ATLANTIC CITY, N.J. — Atlantic City’s Borgata casino says it will stop making tax payments until the city hands over $62.5 million in court-ordered tax refunds. That move could cause the cash-strapped city to run out of money within weeks; Mayor Don Guardian said it would be “devastating” if the Borgata withheld a tax payment…
The only thing worse than Jay Williams rookie year in the NBA, was the next seasonthe one that never happened. The promising point guard out of Duke looked headed to stardom until a motorcycle crash ended his career and sent his life into a downward spiral of depression and addiction. Williams, now a successful ESPN…
Things keep getting worse for one two-time National Football League pro bowler. Former NFL running back Clinton Portis owes $4.8 million to creditors, $170,000 of which comes from a gambling trip to the Borgata Hotel Casino in Atlantic City. According to a report from NJ.com, Portis allegedly wrote bad checks to try to pay off…
Convicted East Hartford mobster John A. Barile pleaded guilty Thursday to federal crimes that include setting fire to his Middletown restaurant while his inebriated business partner was inside and shocking a man with a stun gun for failing to pay some $50,000 in gambling debts. Sentencing guidelines call for Barile, 52, who has been living…
My husbands business is successful, but I have never really looked at how our personal assets may be exposed if it ever goes belly up. We have a £2m home, which I co-own. So I would like to find out how best we can protect the house and my own half-share of the house against…
DAVID UNWIN / FAIRFAX NZ. The Highflyers building, on the corner of The Square and Main St in Palmerston North, has been largely empty since 2013. The liquidation of the company that wanted to redevelop the Highflyers building in Palmerston North has ended badly for creditors. Liquidators have been unable to squeeze a cent out…
Image: LendEDU With nearly 70% of college graduates leaving school with student loan debt, the idea of adding student loan assistance to employee benefit packages is starting to become a reality for companies who want to attract top talent. Take for example startup firm, LendEDU in Mountain View, California. Started 18 months ago by Nate…
In 1999, Sydney was at its peak the Olympic Games were imminent and there was unbridled optimism that Sydney was about to emerge as an international city as the millennium approached. Internationally, Sydney was renowned as an incredibly fun place to live; the entertainment was world class, with great restaurants and venues to visit at…