Galena Mining’s Abra Mine Under Voluntary Administration – TipRanks
Galena Mining’s Abra Mine Under Voluntary Administration TipRanks Read the original article here
Gambling
Key facts Standardized global estimation of gambling harms has been limited, but estimates suggest that 1.2% of the world’s adult population has a gambling disorder. Harm from gambling by others is also widespread. Industry analysts estimate global gambling revenue will reach US$ 700 billion by 2028 (1). Smartphone use in low- and middle-income countries will drive much…
Director who sold the shipping containers he hired owes liquidators $600k – Stuff
Director who sold the shipping containers he hired owes liquidators $600k Stuff Read the original article here
Tradies fear they won’t receive money owed
Tradies owed thousands of dollars following the collapse of the country’s largest rooftop solar company are worried they’ll never get the money they’re owed. SolarZero was placed into surprise liquidation last week, with owner US investment giant BlackRock blaming “unsustainable losses”. Close to 200 workers are owed millions in holiday and redundancy packages. Iain McIsaac,…
Sanjeev Gupta’s troubled European empire to be probed by administrators
London | ArcelorMittal will send in administrators to investigate what happened inside industrialist Sanjeev Gupta’s European metals empire after winning a British court case over a €140 million ($225 million) debt. Liberty Steel East Europe (Holdco) – a holding company for a cluster of entities controlling six of Mr Gupta’s eight continental European steelworks –…
Troubled Melbourne fund to be liquidated – The Australian
Troubled Melbourne fund to be liquidated The Australian Read the original article here
Chinese Builder Shimao’s Liquidation Case Is Dismissed by Court – BNN Bloomberg
(Bloomberg) — Shimao Group Holdings Ltd. won a Hong Kong court decision to dismiss a creditor petition to liquidate the defaulted Chinese developer, buying more time to complete its debt restructuring plan. The Hong Kong High Court granted the dismissal Monday after the company said in an October filing that some banks and bondholders have…
Insolvency appointments November 16 to 29 2024 – Business News
Insolvency appointments November 16 to 29 2024 Business News Read the original article here
‘Fast fashion’ company collapse leaves $20 million owing to Bangladeshi exporters
Key Points Bangladesh-based companies have been doing business with Mosaic Brands for several years. Experts say Mosaic Brands struggled in retail due to rising competition from online ‘fast fashion’ outlets including Temu and Shein. FTI Consulting has been appointed as administrator, while KPMG will act as receiver and manager. Mosaic Brands Limited is one of…
Bruno Mars Allegedly Has Massive Debt From Gambling
New reports suggest that Bruno Mars‘ heavy gambling habits might have landed him in serious trouble. It is said that the singer, who at one time supported himself by working as a professional poker player, has racked up huge debts at the table over the course of his career. A Vegas insider told News Nation,…