Are you looking to refresh your Netflix queue this weekend but cant find anything interesting to watch? There is always the gambling theme to turn to for exciting thrillers. It is rare to find a dull movie about gambling. The characters risk-it-all attitude, the deceptions, tension at the table, and turn around the underdogs luck…
Katie Price ‘to attend bankruptcy hearing over Zoom from her luxurious 1,400-a-night resort in the Maldives’ The former glamour model will attend a bankruptcy hearing over Zoom while she is staying with her beau Carl Woods at 1,400-a-night resortYou & Me Maldives The TV personality, 42, returns to court on Tuesday after someone ‘anonymously tipped…
Since 2003, corporate lawyers and insolvency accountants have benefited from a helpful ‘cheat sheet’ which answers the question, ‘how to tell if your business is insolvent‘. It comes in the form of a list that outlines 14 key indicators of insolvency. This list was established by the Courts as a general yardstick to identify if…
Like many Chinese children, Paul grew up watching his family play cards and mahjong at social gatherings. Key points: This week is Gambling Harm Awareness Week in Victoria The state announced a new gambling harm prevention and counselling service for migrant and refugee communities Experts say migrants are at higher risk of gambling problems because…
October 23, 2020 At the onset of the COVID-19 pandemic, the International Monetary Fund (IMF) announced that short-term debt loans and funding initiatives would be available for emerging market nations. The authors of a new paper argue that those programs need to continue. (Getty Images illustration) A Rochester economist says conflict between health priorities and…
From family operations to national firms, COVID-19 has made things tough for Australian businesses. Thousands have been forced to reduce their business hours, cut down on staff or shut down completely. As the global pandemic causes revenues to fall despite the unstoppable march of bills and expenses, one word becomes more prominent for businesses that…
As coronavirus continues to sweep across Australia, lockdowns and restrictions have brought intense financial strain upon thousands of businesses, with many facing company liquidation. Because continued restrictions like social distancing have made it almost impossible for any business to escape the pandemic’s effects, it is more important than ever to know how to tell if…
If your company has become insolvent as a result of Coronavirus, you will find that preparing for company liquidation can be a stressful aspect of the process. Providing company details and other information related to your insolvency is important to allow liquidators, and the Australian Securities and Investments Commission (ASIC), to wind things up. Whether…
Le Chteau seeks creditor protection pursuant to the CCAA to ensure a responsible, controlled and orderly liquidation of its assets MONTRAL, Oct. 23, 2020 /CNW Telbec/ – Le Chteau Inc. (TSX VENTURE: CTU) (“Le Chteau” or the “Company“) filed today an application (the”CCAA Application“) pursuant to the Companies’ Creditors Arrangement Act (“CCAA“) seeking protection of…
Could a regional turboprop operator once said to never, ever be able to turn a profit become Malaysias next national carrier? Thats the question confronting senior management at Malaysia Airlines, with the carriers fate again thrust into the spotlight after acknowledging the deep impact the coronavirus outbreak has wrought on its fortunes. Malaysia Airlines had…