Councillors at Birmingham city council “ignored the warning signs” of its financial crisis and caused a “self-inflicted” disaster that will take years of cuts to rectify, according to the lead government commissioner drafted in to help. Local government expert Max Caller, who has been nicknamed Max the Axe for his unsparing approach to budget cuts,…
Video: Government to guarantee Rex flights as airline in administration Government to guarantee Rex flights as airline in administration We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer The federal government will guarantee Rex flight bookings for existing and…
UPDATED 3/18/24, 3:47 p.m. ET: MGM Resorts International has denied allegations that Bruno Mars is in debt with the global hospitality and entertainment company. “We’re proud of our relationship with Bruno Mars, one of the world’s most thrilling and dynamic performers,” MGM wrote in a statement provided to Complex. “From his shows at Dolby Live…
EuroScience, the association behind the European Science Open Forum (ESOF), Europe’s largest science conference has gone bankrupt after failing to secure funding for the 2026 event. This year’s ESOF will go on as planned in Katowice, Poland, but uncertainty looms over the future after the European Commission, a co-funder of the conference, changed the way…
About CTCL, NLU, Delhi The Centre for Transnational Commercial Law (“CTCL”) is a constituent unit and specialized research centre of the National Law University Delhi established in 2008 by Act No. 1 of 2008 of Delhi. Since its establishment in 2016, CTCL has actively undertaken various initiatives to promote research and scholarship in the area…
More than three million Australians will have their student debt wiped in a bid to win over younger voters crushed by the cost of living crisis. Education Minister Jason Clare on Sunday announced the government would cap the Higher Education Loan Program (HELP) indexation rate, eliminating about $3 billion of student debt. The capped rate…
The Federal Court has recently delivered judgment in the case of Cooper as Liquidator of Runtong Investment and Development Pty Ltd (In Liq) v CEG Direct Securities Pty Ltd [2024] FCA 6, a case where a liquidator was successful in having a mortgage declared as an unreasonable director-related transaction. Key Takeaways To declare that a transaction…
Vanuatu’s only airline has entered voluntary liquidation after its government ordered a review of the carrier’s operations, disrupting the travel plans of hundreds scheduled to fly between the island nation, Australia and New Zealand over the next week. Ernst & Young (EY) were appointed liquidators on Friday after the government-owned airline was grounded earlier this…
The post Bruno Mars Apparently Owes $50 Million in Gambling Debt appeared first on Consequence. Bruno Mars recently entered the ninth year of his residency at Park MGM in Las Vegas, which he extended with 12 shows taking place throughout 2024. But if you believe a report from News Nation, part of the reason Mars’…
Enviva, the world’s largest maker of wood pellets with four plants and an export terminal in North Carolina, has declared bankruptcy but says it expects to emerge with its business intact. Maryland-based Enviva announced late Tuesday that it had reached agreements with several of its creditors that will allow it to reduce its debt by…