South Korean crypto platform Delio declared bankrupt, owing $1.75 billion – Cryptopolitan
South Korean crypto platform Delio declared bankrupt, owing $1.75 billion Cryptopolitan Read the original article here
Hampshire sees drop in insolvency activity for third month
R3, the UK’s restructuring, turnaround, and insolvency trade body, noted a decline from 223 in May to 163 in June. This includes administrator and liquidator appointments and creditors’ meetings. Nationally, the South East ranks sixth in insolvency-related activities, behind Greater London, the North West, East Anglia, the West Midlands, and Yorkshire & Humberside. Despite this,…
Company Directors Disqualification Act 1986 and failed companies
1. Director disqualification Director disqualification is the process whereby a person is disqualified, from: becoming a director of a company directly or indirectly being concerned or taking part in the promotion, formation or management of a company without permission from the court or a licence. The Company Directors Disqualification Act 1986 (CDDA) applies. The Insolvency…
Malaysian Federal Court Decides Gambling Debts Cannot Be Enforced
Malaysia’s Federal Court has decided that people cannot recover gambling debts, which strengthens the country’s tough position on betting agreements. This ruling came after businessman Dato’ Ting Ching Lee won his appeal against tour agent Ting Siu Hua‘s counterclaim. Ting Siu Hua had tried to get back about MYR6 million ($1.5 million) in gambling credit.…
Drake sparks debate after posting $8 million gambling losses
Drake left fans speechless this week after casually admitting he’s down a staggering $8 million from gambling this month alone. Naturally, the internet didn’t hold back. Roasts rolled in thick and fast, with ‘Certified Loser Boy’ quickly becoming his new online nickname – while others praised him for being transparent. On Wednesday (18 June), the…
Bet Big, Lose Bigger? Why Trump’s Tax Law Has Gamblers Upset – MSN
Bet Big, Lose Bigger? Why Trump’s Tax Law Has Gamblers Upset MSN Read the original article here
Curaçao Master Licensee Cyberluck Declared Bankrupt
Cyberluck continues to face serious trouble in Curaçao and is once again under fire by the Foundation for the Protection of the Interests of Victims of Online Gambling. The Court Declared the Operator Bankrupt The Court of First Instance of Curaçao has declared online gambling operator Cyberluck bankrupt. The company was one of the four…
Coronation Street star ended up bankrupt and £90k in debt after leaving soap | Celebrity News | Showbiz & TV
One Coronation Street star was declared bankrupt years after her exit from the ITV soap. Actress Eva Pope portrayed Tanya Pooley, starring in 143 episodes between 1993 and 1994. The 57-year-old went on to appear in a number of other TV shows, including Casualty, Heartbeat, The Bill and Holby City. But Eva is perhaps best…
Moratorium u/s 14 of IBC Does Not Bar ED’s Provisional Attachment Under PMLA: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal (NCLAT) ruled that the issuance of a Provisional Attachment Order (PAO) by the Directorate of Enforcement (ED) under the Prevention of Money Laundering Act, 2002 (PMLA), does not violate the moratorium under Section 14 of the IBC. In this case, the appeal has been been…
National Debt Relief tops Forbes Advisor’s Best Debt Relief And Settlement Companies of 2025
Industry leading debt settlement company secures spot for third year in a row NEW YORK, July 8, 2025 /PRNewswire/ — National Debt Relief, the industry leader in debt settlement known for its unique approach to debt relief, has been recognized as “Best Debt Relief and Settlement Companies of 2025” by Forbes Advisor. This is the third consecutive…