Singapore’s High Court blocked enforcement of a US$2.5 million foreign gambling debt judgment on public policy grounds. Rajah & Tann calls it a turning point, requiring foreign casinos to revise credit risk models for patrons with local assets. Several questions on regulated gambling distinctions and competing policies remain unresolved. SCCG Take — This creates a…
Construction industry insolvencies last month were more than double the previous monthly high, hitting a record 941 in August as fallout from the collapse of Sydney residential developer Bathla swamped companies across the sector. While the high-profile failure of Bathla – a company with 2500 houses under construction – accounted for 542 of the insolvency…
REVEALED: Liquidator appointments for businesses in the Perth council area for September 16 dailytelegraph.com.au Read the original article here
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130K residents set to receive medical debt relief, Beshear’s office says The Paducah Sun Read the original article here
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Nofar Adria DOO – in liquidation SeeNews Read the original article here
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Singapore ruling raises questions over recovery of debts in the city-state owed to foreign casinos: law firm GGRAsia Read the original article here