Lady Gaga might have lots of money right now, but she was bankrupted after her ‘Monster Ball’ tour, with $3 million (£2.5m) debts. It might just seem like a blip in her history, considering she’s managed to bounce back and bigger than ever, but that’s not a small amount of money to lose. Now, she…
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The government appointed commissioners to help run the council in February. Changes were already being overseen by a government-appointed board following the collapse of council-owned Robin Hood Energy in 2020, but commissioners now have direct decision-making powers. Council leader David Mellen said councillors voted “with great reluctance”. “Nobody was pleased to vote in favour of…
MILAN — La Perla’s financial troubles have reached a tipping point. According to media reports, a Bologna, Italy, court declared the state of insolvency Thursday, with judge Michele Atzori naming a trifecta of court commissioners tasked with leading the Italian subsidiary La Perla Manufacturing Srl out of the quagmire. This marks the exit of the brand’s…
Former Toronto Raptors center Jontay Porter was permanently banned from the NBA in April after an investigation revealed he limited his participation in games in order to help associates win their bets on Porter’s player props, in addition to Porter betting on league games himself. On Tuesday, one of those associates was charged in the…
Liquidation looms as brewery’s frothy debts revealed Gold Coast Bulletin Read the original article here
The Supreme Court on Wednesday stayed a recent judgment delivered by the National Company Law Appellate Tribunal (NCLAT) closing insolvency proceedings initiated against ed-tech firm Byju’s (Glas Trust Company LLC v. Byju Raveendran and ors). A Bench of Chief Justice of India (CJI) DY Chandrachud with Justices JB Pardiwala and Manoj Misra passed the…
Victoria’s Supreme Court of Appeal has wiped a punter’s $150,000 debt after ruling paperwork failures rendered the bets invalid. Bookmaker David McLauchlan took action against punter Allen Ng after the punter incurred hefty losses between February and April 2020. The County Court ruled in McLauchlan’s favour in 2022, ordering Ng to pay the debt and…
Los Angeles Dodgers’ Shohei Ohtani runs to first base after hitting a double against the St. Louis … [+] Cardinals during the first inning of a baseball game Thursday, March 28, 2024, in Los Angeles. (AP Photo/Jae C. Hong) Copyright 2024 The Associated Press. All rights reserved All has been relatively quiet on the Shohei…
Labor says the Brisbane Greens’ plan to abolish council-owned pokie dens would deal a blow to businesses. Key points: The Greens say they will directly fund clubs and try to revitalise the live music scene Labor says getting rid of pokies will only drive problem gamblers to other places One council-owned club collected $27m in…