Malaysia Court Halts $6.6M Casino Debt Claim

A Malaysian High Court has turned down a request by a Singaporean casino operator to recover a multi-million dollar gambling debt, underscoring the country’s tough legal position against enforcing such claims. Judge Rules Gambling Debt Unenforceable in Malaysia The ruling was issued in Ipoh, where the court rejected a bankruptcy petition filed by Resorts World…

Confusing Financial Aid Offers Can Leave Families Deeper in Debt. Student Groups Say a New Legislative Fix Doesn’t Go Far Enough

It happens every spring: Families receive financial aid offers from colleges, puzzle over them and are left with the question—how much will this college actually cost me? Instead of stating how much a family must pay out of pocket, some letters use jargon like “total net expenses” or “total net and indirect cost.” Different colleges…

Morgan Stanley Investment Management Provides $875MM Debt Financing to Bridgepointe

Funds managed by Morgan Stanley Private Credit have led an $875 million senior debt financing package for Bridgepointe Technologies, a technology advisory and enablement services platform. The debt financing was provided alongside the creation of a continuation vehicle led by Carlyle AlpInvest, alongside an equity investment from existing investor Charlesbank Capital Partners and Bridgepointe management.…