Evoke, the heavily indebted gambling group that owns William Hill in the UK as well as the 888 brand, has put itself up for sale as it grapples with rising costs and regulatory pressure. The company said it is undertaking a review of its strategic options, which includes the possibility of selling the business. Investment…
Canara Bank Shares Grab Spotlight After Volume Surge; NCLAT Pauses Embassy Developments Insolvency Case; Lululemon CEO Calvin McDonald to Step Down ts2.tech Read the original article here
German business insolvencies hit 11-year high in first 9 months Anadolu Ajansı Read the original article here
German corporate insolvencies to reach decade-high in 2025 Investing.com India Read the original article here
First five months of 2025 see nearly 2,200 business insolvencies Lexpert Read the original article here
In the context of the Insolvency and Bankruptcy Code (IBC), the Supreme Court has held that a ‘pre-existing dispute’ capable of barring the initiation of a Corporate Insolvency Resolution Process under Section 9 must be real, genuine, and supported by substantive evidence, and not a moonshine defence raised merely to obstruct CIRP. A bench of…
Today’s News Headlines: Brittany Higgins has been declared bankrupt Sky News Australia Read the original article here
NTRA pushes WAGER Act to undo ‘phantom income’ tax on US horseplayers’ gambling losses iGamingToday.com Read the original article here
New Zealand raids Auckland poker dens accused of trapping gamblers in debt iGamingToday.com Read the original article here
The National Company Law Appellate Tribunal on Friday issued notice on SEBI’s appeal challenging an NCLT Mumbai order that refused to recall or clarify a paragraph in the Reliance Capital resolution plan which, according to SEBI, is being misused to claim that all liabilities of the company’s subsidiaries also stand extinguished. SEBI says this interpretation…