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Daily Archives: February 27, 2021

FAI asks government for part of gambling tax to help clear 70m debt – Business Post

GamblingBy Insolvency GuardianFebruary 27, 2021

Football body says that because of large proportion of bets made on football, sport should benefit from the tax 28th February, 2021 Republic of Ireland play Bulgaria in a friendly at the Aviva Stadium: The gambling industry has worked particularly hard to create a strong link in our minds between major sports events and betting,…

Insolvency through the looking glass – BlueNotes

LiquidationBy Insolvency GuardianFebruary 27, 2021

The key aspects of this new law are: Available for companies with liabilities under $A1 million. A moratorium from creditor actions (including personal guarantees) will occur following a resolution of the board/directors to appoint a Small Business Restructuring Practitioner (SBRP) to assist with the collation of a plan. Directors remain in control while they collate…

Evander Kane creditor blasts Sharks wing in scorched-earth bankruptcy filing – The Athletic

GamblingBy Insolvency GuardianFebruary 27, 2021

San Jose Sharks left wing Evander Kane is a problem gambler whose six-week-old bankruptcy filing is designed to shield his considerable assets and stiff his lenders, one of his top creditors charged in a blistering and explosive motion Friday. Kane made waves when he filed for chapter 7 bankruptcy protection last month, declaring $26.8 million…

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