Opposition leader Robert Alden added: “By the end of the three-year medium-term financial plan, the Labour council will have doubled council tax since they took control in 2012 – hitting Brummies with higher taxes while refuse collections are slashed, rubbish sits on the streets, and potholes go unrepaired.” Read the original article here
BitRiver, Russia’s largest bitcoin mining operator, has entered formal insolvency proceedings after a Russian arbitration court accepted creditor claims linked to unpaid debts. The case marks one of the most significant financial failures in the country’s crypto mining industry and highlights the pressure facing energy-intensive operators as costs rise and access to capital tightens. The…
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NEW DELHI: The Supreme Court on Monday upheld the initiation of corporate insolvency resolution proceedings against real estate firms Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited, reinforcing the rights of homebuyers and commercial allottees. A bench comprising Justices Sanjay Kumar and K Vinod Chandran dismissed the appeals filed by…
BitRiver, Russia’s largest bitcoin mining operator, is facing bankruptcy after a court initiated insolvency proceedings over unpaid debts. Summary BitRiver is undergoing bankruptcy proceedings after a court-initiated insolvency due to unpaid service fees. Russia’s largest bitcoin mining operator has been severely impacted by mounting power-related debts. The company’s future remains uncertain as energy suppliers suspend…
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Igor Runets, who founded Russia’s largest crypto mining firm BitRiver, is under house arrest on tax evasion charges, Bloomberg reported on Monday. Runets was detained on Friday and is facing three charges for allegedly concealing assets to evade taxes. Runets’ legal team now has a small window to appeal the house arrest before it becomes…
The Massachusetts Appeals Court on Friday ruled that a workers compensation reinsurer is entitled to reimbursement from the state Workers’ Compensation Trust Fund for certain cost-of-living adjustment payments, rejecting the fund’s attempt to deny reimbursement based on employer insolvency. In a Jan. 30 decision that reinforces reimbursement rights for reinsurers and insurers involved in long-tail workers compensation claims when…
The Supreme Court on Monday upheld the initiation of corporate insolvency resolution proceedings against real estate firms Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited, reinforcing the rights of homebuyers and commercial allottees. A bench comprising Justices Sanjay Kumar and K Vinod Chandran dismissed the appeals filed by the erstwhile…
Kathrein Broadcast exits insolvency under new management Broadband TV News Read the original article here