Government to guarantee Rex flights as airline undergoes administration – MSN
Government to guarantee Rex flights as airline undergoes administration MSN Read the original article here
Federal Prosecutors Allege Disgraced NBA Star Jontay Porter Had To Throw Games Due to Huge Gambling Debt – PINKVILLA
Federal Prosecutors Allege Disgraced NBA Star Jontay Porter Had To Throw Games Due to Huge Gambling Debt PINKVILLA Read the original article here
Sydney man remorseful after ‘foolproof’ betting scheme loses $1.2 million
Despite his “foolproof” sports-betting scheme haemorrhaging money, Michael Pryde recklessly invited his friends and family to gamble their money. In the end, he lost over $1 million of their money in the failed scheme as he tried to beat the odds and recoup his losses. Pryde ran the Simply The Bets scheme with a promise…
McGill and Partners Launches Coverage for Corporate Insolvency as D&O Policy Extension
McGill and Partners, the London-based boutique specialist re/insurance broker, has launched SAIFElimits, a coverage solution for corporate insolvency. The scheme is designed to be incorporated into any primary directors and officers (D&O) policy and is triggered automatically by an insolvency event. This extension allows protection to remain in place for directors and officers for up…
Allianz Trade Insolvency Report
What’s behind this acceleration? The recession in corporate revenues is gaining traction amid lower pricing power and weaker global demand: As of Q2 2023, the revenue recession has been broad-based across all regions for the first time since mid-2020 (-1.9% y/y). This combined with continued high costs is squeezing profitability. As a result, liquidity positions…
Company in liquidation but restructured business continues, says Rubik3 founder
Rubik3 founder and director Guy Earnshaw: the business remained sound and operating. Photo: Region. Rubik3 founder and director Guy Earnshaw has moved to quash reports that the award-winning consulting and recruitment business he founded has gone bust. Mr Earnshaw said the business had been restructured in March to June 2022 to streamline its work, including…
The Government said AI firm Cervest could ‘transform lives’ — It was weeks from collapse – Evening Standard
The Government said AI firm Cervest could ‘transform lives’ — It was weeks from collapse Evening Standard Read the original article here
Dion Lee Enters Voluntary Administration
Dion Lee this week joins Alice McCall and Tigerlily as the latest Australian fashion label to call in the administrators in 2024. High profile Australian fashion label Dion Lee has called in the administrators as major partner Cue announced its withdrawal from the label this week. “After a recent strategic review, a decision has been…
Katie Price declared bankrupt again
Katie Price has been declared bankrupt for a second time.The former glamour model – who was previously declared bankrupt in 2019 – owes more than £750,000 to HM Revenue and Customs (HMRC) and failed to respond to the organisation over the debt, a court was told on Monday (19.03.24).Insolvency and Companies Court Judge Sebastian Prentis…
O’Connor Appointed to UK Insolvency Service Board
Chartered accountant Lorcan O’Connor has joined the Insolvency Service Board as non-executive member Mr O’Connor was the founder of the Insolvency Service of Ireland (ISI) and led the organisation for seven years He joined the UK Insolvency Service Board on 2 April and was inducted on 2 May 2024 Lorcan O’Connor, founder and former leader…