. The Hinduja brothers, ranked 4th in 2008, and Leonard Blavatnik, ranked 11th in 2008, were removed from the list. Among the most notable changes were the loss of £155 billion from the collective fortunes of Britain's richest 1,0 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alternative Investment Market
AIM (formerly the Alternative Investment Market) is a sub-market of the London Stock Exchange that was launched on 19 June 1995 as a replacement to the previous Unlisted Securities Market, Unlisted Securities Market (USM) that had been in operation since 1980. It allows Company, companies that are smaller, less-developed, or want/need a more flexible approach to governance to Initial public offering, float stock, shares with a more flexible financial regulation, regulatory system than is applicable on the main market. At launch, AIM comprised only 10 companies valued collectively at £82.2 million. As at May 2021, 821 companies comprised the sub-market, with an average market cap of £80 million per listing. AIM has also started to become an international exchange, often due to its low regulatory burden, especially in relation to the US Sarbanes–Oxley Act (though only a quarter of AIM-listed companies would qualify to be listed on a US stock exchange even prior to passage of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy In The United Kingdom
Bankruptcy in the United Kingdom is divided into separate local regimes for England and Wales, for Northern Ireland, and for Scotland. There is also a UK insolvency law which applies across the United Kingdom, since bankruptcy refers only to insolvency of individuals and partnerships. Other procedures, for example administration and liquidation, apply to insolvent companies. However, the term 'bankruptcy' is often used when referring to insolvent companies in the general media. Bankruptcy in England and Wales In England and Wales, bankruptcy is governed by Part IX of the Insolvency Act 1986 (as amended) and by the Insolvency Rules 1986 (as amended). The term bankruptcy applies only to individuals, not to companies or other legal entities. An individual may be made bankrupt only by court order following the presentation of a bankruptcy petition. An individual may present his own petition on the ground that he is insolvent, i.e. unable to pay his debts. A creditor or creditors may ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High Court Of Justice
The High Court of Justice in London, known properly as His Majesty's High Court of Justice in England, together with the Court of Appeal (England and Wales), Court of Appeal and the Crown Court, are the Courts of England and Wales, Senior Courts of England and Wales. Its name is abbreviated as EWHC (England and Wales High Court) for legal citation purposes. The High Court deals at Court of first instance, first instance with all high-value and high-importance Civil law (common law), civil law (non-Criminal law, criminal) cases; it also has a supervisory jurisdiction over all subordinate courts and tribunals, with a few statutory exceptions, though there are debates as to whether these exceptions are effective. The High Court consists of three divisions: the King's Bench Division, the #Chancery Division, Chancery Division and the #Family Division, Family Division. Their jurisdictions overlap in some cases, and cases started in one division may be transferred by court order to a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charity Commission For England And Wales
The Charity Commission for England and Wales is a non-ministerial government department, non-ministerial department of Government of the United Kingdom, His Majesty's Government that regulates Charitable organization, registered charities in England and Wales and maintains the Central Register of Charities. Its counterparts in Scotland and Northern Ireland are the Office of the Scottish Charity Regulator and the Charity Commission for Northern Ireland. The commission has four sites in London, Taunton, Liverpool and Newport, Wales, Newport. Its website lists the latest annual reports submitted by charities in England and Wales. During the financial year 20222023, the Commission regulated £88billion of charity income and £85billion of charity spend. Charity status Definition To establish a charity, an organisation must first find at least three trustees who will be responsible for the general control and management of the administration of the charity. The organisation ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008–2011 Icelandic Financial Crisis
The Icelandic financial crisis was a major financial crisis, economic and political event in Iceland between 2008 and 2010. It involved the default (finance), default of all three of the country's major privately owned commercial banks in late 2008, following problems in refinancing their current liability, short-term debt and a bank run, run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest of any country in economic history. The crisis led to a severe recession and the 2009 Icelandic financial crisis protests. In the years preceding the crisis, three Icelandic banks, Kaupthing Bank, Kaupthing, Landsbanki and Glitnir (bank), Glitnir, multiplied in size. This expansion was driven by ready access to credit in international financial markets, in particular money markets. As the 2008 financial crisis unfolded, investors perceived the Icelandic banks to be increasingly risky. Trust in the ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glencore
