When the Supreme Court struck down the federal ban on sports betting in 2018, Americans legally wagered less than $5 billion on sports annually. Last year, they bet $150 billion. What’s emerged isn’t just a bigger gambling market but a public health crisis in the making, with young men as its primary casualties. Today 90%…
SINGAPORE: A heartbroken woman took to Reddit to share how her five-year relationship ended in devastation after her boyfriend, who had long struggled with gambling and risky financial behaviour, broke up with her because he believed he could never give her a stable future. In a post on the r/SGMoney subreddit on Monday (Nov 10),…
Troubled Brazilian operator Oi has been declared bankrupt by a Rio de Janeiro court. Failure to comply with a court-approved restructuring plan, ratified in 2024, and the accumulation of debt not subject to bankruptcy rules were two of the main reasons cited by the judge involved for declaring the company bankrupt. She noted that noncompliance…
Cross-border issues are a key aspect of corporate restructurings and insolvencies, as companies may operate across multiple jurisdictions with differing insolvency regimes. The Court of Appeal confirmed earlier this year in Servis-Terminal LLC v Drelle [2025] that for a foreign debt judgment to form the basis for insolvency proceedings in England, it must be recognised…
A decision on whether Brittany Higgins will be declared bankrupt has been delayed due to a court technicality. Higgins and her husband, David Sharaz, have been ordered to pay Higgins’ former boss, former Liberal senator Linda Reynolds, upwards of $341,000 in damages and likely more than $1 million in legal costs after her defamation action…
A decision on whether Brittany Higgins will be declared bankrupt has been delayed due to a court technicality. Higgins and her husband, David Sharaz, have been ordered to pay Higgins’ former boss, former Liberal senator Linda Reynolds, upwards of $341,000 in damages and likely more than $1 million in legal costs after her defamation action…
November 11, 2025 15:32 | News A former senator’s bid to discover where Brittany Higgins’ $2.4 million compensation payout went following their bruising defamation battle has been frustrated by a bankruptcy paperwork glitch. Ex-Liberal senator Linda Reynolds successfully sued Ms Higgins over a series of social media posts the former defence minister believed damaged her…
The founders of MEVCO had ambitious plans – the Australian company aimed to replace light commercial vehicles in the mining industry with electric pickups and off-road vehicles. It also planned to take on their maintenance, build the necessary charging infrastructure in the mines, and provide monitoring solutions. Initially, MEVCO planned to deliver a total of…
The former chief executive of StrongRoom AI has told a court that he knew his company was at risk of insolvency after making an acquisition that it could not afford without new funding but pushed it through anyway. Max Mito ran the pharmacy software platform before it collapsed because of alleged fraud, having founded it…
Aaron Bunch | November 11, 2025 Linda Reynolds wants to know what Brittany Higgins did with her $2.4 million compensation payout. A former senator’s bid to discover where Brittany Higgins’ $2.4 million compensation payout went following their bruising defamation battle has been frustrated by a bankruptcy paperwork glitch. Ex-Liberal senator Linda Reynolds successfully sued Ms…