The National Company Law Tribunal (NCLT) Indore bench admitted the Corporate Insolvency Resolution Process (CIRP) petition and held that temporary holding on operations by the bank does not wipe out an established financial default. The petition was filed by the Central Bank ofIndia the Financial Creditor against Narmada Extrusions Ltd the Corporate Debtor under…
When a commercial tenant becomes insolvent: what are a landlord’s options? Insider Media Ltd Read the original article here
Judge finds private betting operation amounted to a business under the Gambling Act, but rules debts remain enforceable, dismissing claims of illegality and a ‘fictitious’ offshore bookmaker. In a judgment handed down in London on 20 March, a High Court judge has lifted the lid on what he described as the “world of unlicensed betting”,…
The Treasury just declared the US insolvent. The media missed it MSN Read the original article here
Most Americans assume that bad habits come down to willpower. If someone gambles away their savings, binges on food or shops compulsively, the typical response is simple: they should have exercised more self-control! The idea that a prescribed medication could hijack behavior, pushing someone toward risky or destructive impulses, seems almost impossible to accept. And…
Treasury declares US insolvent in bombshell report MSN Read the original article here
The Treasury just declared the US insolvent. The media missed it MSN Read the original article here
Judge finds private betting operation amounted to a business under the Gambling Act, but rules debts rema… Judge finds private betting operation amounted to a business under the Gambling Act, but rules debts remain enforceable, dismissing claims of illegality and a ‘fictitious’ offshore bookmaker. In a judgment handed down in London on 20 March, a…
EDIT: As the comments below make clear, the authors are right-wing economists whose solution of a Constitutional Convention is — as I pointed out already — a way to make things worse. While in definitional terms the US is not eonomically insolvent, I would continue to call it so in that we have far fewer…
The Treasury just declared the U.S. insolvent. The media missed it (Fortune) スマートニュース（SmartNews） Read the original article here