Class action law firm Slater and Gordon is set to be owned by a consortium of international hedge funds after agreeing to a bailout that will see it emerge with a new board and strategy. The new plan, revealed on Thursday night, will involve hedge funds, led by Anchorage Capital swapping the debt they are owed…
The killers behind four execution-style murders in Melbourne, including the death of horse trainer Les Samba, are unlikely to ever be known, police concede. State coroner Sara Hinchey on Thursday ruled the murders of Mr Samba, brothers Vincenzo and Gerardo Mannella and businessman John Furlan would remain unsolved unless new evidence came to light. South Australian horse…
Leading Senior Constable King Taylor, the counsel assisting the state coroner, recommended the files be closed, as police had investigated as far as they could. Les Samba The South Australian-based trainer was in Melbourne for horse sales when on the night of February 27, 2011 he organised to meet someone in Middle Park and was…
Citizens Advice said that nearly one in five people struggling to pay their existing debts had seen their credit card limit increased higher than for cardholders in general. The news comes just months after it emerged that more than 700 people in Shropshire contacted debt charity StepChange for help with debts totalling £11.4 million during…
David Koch explains how to pick a policy that’s right for you The companies operated tours across Australia, including to the Northern Territory. Picture: iStock HUNDREDS of holiday-makers have had their travel dreams dashed and may be thousands of dollars out of pocket with the collapse of two popular tour group operators. M J Reed…
A Canberra woman whose life was nearly ruined by an addiction to poker machines is calling on policy makers in Western Australia to continue to resist any change to the state’s pokie laws. Unlike in the eastern states,where pokies can be seen in just about every pub, bar and club while governments rake in billions…
Hemant Mishra/Mint The corporate insolvency and resolution process (CIRP) initiated against Jaypee Infratech Ltd under the Insolvency and Bankruptcy Code, 2016, has triggered an amendment in the insolvency code itself. Earlier, the code did not include homebuyers of under-construction projects as creditors under any category. However, according to the amendment carried out on 16 August,…