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U.S. economy is experiencing ‘death by a thousand cuts’, says Deutsche Bank Fortune
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Understand your legal rights, safeguard your financial assets, seek professional support to navigate these challenging times
Q: My husband and I have always shared the same financial goals, whether it involved lifestyle choices or retirement planning. However, about a year ago, I discovered money missing from our accounts. When I confronted him, he admitted to…
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Experts: Debt is hurting Americans’ health but managing it can help WSOC TV
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On 7 May 2025, the UK Supreme Court handed down its judgment in Bilta (UK) Ltd (in liquidation) and others v Tradition Financial Services Ltd [2025] UKSC 18. The judgment primarily concerned the scope of s.213 Insolvency Act 1986 (“s.213“), the provision under which any persons who were knowingly parties to the carrying on of a company for a fraudulent purpose may be declared liable to make contributions to the company’s assets.
The Supreme Court confirmed that the scope of s.213 extends beyond those involved in the management or control of the fraudulent company, to include third parties who participated in, facilitated, or assisted fraudulent transactions by the company if they knew that the company’s business was being carried on for…
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Tax cuts, slashed HECS debts, energy rebates and boosts to Medicare are among the list of cost-of-living promises set to flow through to Aussies following Labor’s historic win. Prime Minister Anthony Albanese will lead a majority Labor government after winning a second term.
The cost-of-living crisis was a key issue in this year’s federal election, with both parties making promises to ease budget pressures. Households are being hit with higher prices from all angles, with mortgage and rent payments soaring, grocery prices climbing higher, and energy prices also remaining at a high.
The Labor…
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Scottish company insolvencies down 7% year-on-year insider.co.uk
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Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below.
An art investment company that The Mail on Sunday revealed had employed two barred directors – one with a jail record for fraud – has been wound up after the High Court heard evidence from the Insolvency Service of numerous ‘matters of concern’.
Artwork Holdings used the name ‘Yield Gallery’ and advertised works by Banksy, Andy Warhol and Tracey Emin. In 2023, I warned that one of its bosses, described as the gallery’s creative director and named as Jon Sullivan, was actually Jonothan Piper.
In…
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National Company Law Tribunal bench inaugurated at Kolkata Bar and Bench
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Victoria’s Labor government has handed down its budget for 2025-26, with debt predicted to rise to record levels.
Balancing billions of dollars can get confusing. Here are some charts to try to make sense of the announcements.
Years of spending has seen Victoria’s net debt balloon to more than $167 billion in this coming budget.
This is expected to rise even further, to about $194 billion in three years’ time.
The government has linked the rise to increased spending on infrastructure projects and COVID relief programs in the past few years.
But another way to look at debt is to compare it to the overall size of the state’s economy.
This figure is called Gross State Product (GSP), which is calculated by adding up all the…
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Thinking about potential insolvency or bankruptcy induces stress in intellectual property departments as much as any other corporate department. The path to restructuring or liquidation is often paved with poor business decisions that usually are made by those far removed from the IP team.
However, a company’s IP may be one of the most valuable assets for generating value to fuel restructuring or discharge debt—provided it can be reliably understood.
Determining and safeguarding that value requires a disciplined analysis centered on identifying and maintaining high-value IP assets in the marketplace. Best practice calls for assessing IP periodically.
When financial implosion is on the horizon, this kind of analysis is crucial. Whether…
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Facebook App: Open links in External Browser
There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:
1. Open the settings menu by clicking the hamburger menu in the top right
2….
