New Delhi: M S Sahoo on Saturday took charge as Chairperson of the Insolvency and Bankruptcy Board of India (IBBI). The oath of office was administered by Finance and Corporate Affairs Minister Arun Jaitley here. Sahoo, a financial markets expert, was appointed as IBBI Chairperson for a period of five years last month. The Finance…
(For more Reuters Special Reports, double-click on ) By Joel Schectman and Koh Gui Qing LAS VEGAS, Sept 30 (Reuters) – By the time the Las Vegas Sands Corp tried to collect on the gambling debts last year, the two women owed $6.4 million, lost during a few disastrous days of baccarat. But when the…
Dave Ramsey Published Oct 1, 2016 at 8:00 am (Updated Sep 30, 2016 at 7:06 pm) Bigger issue: when a husband refuses to help his wife tackle a mountain of credit card debt she faces, there is a relationship problem, warns Dave Ramsey
The VCA elections will not be held on November 15, 2016 as per the time line given by the Lodha Committee. The Vidarbha Cricket Association (VCA) became the first full member of the BCCI to adopt the MoA and Rules and Regulations as recommended by the Supreme Court appointed Justice Lodha Committee. At a special…
NEW YORK–(BUSINESS WIRE)–EisnerAmper LLP today announced that Rick L. Frimmer, JD, CPA, will join the firm as a Managing Director in its Bankruptcy & Restructuring practice. Frimmer has more than 35 years of experience providing legal and strategic advice in restructurings of municipal and corporate debt, as well as equity. He has represented virtually every…
By Reuters Published: 21:01 +10:00, 30 September 2016 | Updated: 21:01 +10:00, 30 September 2016 e-mail By Joel Schectman LAS VEGAS, Sept 30 (Reuters) – Here, in the city of glitz and promise, just a few poor plays can bury a gambler under a tower of debt. And when a player doesn’t repay the loans,…
By Reuters Published: 21:00 +10:00, 30 September 2016 | Updated: 21:00 +10:00, 30 September 2016 e-mail By Joel Schectman and Koh Gui Qing LAS VEGAS, Sept 30 (Reuters) – By the time the Las Vegas Sands Corp tried to collect on the gambling debts last year, the two women owed $6.4 million, lost during a…
Leading Australian businesses, brands and charities including the AFL, Cricket Australia and Movember may have been defrauded as part of an alleged systemic rort by collapsed leading agency, Ambient Advertising. An investigation by a NSW Supreme Court-appointed special purpose liquidator into Ambient Advertising is examining allegations the firm may have routinely and deliberately overcharged some…
The figures for April to June 2016 show that total company insolvencies were lower than the previous quarter and also decreased on the year, largely because of a fall in compulsory liquidations. An estimated total of 3,617 companies entered insolvency in Q2 2016, which was 4.2% lower than Q1 2016 and 2.7% lower than Q2…
Airberlin, the European carrier in which Abu Dhabis Etihad Airways has a 29.2% stake, has unveiled a far-reaching restructuring of its business, which will see the company concentrate its core operations as a dedicated, focused network carrier serving higher-yielding markets, from its two key hubs in Berlin and Dusseldorf, with a core fleet of 75…