Gambling is everywhere now. What was once a trip to a betting shop has turned into round-the-clock apps on our phones.
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A lot of people find it fun, but for some it quietly chips away at their money, their confidence, and their mental health.
A new report from the Money and Mental Health Policy Institute shows that banks can now spot early signs that someone might be struggling with gambling by looking at their normal spending patterns.
This could sound strange at first, but it might help people get support before things go too far.
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One of Australia’s largest wide format printers, Melbourne-based Billboard Media, has been placed into voluntary administration.
Richard Albarran and John Vouris from Hall Chadwick were appointed as joint administrators on Monday 8 December.
In a notice posted by the Australian Securities & Investments Commission (ASIC), Jordan Developments Pty Ltd as trustee for Shreeve Family Trust No.4 (trading name Billboard Media) has been placed into voluntary administration.
The first meeting of creditors will be held at the Hall Chadwick premises in Sydney on 18 December at 10.00am.
Founded 40 years ago, Billboard Media is a printing company for large format indoor and outdoor media including billboards,…
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‘Without trucks, Australia stops’: Outcry after major trucking company goes bust Sky News Australia
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Insolvency in the Cayman Islands – Setting aside antecedent transactions Lexology
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Unpaid taxes, fines, growing debt: Inside Melbourne builder collapse Gold Coast Bulletin
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German corporate insolvencies to reach decade-high in 2025 By Investing.com Investing.com Australia
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The company will need to devote its “somewhat finite bandwidth” to restructuring in the coming weeks
[SINGAPORE] Former Cathay Cineplexes operator mm2 Asia has been given a lifeline after the High Court on Dec 10 allowed the company to be shielded from creditors and legal proceedings for four months while it works out a restructuring plan.
The move will allow the company time and breathing space to work out a plan to repay its creditors, said Judicial Commissioner Mohamed Faizal in a written judgment after a hearing.
On Nov 10, mm2 said in a bourse filing that it had applied to the High Court for a moratorium under the Insolvency, Restructuring and Dissolution Act to stop current, pending or threatened proceedings from being commenced…
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The National Company Law Tribunal (NCLT) at Mumbai has recently refused to order Swedish Equipment Manufacturer Ericsson India Private Limited to return nearly Rs 325 crore that was paid to it during the insolvency proceedings of Reliance Telecom Ltd and Reliance Communications Ltd, two Anil Ambani led companies undergoing corporate insolvency resolution. The payments were made not as part…
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The Japanese media production company Gainax has disappeared into history after completing its corporate liquidation.
Gainax entered the liquidation process after filing for bankruptcy around June 2024. Gainax was one of the production companies that had a significant influence in subculture, having released past animations such as 〈Aim for the Top! – GUNBUSTER〉, 〈Nadia: The Secret of Blue Water〉, 〈Neon Genesis Evangelion〉, 〈The Circumstances of That Man and That Woman〉, and 〈Tengen Toppa…
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The Supreme Court has reiterated that the proceedings under the IBC cannot be defeated by a corporate debtor by raising a moonshine defence only to delay the process. The Apex Court further affirmed that the adjudicating authority must advert to the contentions put forth on the application filed under Section 7 of the IBC and examine the material placed before it by the financial creditor.
In the matter before the Apex Court, the initiation of the corporate insolvency resolution process by an operational creditor under Section 9 of the Insolvency and Bankruptcy Code, 2016 , was in issue.
The Division Bench of Justice Sanjay Kumar and Justice Alok Aradhe held, “Applying this legal standard to the case on hand we have no…
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