- Ex-Italy international took decisive action
- Son forced to learn the hard way
- Avoid repetition of the same words & topics
Companies Are Going Bankrupt at the Fastest Rate Since 2010 WSJ
Read the original article here
England’s 2003 Rugby World Cup-winning hero Lawrence Dallaglio is reportedly facing financial ruin. The 52-year-old former back-row player is in the midst of a bitter divorce battle with estranged wife Allison, whom he married in 2005.
Dallaglio is considered one of the greats of English rugby, having captained his country and won 85 caps. He also toured with the British Lions in 1997, 2001, and 2005 and is considered an icon at Wasps, where he spent his entire 18-year club career. However, he’s now said to be on the verge of being declared bankrupt.
According to The Sun, his ex-partner has filed for a bankruptcy application against the star and his firm, Lawrence Dallaglio Limited. The company, which was founded in 1997, is already…
Read the original article here
Vegan activist Tash Peterson and her boyfriend Jack Higgs have declared bankruptcy and surrendered their passports after failed defamation action with a vet.
The pair lost a defamation case initiated by Bicton Veterinary Clinic owner Kay McIntosh and her husband Andrew over comments Peterson made in a video she shared to social media.
WA Supreme Court Chief Justice Peter Quinlan found Peterson and Higgs published defamatory claims and were ordered to pay $280,000 in damages.
Dr McIntosh won bankruptcy orders against them last month.
According to The West Australian, Ms Peterson and Mr Higgs were bankrupted based on $172,911 found owing to Dr McIntosh.
Peterson said in a video posted to social media they were officially bankrupt and their…
Read the original article here
Vedanta Resources Ltd.’s Zambian copper mining unit has hired Rand Merchant Bank to help raise as much as $1 billion in debt financing for the expansion of its operations in the country.
The unit of Vedanta — owned by Indian billionaire Anil Agarwal — has tasked RMB with tapping lenders to fund investment at Konkola Copper Mines, according to people familiar with the matter. The debt-funding plans are at an early stage, the people said, asking not to be named discussing a private matter.
Vedanta regained control of 80% of KCM 10 months ago after resolving a long-running dispute with the Zambian government, partly by pledging to invest $1 billion in the operations. The company said it’s already invested $330 million since retaking…
Read the original article here
Aussie brides await delivery of gowns as luxury bridal brand enters administration Braidwood Times
Read the original article here
Read the original article here
Popular surf shop liquidated Geelong Advertiser
Read the original article here
Dan Davies, the owner of Rock Point Leisure Limited, said despite the court appearance, there will be no liquidation or winding up of the business
The firm that helped turn a street in a Wirral seaside resort from derelict shops into a bustling hub is currently facing legal action by HMRC. A representative for Rock Point Leisure Limited appeared at the High Court in London this week following a winding up petition filed by HMRC in December last year.
A winding up petition is legal action taken by someone or an organisation against a company that owes them money. The court hearing was held on Wednesday, May 7, the same day another hearing…
Read the original article here
Getty Images
It’s no secret that medical bills can pile up fast, especially in the current healthcare landscape, where even a short emergency room visit or a necessary procedure can easily cost thousands of dollars. According to the Consumer Financial Protection Bureau (CFPB), about $88 billion worth of outstanding medical bills are currently in collections, with this type of debt impacting one in five…
Read the original article here
IMF says Nigeria repays $3.4 billion COVID-19 funding Reuters
Read the original article here
Five years ago, as death, panic, and viruses were spreading across the globe, the Trump administration announced it was halting collections of college debt. At the time, almost everyone agreed this was a good idea. “It is going to make a lot of students happy,” President Donald Trump remarked.
This week, an entire Biden administration later, Trump’s Department of Education began throwing the full force of the federal government against people who had defaulted on their student loans. Employers will be contacted, wages garnished, and debt collectors deployed.
The move came a week after House Republicans released plans for a massive overhaul of student financial aid policy. Their bill would reduce the number of students eligible for…
Read the original article here
Labor’s federal election win means university fees and costs are set to change. But some of these changes will not be immediate.
Prime Minister Anthony Albanese has already said planned cuts to student debt will be a top priority for the new parliament. A new student debt repayment system will follow soon after.
But humanities students paying nearly A$17,000 a year for their studies – thanks to the Job-ready Graduates scheme introduced by the Morrison government – will probably have to wait until 2027 for lower fees.
Reduction in student debt
People with student debt will benefit from a 20% cut to how much they owe. As the Greens support wiping student debt entirely, Labor is likely to only need one or two other…
























