Brokers urged to rethink premium funding as SME insolvencies surge – Insurance Business
Brokers urged to rethink premium funding as SME insolvencies surge Insurance Business Read the original article here
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The new Corporate Insolvency and Governance Act: Implications for the energy and infrastructure sectors | Australia | Global law firm
Introduction The Corporate Insolvency and Governance Act 2020 (the “Act”) came into force in June 2020. It introduced a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK. The overarching objective of the Act is to promote the rescue of companies in financial…
NCLAT Allows IDBI Trusteeship to Initiate CIRP as there is Valid Authorization from Assignee of Debt [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has allowed IDBI Trusteeship to initiate Corporate Insolvency Resolution Process (“CIRP”) as there is a valid authorization from the assignee of the Debt. The Appeal has been filed by the Suspended Director of the Corporate Debtor (“CD”) – Advantage Raheja Hotels Private Limited challenging the order…
REVEALED: Latest business liquidations in Swan – dailytelegraph.com.au
REVEALED: Latest business liquidations in Swan dailytelegraph.com.au Read the original article here
Cruise ship passenger jumps overboard to avoid paying $16K gambling debt: police – MSN
Cruise ship passenger jumps overboard to avoid paying $16K gambling debt: police MSN Read the original article here
Cruise ship passenger jumps overboard to avoid paying $16K gambling debt: police – MSN
Cruise ship passenger jumps overboard to avoid paying $16K gambling debt: police MSN Read the original article here
the ATO is ramping up efforts in pursuit of Adgemis’ debts
The Australian Taxation Office is ramping up its pursuit of Jon Adgemis, asking a court to allow it to take the place of Monaco-based rag trader Richard Gazal in his bankruptcy action against the beleaguered publican. The ATO applied to the Federal Court on Thursday. Gazal is one of a number of creditors who have…
Unity Biotechnology stockholders approve company liquidation and dissolution plan – Investing.com
Unity Biotechnology stockholders approve company liquidation and dissolution plan Investing.com Read the original article here
Wendy Knowler | ‘No one put a gun to my head’: How online gambling cost one SA woman nearly R600k in debt – News24
Wendy Knowler | ‘No one put a gun to my head’: How online gambling cost one SA woman nearly R600k in debt News24 Read the original article here