Our lawyers have in-depth technical and commercial knowledge of all fund finance products, including traditional capital call/subscription credit facilities; NAV-based facilities; hybrid facilities; HNW facilities; co-investment facilities; GP and management fee line (manco) structures; leveraged asset level, secondary and continuation facilities; and equity commitment transactions. We also have extensive experience advising on private CLOs and…
As the holiday shopping season kicks into high gear, a recent NerdWallet survey shows more than a quarter of Americans are still paying off presents they bought last year. It comes as credit card debt levels have reached record highs, according to the latest household debt report from the Federal Reserve Bank of New York. Americans now hold a…
ALMOST every 18-year-old has made some bad financial decisions, but one man has revealed his has left him drowning in debt years later. Now 21, Nolan from Orlando Florida, explained that he feels hopeless after living from paycheck to paycheck for so long. 2 One of the money pros gave the 21-year-old some much needed…
The time taken to pay off HECS is worsening the inequality between the states The Australia Institute Read the original article here
SINGAPORE — In what he described as the lowest point in his life, a cyber-security specialist stole a few thousand dollars from a savings account meant for his daughter so that he could keep gambling. The 35-year-old, who gave only his surname as Sow, peeped to find out his wife’s password for the account under…
Background Gambling disorder is a psychiatric condition listed among addictive disorders along with alcohol and drug use disorders (1), affecting around 0.5% of the general adult population (2–4). A higher number of individuals are believed to suffer from problem gambling, a problematic gambling pattern which may or may not fulfil diagnostic criteria. Prevalence of problem…
In a tale weaving through the grandeur of international casinos, Dr. Wong Yew Choy, a Singaporean high-roller, has found himself in a legal entanglement demanding the repayment of a colossal sum of A$38.7 million (S$33.6 million). This debt was amassed during a frenzied week of baccarat gambling from July 26 to August 2, 2018, at The Star Gold Coast Casino in Queensland,…
Ongerup Aus Post employee caught embezzling over $450,000 Great Southern Herald Read the original article here
Fatally bashed man struggled with gambling addiction The Senior News Read the original article here
1 Gambling is Australia’s blind spot Australia has let the gambling industry run wild. We were one of the first countries to deregulate gaming, and we’re still dealing with the consequences. Gambling is everywhere: on our screens, in our pubs and clubs, and available anytime at our fingertips. Many people enjoy gambling without suffering harm.…