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Daily Archives: June 26, 2019

Kamaru Usman: Colby Covingtons gambling debt cost him his UFC title shot, Ben Askren is now next – MMA Mania

GamblingBy Insolvency GuardianJune 26, 2019

Colby Covington was recently booked to face Robbie Lawler in the main event of UFC on ESPN 5, set for Sat., Aug. 3, 2019 inside Prudential Center in Newark, New Jersey. Chaos was in line to get the next Welterweight title fight against Kamaru Usman, but since The Nigerian Nightmare is still recuperating from injury,…

EXCLUSIVE: New Look Slimmed Down Loewe Tipped, After Administrators Called In – ChannelNews

BankruptcyBy Insolvency GuardianJune 26, 2019

German TV Company Loewe which is 96 years old has called in the administrators, but insiders are tipping that a new look Company could emerge as investors snap up assets and investors take advantage of the strength of the Loewe name and history. In Australia the brand is distributed by Indi Imports. According to people…

Betting is as harmful to children as smoking | Comment – The Times

GamblingBy Insolvency GuardianJune 26, 2019

MARTHA GILL June 27 2019, 12:01am,The Times Martha Gill Opening an addiction clinic is a sad indictment of our efforts to shield the young from gambling Britain is a country of gamblers. There is Ascot, there is the National Lottery, and there were Winston Churchills routinely unlucky streaks in Monte Carlo (on one visit he…

ATO tax return: HECS-HELP loan debt mistake leaving people in tears – Herald Sun

Debt HelpBy Insolvency GuardianJune 26, 2019

When you start a new job, youre inundated with paperwork but leaving one small box unticked could result in a nasty surprise bill. Department of Education and Training figures reveal 2.9 million Australians had outstanding Higher Education Loan Program (HELP, formerly HECS) debts in 2017-18. Thats a significant jump from the 2.7 million who had…

ATO tax return: HECS-HELP loan debt mistake leaving people in tears – NEWS.com.au

Debt HelpBy Insolvency GuardianJune 26, 2019

When you start a new job, youre inundated with paperwork but leaving one small box unticked could result in a nasty surprise bill. Department of Education and Training figures reveal 2.9 million Australians had outstanding Higher Education Loan Program (HELP, formerly HECS) debts in 2017-18. Thats a significant jump from the 2.7 million who had…

Bathstore collapses: UK bath specialists plunge into administration 500 jobs at risk – Express

RestructuringBy Insolvency GuardianJune 26, 2019

Bathstore will continue to trade from its 135 stores in the UK, all of which are at risk of closure, while in administration. The business has appointed BDO to attempt to find a buyer. Ryan Grant, BDO business restructuring partner, said: “Despite significant investment into the business over the past five years, Bathstore has struggled…

Court slaps $2.3 million fine on company selling fake Aboriginal art – Sydney Morning Herald

LiquidationBy Insolvency GuardianJune 26, 2019

Loading The Australian Competition and Consumer Commission urged Justice Melissa Perry to award a penalty in the range of $2 to $2.5 million as a deterrent to this kind of breach, which could undermine the integrity of the Indigenous arts sector. Such conduct puts at risk an array of economic and social benefits which are…

Fake Aboriginal Art company slapped with $2.3 million fine – 9News

LiquidationBy Insolvency GuardianJune 26, 2019

An Australian business caught selling fake Aboriginal art has been fined $2.3 million dollars in a federal court ruling today, highlighting a thriving black-market that exploits and expropriates Indigenous culture. Brisbane company Birubi Art was found to have breached Australian consumer law and to have misled its customers by promoting products as genuine Aboriginal art…

Court slaps $2.3 million fine on company selling fake Aboriginal art – Brisbane Times

LiquidationBy Insolvency GuardianJune 26, 2019

Loading The Australian Competition and Consumer Commission urged Justice Melissa Perry to award a penalty in the range of $2 to $2.5 million as a deterrent to this kind of breach, which could undermine the integrity of the Indigenous arts sector. Such conduct puts at risk an array of economic and social benefits which are…

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