UFC President Dana White faces intense scrutiny over a massive gambling debt. Reports indicate he owes between $25 million and $50 million to Red Rock Resorts. The story was first reported by Casino.org in September. Sources close to the situation tell The Hollywood Reporter the figure is near $30 million.
This situation is uniquely complicated. Red Rock Resorts is run by Lorenzo and Frank Fertitta. The Fertitta brothers are White’s lifelong friends and former UFC business partners. The debt creates an awkward conflict for the Vegas power players.
High-Stakes Habits and a Shifting Game
Dana White is famously vocal about his gambling. He has called it a “part-time job.” His high-roller exploits are legendary in Las Vegas circles.
He…
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HECS cut: half the $16bn relief aids top earners and lets unis dodge hard questions The Australian
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A journalist has taken her side-project helping others to get out of debt full-time after being made redundant by a regional publisher.
Megan Archer-Fox has announced the move after leaving her role as what’s on editor at Reach plc, based in Birmingham.
Megan, pictured, launched a social media project called That Girl in Debt after finding herself in debt to the tune of £22,500.
Now, preparing to make her final payment, she plans to use the experience to help others who have found themselves in similar situation.
Megan spent nearly four years with Reach, having previously worked for the Wiltshire & Gloucestershire Standard, Oxford Mail and Wolverhampton Express & Star, where she was chief reporter.
She posted on LinkedIn: “Many of…
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The National Company Law Tribunal (NCLT), New Delhi Bench, has approved a resolution plan worth ₹3,800.14 crores for the insolvent Sinnar Thermal Power Limited (STPL). The successful bidder is a consortium of two public sector giants—Maharashtra State Power Generation Company Limited (MAHAGENCO) and NTPC Limited.
The plan, approved under the Insolvency and Bankruptcy Code (IBC), aims to revive the Nashik-based power plant and ensure maximum recovery for creditors. The corporate insolvency resolution process (CIRP) was initiated in September 2022 on an application filed by operational creditor Shapoorji Pallonji & Company Private Limited.
How the resolution pie is shared
The total resolution amount…
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German corporate bankruptcies to surge to a decade high in 2025 whbl.com
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The Mumbai Bench of the National Company Law Tribunal (NCLT) has dismissed six interlocutory applications filed by former employees of Yes Bank Limited, holding their claims for salary dues, provident fund, and other benefits were time-barred and filed after the corporate resolution plan had already been approved.
The Tribunal, comprising Judicial Member K.R. Saji Kumar and Technical Member Anil Raj Chellan, emphasized that the Insolvency and Bankruptcy Code (IBC) process is strictly time-bound. The claims were filed nearly 18 months after the Corporate Insolvency Resolution Process (CIRP) commenced against Yes Bank and subsequent to the approval of a resolution plan by the Committee of Creditors (CoC) on two…
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HECS cut: half the $16bn relief aids top earners and lets unis dodge hard questions The Australian
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The National Company Law Appellate Tribunal (NCLAT) at New Delhi has recently ruled that a company cannot avoid insolvency proceedings simply because it has not been operating for two years. A bench of Chairperson Justice Ashok Bhushan and Technical Member Barun Mitra while upholding insolvency proceedings against Sant Kripa Appliances said, “the mere fact that CD was not functioning for…
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REVEALED: Latest business liquidations in Scenic Rim The Courier Mail


