Levievs son owns a $3 million home but faces bankruptcy for $195,000 debt – Haaretz

A son of Russian-Israeli businessman Lev Leviev may be declared bankrupt after ignoring requests to pay back some 700,000 shekels ($195,000) in debt, and the court-appointed trustee overseeing his assets is seeking to sell his 10.5 million-shekel home. … Read the full article at: https://www.haaretz.com/israel-news/business/.premium-leviev-s-son-owns-a-3-million-home-but-faces-bankruptcy-for-195-000-debt-1.7395351

Optus partner enters liquidation owing $500K to creditors – ARNnet

Sydney-based Optus services provider Anderson IT has entered into voluntary liquidation with more than $500,000 owed to creditors. The 10-year-old company, which ran an Optus Business Centre in North Sydney, appointed liquidator Graeme Beattie of Worrells, on 3 June facing more than $1.1 million in total financial liabilities. Subsequent liquidation proceedings revealed the insolvent company…

Defining and Dealing with Digital Assets in – https://bitnewstoday.com/

In September last year, the US District Court for the District of Massachusetts gave a ruling to define bitcoin and other cryptocurrencies as commodities. Now it remains to be seen whether bankruptcy courts will follow this precedent when considering cryptocurrency in valuations and distributions. 17.05.2019|in Forecasts There is continuing legal uncertainty concerning the approach…

Optus partner enters liquidation owing $500K to creditors – ARNnet

Sydney-based Optus services provider Anderson IT has entered into voluntary liquidation with more than $500,000 owed to creditors. The 10-year-old company, which ran an Optus Business Centre in North Sydney, called in liquidators on 3 June this year facing more than $1.1million in total financial liabilities. Subsequent liquidation proceedings revealed the insolvent company owes Optus…