A Stand Against Coal Could Push Oakland Toward Bankruptcy – The New York Times
A Stand Against Coal Could Push Oakland Toward Bankruptcy The New York Times Read the original article here
Insolvency Proceedings Can’t Be Abused To Evade Family Court’s Maintenance Order: Bombay High Court
The Bombay High Court has held that proceedings under the Presidency-Towns Insolvency Act, 1909, cannot be invoked as a mechanism to frustrate or indirectly obtain a stay of a Family Court’s maintenance order. The Court observed that insolvency relief cannot be granted to undermine a subsisting maintenance order, and clarified that insolvency proceedings cannot be…
Insolvency Proceedings Can’t Be Abused To Evade Family Court’s Maintenance Order: Bombay High Court
The Bombay High Court has held that proceedings under the Presidency-Towns Insolvency Act, 1909, cannot be invoked as a mechanism to frustrate or indirectly obtain a stay of a Family Court’s maintenance order. The Court observed that insolvency relief cannot be granted to undermine a subsisting maintenance order, and clarified that insolvency proceedings cannot be…
US bankruptcy cases steadily increase – Courthouse News
US bankruptcy cases steadily increase Courthouse News Read the original article here
Madras HC stays order directing Vishal to repay loan with 30% interest to Lyca Productions
Senior counsel AK Sriram, appearing for Vishal, described the loan as Rs 15 crore and argued that repaying it with a 30 per cent interest was unlawful as the interest component alone exceeded Rs 40 crore. Contrary to Lyca’s claims, Vishal was not a wealthy individual, the counsel submitted. Read the original article here
Spirit of Tasmania chair says auditor-general insolvency argument is ‘absurd’
The chair of Spirit of Tasmania operator TT-Line has disputed an auditor-general opinion that the ferry company is insolvent, saying that it would be “perverse” for the government to allow it to go under. TT-Line chair Ken Kanofski appeared at a parliamentary scrutiny hearing on Monday morning, where he responded to questions about the state-owned…
No Cookies | The Mercury
No Cookies To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to…
Biglia reveals Ibrahimovic’s surprising response to possible Covid pay cut: “Go bankrupt”
Lucas Biglia has revealed some interesting information on what Zlatan Ibrahimovic said to the idea of AC Milan players taking a pay cut in Covid. Biglia signed in 2017 as part of a huge summer spending spree in which over €200m was spent. He was meant to be the midfield glue that held everything together,…
The End of G&L Guitars: How Leo Fender’s Second Company Went Bankrupt
The End of G&L Guitars: How Leo Fender’s Second Company Went Bankrupt … Read the original article here
Insolvent state-owned company in South Africa dishes out over R6.7 million in bonuses – BusinessTech
Executives of the embattled Road Accident Fund (RAF) gave themselves R6.74 million worth of performance bonuses in the 2024/25 financial year – with the controversial former CEO getting a comfortable R2.8 million bonus. This comes while the RAF, South Africa’s government insurer funded by a R2.18-per-liter fuel levy, is in severe financial and governance crisis.…