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Daily Archives: March 19, 2021

Boris Becker gave £120,000 in backhanders to wife and ex to evade bankruptcy rules, court hears – Daily Mail

BankruptcyBy Insolvency GuardianMarch 19, 2021

Tennis legend Boris Becker gave 120,000 in backhanders to his wife and his ex to evade bankruptcy rules, court hears Boris Becker, 53, was declared bankrupt four years ago after spending fortune Tennis ace allegedly hid money following bankruptcy order to paying creditors Court hears he hid proceeds from 3m sale by sending them to…

5 Stars Who Went Bankrupt Bankless Times – Bankless Times

BankruptcyBy Insolvency GuardianMarch 19, 2021

Bankruptcy can happen to anyone even billionaires. The news is full of former high-flying celebrities whose careers have tanked, or they made unwise investments. Filing for bankruptcy isnt a prison sentence. Youll see a multitude of bankrupt celebrities, movie stars, musicians, and athletes. Some celebrities of the past who went bankrupt include singer and actress…

Australian government passes IR laws attacking casual workers, but business demands much more – WSWS

RestructuringBy Insolvency GuardianMarch 19, 2021

The Liberal-National Coalition government pushed its industrial relations legislation through the Senate yesterday, but it had to drop key aspects of the bill that had been demanded by big business in order to win the votes of crossbench MPs. While the laws contain attacks on the rights and conditions of casual workers, and have been…

What Is Debt Consolidation? | The Ascent – Motley Fool

Debt HelpBy Insolvency GuardianMarch 19, 2021

Many Americans carry some form of debt. Debt consolidation can help you break free of high-interest debt before trouble arrives. Here, we’ll help you compare online debt consolidation lenders and find out who offers the best terms for your situation. If you’re asking yourself, “What is debt consolidation?” you’ve come to the right place. We’ll…

IBC: Supreme Court To Decide On The Promoters Vs Government Fight – BloombergQuint

BankruptcyBy Insolvency GuardianMarch 19, 2021

Mar 19 2021, 1:47 PMMar 19 2021, 1:57 PMMarch 19 2021, 1:47 PMMarch 19 2021, 1:57 PM Industrialists like Anil Ambani, Kapil Wadhawan, Sanjay Singhal, Venugopal Dhoot and 42 others have taken the central government and the insolvency regulator to court. Their gripe? That the manner in which personal insolvency provisions for guarantors were notified…

V1 Group achieved business turnaround and completed restructuring in 2020 – Yahoo Finance

RestructuringBy Insolvency GuardianMarch 19, 2021

Focus on sports quiz, set to become a leading digital sports entertainment group in China HONG KONG, March 19, 2021 /PRNewswire/ — V1 Group Limited, (“V1 Group” or the “Company“, together with its subsidiaries, the “Group“; stock code: 82) announces today its audited results of the year ended 31 December 2020. From the acquisition of…

Virgin draws first blood in battle over defecting Jetstar executive – The Australian Financial Review

LiquidationBy Insolvency GuardianMarch 19, 2021

Qantas arguments, that the choice of jurisdiction was not clear had no link to Singapore and that a hearing in Australia would be more convenient to all, also faced derision. The choice of jurisdiction is clear, Justice Hammerschlag said. There is no challenge to the jurisdiction of Singapore … that the proceedings have to be…

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