The recent hearings into the suitability of Judge Brett Kavanaugh to serve on the Supreme Court of the United States have raised many important questions. Kavanaugh faces serious scrutiny regarding allegations of sexual assault, as has been widely reported. We look today though at his views toward sports betting integrity. Prior to the assault allegations, Kavanaughs…
NEW DELHI: The Supreme Court on Wednesday vowed to plug loopholes in the working of Insolvency and Bankruptcy Code (IBC) proceedings, which came to the fore during the ongoing intense fight between ArcelorMittal and Numetal to disqualify each other from bidding to revive debtridden Ruias-led Essar Steel. A bench of Justices R F Nariman and…
Advertisement Campaign Against Impunity (CAI), a civil society group has called on regulators in the oil, gas, and maritime sectors, to wade into the forced liquidation of Sea Trucks Group (STG), an indigenous company, by some expatriates. The group made the call in a series of letters addressed to the Nigerian National Petroleum Corporation (NNPC),…
THE owners of Wiggins Island Coal Export Terminal have received an eight-year respite on debt repayments, which some feared would lead to the facility’s demise. A New South Wales Court has given the go-ahead to a $3.5billion refinancing plan, hoped to help the miner owners handle its senior debt. The deal comes ahead of the…
THE owners of Wiggins Island Coal Export Terminal have received an eight-year respite on debt repayments, which some feared would lead to the facility’s demise. A New South Wales Court has given the go-ahead to a $3.5billion refinancing plan, hoped to help the miner owners handle its senior debt. The deal comes ahead of the…
Labour would ban the use of credit cards to place bets, affecting billions of pounds of transactions a year, as part of a crackdown on the gambling industry designed to tackle an epidemic of addiction. Deputy leader Tom Watson will this week publish the conclusions of the partys year-long review of gambling regulations, which were…
Orla Kiely, the brand known for its 1970s-inspired prints, has closed its stores and website in the UK and Ireland after its parent company, Kiely Rowan, called in administrators. The company, owned by Irish designer Kiely known as the queen of prints and her husband, Dermott Rowan, said it was entering voluntary liquidation following various…
As financially stressed bookmakers contemplate company voluntary administrations (CVAs) in the face of a £2 staking limit on fixed-odds betting terminals (FOBTs), the UK Gambling Commission will be looking to “key event” clauses in its licence conditions to remain in the loop. Dubbed landlord-only administration by its critics, a CVA is an insolvency process whereby…
With reference to the subject matter this is to inform you that Mr. Kshitiz Chhawchharia, Registration No. IBBI/IPA-001/IP P00358/2017-18/10616 has been appointed as Resolution Professional (RP) in place of Mr. Nilesh Sharma in the meeting of Committee of Creditors (CoC) held on 7th February, 2018 and which is further recorded by Honble NCLT, Kolkata vide…
By Fiona Morrow If a companys assets consist primarily of ideas, securing funding to keep the development of that idea going forward through an insolvency process can be a real challenge. Thats because everything that is exciting about new technology becomes part of the problem when an IT company…