Posted on: December 2, 2020, 01:37h. Last updated on: December 2, 2020, 03:00h. Philip Conneller Read More A gambler accused of stabbing an 88-year-old man to death outside the Ho-Chunk casino in Baraboo apologized to the victims family shortly before he was sentenced to life Tuesday. Robert Pulvermacher appears in Sauk County Circuit Court shortly…
Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government, student loan lenders and others. Check out our Student Loan Hero Coronavirus Information Center for additional news and details. Using a personal loan to consolidate debt can simplify your financial life. But…
Covid-19 may create stress on External Commercial Borrowings (ECB) and guarantees issued for overseas borrowings of Indian corporates. The consequences will not only be bitter for the corporates but also for the larger fraternity of creditors in India, in case a cross border insolvency framework is not implemented at the earliest. In 1996, a prominent…
Provided by The Independent An Indian state has passed a law banning online gaming, citing what it said were several reported cases of youngsters taking their own lives after they were pushed into debt by playing e-games. Explaining the need for the legislation, the Andhra Pradesh government said the expansion of access to new technology…
Capital restructuring services have been one of the important financial solution-based services in the last few decades and have seen stable growth in recent years. Restructuring services are used to address issues associated with insolvency, mergers, de-mergers, bankruptcies, liquidations, and distressed sales. These services are mainly focused to optimize business costs, repositioning & regaining control…
Mumbai: Lenders to Dewan Housing Finance Corp Ltd have moved the Mumbai bench of National Company Law Tribunal (NCLT) to initiate personal insolvency proceedings against the erstwhile promoters Kapil and Dheeraj Wadhwan, according to a person aware of the matter. DHFL owes 87,031 crore from financial creditors, including 39,000 crore from banks. “We will contact…
The loosening will remove the existing professional requirements for insolvency practitioners to have 4000 hours of supervised work experience in the past five years and a postgraduate qualification in insolvency law. Australian Restructuring Insolvency and Turnaround Association chief executive John Winter said the proposed legislation was “broken” and it was “completely flawed” that accountants could…
Queensland companies are continuing to collapse by the dozen despite the state’s economy slowly recovering from the devastating COVID-19 shutdown. In November 60 companies were put into liquidation or administration – far less than before the pandemic. Previous modelling suggests thousands of Queensland small businesses continue to rely on the federal government’s JobKeeper program and…
In the last few months, due to the devastating effect the coronavirus pandemic has had on the global economy, the fiscal clock has been ticking more rapidly than ever before for many small and vulnerable states across the world. With Joe Bidens victory in the United States presidential election, which increased the possibility for meaningful…
Learning to recognise early signs of trouble, and partnering with an insolvency expert, can help public practitioners save their clients from going under. At a glance Challenging market conditions have resulted in many small businesses operating on the brink of insolvency. The best outcomes can be achieved when businesses, tax practitioners and insolvency experts partner…