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Debt change to line student’s pockets The Australian Read the original article here
IFX Payments said today (Monday) it’s considering pulling out of its takeover bid for foreign exchange (FX) broker Argentex Group, just days after the struggling British currency firm appointed administrators due to funding problems. IFX Payments May Walk Away From Argentex Deal After Administration The payments company issued a statement saying Argentex entering administration is…
Latest figures from the Insolvency Service have shown that the number of registered business insolvencies in England and Wales decreased by 8.4% to a total of 2,043 in June compared to May 2025’s total of 2,230, and decreased by 15.9% compared to June 2024’s figure of 2,430. The business insolvencies consisted of 332 compulsory liquidations,…
Nature is one of Latin America and the Caribbean’s greatest assets. To help countries foster investment in biodiversity and natural capital, the IDB Group is expanding its toolkit with innovative financial instruments and technical expertise that align conservation goals with market incentives. For example, IDB Invest is pioneering the issuance of blue bonds, which catalyze…
Business Restructuring Review Vol. 24, No. 4 | July–August 2025 | Insights | Jones Day …
Home Business Big relief to Anil Ambani in Rs 920000000 case, NCLAT stays insolvency proceedings against…, after full payment to… IDBI Trusteeship had moved NCLT against Anil Ambani’s Reliance Infrastructure, but now NCLAT stays insolvency proceedings against the company. Anil Ambani (File) Reliance Infrastructure Ltd announced on Friday that the appellate tribunal NCLAT has halted…
MGM China sues Hong Kong actor Jacky Heung over US$180,000 gambling debt focusgn.com Read the original article here
The National Company Law Tribunal, New Delhi Bench-IV, comprising Manni Sankariah Shanmuga Sundaram (Member-Judicial) and Atul Chaturvedi (Member-Technical), has admitted an application u/s 7 of the IBC seeking initiation of the CIRP against the corporate debtor. The tribunal held that the amount advanced against property can be treated as a “financial debt” u/s 5(8) of…
EASY MONEY. An online gambling advertisement is prominently displayed along EDSA in Quezon City on July 8, 2025. Senator Sherwin Gatchalian on Monday (July 21) warned that the growing prevalence of online lending apps is enabling a deeper financial crisis among Filipinos already trapped in online gambling, pushing many further into debt and despair. (PNA…