Glencore plc is an Anglo-Swiss Multinational corporation, multinational commodity trading and mining company with headquarters in Baar, Switzerland, Baar, Switzerland. Glencore's oil and gas headquarters are in London, London, England as well as its primary listing being on the London Stock Exchange, and it is one of the largest components of the FTSE 100 Index, FTSE 100 by market capitalization. Its registered office is in Saint Helier, Jersey, a Crown Dependencies, Crown Dependency of the United Kingdom. By some estimates, it is the world's largest commodity trader, and among the world's largest companies. The company was formed in 1994 by a management buyout of Marc Rich + Co AG (itself founded in 1974). The company merged with Xstrata in 2013, increasing its size substantially. Before that, the company was already one of the world's largest integrated producers and marketers of commodities. It was the largest company in Switzerland as well as the world's largest commodities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nikanor Plc
Nikanor plc was a publicly quoted holding company for Global Enterprises Corporate (GEC) with assets in the rich Copperbelt region in Katanga Province, Democratic Republic of the Congo (DRC). Nikanor plc was incorporated in 2006 with its registered head office in Douglas, Isle of Man. Nikanor's stock was listed on the London Stock Exchange's (LSE) Alternative Investment Market in London in July 2006. The initial public offering (IPO) raised US$400 million, and Nikanor's market capitalization reached $1.5 billion. The senior management team of Nikanor included Emile Mota and Simon Tuma-Waku, who were the chief of staff and Minister of Mines and Energy under DRC President Joseph Kabila. According to ''Mining Journal'', Kabila promulgated the new mining code in 2002. In May 2007, Beny Steinmetz, Dan Gertler and the Gertler Group, Nikanor's three main stakeholders, launched a hostile take over bid for Nikanor. The bid valued Nikanor's shares at £6.00, the price when it floated, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dan Gertler
Dan Gertler (; born 23 December 1973) is an Israeli billionaire businessman in natural resources and the founder and president of the DGI (Dan Gertler International) group of companies. Until 2022, his group had mining and oil interests in the Democratic Republic of the Congo (DRC), and has invested in diamonds, iron ore, gold, cobalt, copper, agriculture, and banking. his fortune was estimated at $1.5 billion by ''Forbes''. Biography Dan Gertler is the grandson of Moshe Schnitzer, first president and co-founder of the Israel Diamond Exchange, and the winner of the Israel Prize in 2004. His family was involved in cutting and merchandising diamonds. While growing up, Gertler learned about the diamond trade from his father and grandfather. At the age of 22, he opened his own diamond business. Business career In 1996, he founded the Dan Gertler International (DGI) group of companies. Dan Gertler International (DGI) International Diamond Industries-Congo (IDI-Congo) After gain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southside Wandsworth
Southside Wandsworth is a shopping centre in the district of Wandsworth in London, England. When it was built it was the largest indoor shopping centre in Europe and is currently the fifth largest indoor shopping centre in London after Westfield Stratford City, Westfield London, the Whitgift Centre and Brent Cross Shopping Centre. Overview Southside opened in 1971 as the Wandsworth Arndale Centre, and was the largest of the UK-wide chain of Arndale Centres with 110 shops. It occupies much of the town centre of Wandsworth, with five blocks of apartments above and the River Wandle running beneath, in a culvert. It initially included a mix of shops, offices and restaurants, as well as a market traders hall, although the latter has since been redeveloped. At one point it also housed a large nightclub, which closed in 2002 following complaints submitted to Wandsworth Council about noise. The centre suffered a notable decline in the 1980s and 1990s, before being extensively renov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of London Corporation
The City of London Corporation, officially and legally the Mayor and Commonalty and Citizens of the City of London, is the local authority of the City of London, the historic centre of London and the location of much of the United Kingdom's financial sector. In 2006, the name was changed from Corporation of London to distinguish the body governing the City of London from the Greater London Authority, the regional government of the larger Greater London administrative area. It is a corporation in the sense of being a municipal corporation rather than a company; it is deemed to be the citizens and other eligible parties acting as one corporate body to manage the City's affairs. The corporation is based at the Guildhall. Both businesses and residents of the City, or "Square Mile", are entitled to vote in corporation elections. In addition to its functions as the local authority (analogous to those undertaken by the 32 boroughs that administer the rest of Greater London) the Cit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
