Major League Baseball star Shohei Ohtani’s former interpreter has been sentenced to 57 months in prison after stealing nearly $17 million to repay gambling debts. John W. Holcomb, the U.S. District Judge who oversaw the trial, sentenced Ohtani to just shy of five years in prison, followed by three years of supervised release. The disgraced…
Australia’s largest glass maker, Oceania Glass, has collapsed following mounting losses and a failed bid to compete with cheap imports from China. Grant Thornton has been appointed as administrator of the company. A 169-year-old glass manufacturer, Oceania Glass plays a key role in Australia’s glass supply industry. The company specialises in float glass, coated glass…
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PacificDebt.University, founded by Pacific Debt Relief CEO Kevin Landie, Launches Free Financial Education EIN News Read the original article here
New Delhi: Coffee Day Enterprises Ltd (CDEL), which owns the Cafe Coffee Day chain, is trying to negotiate a settlement with its creditor IDBI Trusteeship Services in parallel to the ongoing proceeding before insolvency appellate tribunal NCLAT. On August 14, 2024, the National Company Law Appellate Tribunal (NCLAT) stayed the insolvency proceedings initiated against CDEL…
Insolvency-related activity decreases across Portsmouth and the South East Portsmouth News Read the original article here
New Delhi, Feb 10 (PTI) Coffee Day Enterprises Ltd (CDEL), which owns the Cafe Coffee Day chain, is trying to negotiate a settlement with its creditor IDBI Trusteeship Services in parallel to the ongoing proceeding before insolvency appellate tribunal NCLAT. On August 14, 2024, the National Company Law Appellate Tribunal (NCLAT) stayed the insolvency proceedings…
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Haydale places “loss-making” US arm into corporate insolvency process Insider Media Read the original article here
Brazil’s Ministry of Agrarian Development plans to launch a new debt relief program this February to help small farmers and agrarian reform settlers regain financial stability. The initiative, which aims to restructure or write off outstanding debts, will cover more than 943,000 producers whose combined liabilities exceed R$19.5 billion. The program will target debts that…