Mitsubishi Heavy Industries Completes Liquidation of Danish Subsidiary – TipRanks
Mitsubishi Heavy Industries Completes Liquidation of Danish Subsidiary TipRanks Read the original article here
South Africa moves to oppose Tongaat Hulett liquidation over job concerns
The government of South Africa has moved to block the provisional liquidation of Tongaat Hulett Limited, warning that the collapse of the sugar producer could threaten thousands of jobs and rural livelihoods, particularly in KwaZulu-Natal, IOL reported. Last month, the company’s business rescue practitioners approached the High Court seeking to end the rescue process and…
Jiostar files insolvency plea against Absolute Legends Sports over unpaid broadcast fees
Jiostar India Pvt. Ltd has approached the National Company Law Tribunal (NCLT) seeking initiation of insolvency proceedings against Absolute Legends Sports Pvt. Ltd., the company associated with the Legends League Cricket tournament, over alleged unpaid dues of ₹3.59 crore. In a petition (accessed by Storyboard18) filed under Section 9 of the Insolvency and Bankruptcy Code,…
Former Air Conditioning Giant Chigo Air Conditioner Declares Bankruptcy, Crushed by 3.2 Billion Yuan Debt — BigGo Finance
Guangdong Chigo Air Conditioning Co., Ltd., once grouped with Gree, Midea, and Haier as one of China’s “Four Little Dragons” of air conditioning, has officially reached the end of the road with bankruptcy liquidation. Recently, the Foshan Nanhai District People’s Court issued an announcement ruling to accept the bankruptcy liquidation application against Guangdong Chigo Air…
Online Gaming Addiction Leads to Fake Kidnapping Plot in Meerut
A desperate father in Meerut, burdened by online gaming debts, orchestrated a fake kidnapping of his son in a bid to extort ransom money, highlighting the dangers of gaming addiction. Photograph: Kind courtesy SCREEN POST/Unsplash.com Key Points A man in Meerut staged his son’s kidnapping to demand a ransom of Rs 6 lakh. The accused…
Gambling debts should be voided as bets were placed with 'illegal bookmaker' claims owner Alan Spence – Racing Post
Gambling debts should be voided as bets were placed with ‘illegal bookmaker’ claims owner Alan Spence Racing Post Read the original article here
EX-BANKRUPT BACK IN BUSINESS – PressReader
EX-BANKRUPT BACK IN BUSINESS PressReader Read the original article here
Wynn Macau reportedly seeks $605K from Chinese film producer in Hong Kong court claim – Asia Gaming Brief
Wynn Macau reportedly seeks $605K from Chinese film producer in Hong Kong court claim Asia Gaming Brief Read the original article here
Archived – Debt Management Strategy for 2020-21 – canada.ca
Archived – Debt Management Strategy for 2020-21 canada.ca Read the original article here
Former Hong Kong councillor jailed for laundering HK$590,000 in phone scam proceeds
A former Hong Kong opposition district councillor has been jailed for three years and nine months for handling HK$590,000 (US$75,409) in telephone scam proceeds on behalf of a fraud syndicate, saying he wanted to earn quick cash to repay his gambling debts and cover his father’s medical expenses. Sheep Wong Chun-yeung, 31, had initially insisted…