By Katryna Perera ( March 5, 2025, 9:17 PM EST) — Two entities related to financial services firm StratFS have asked a New York federal judge to reject a bid by the Consumer Financial Protection Bureau to continue appearing in its joint suit with a multistate coalition of attorneys general after the CFPB failed to timely file a post-hearing briefing due to changing leadership at the agency….
Brindabella Christian College went into voluntary administration this week due to alleged financial problems, and after the federal and ACT governments, unions and the tax office started court and disciplinary proceedings.
Deloitte Turnaround and Restructuring partners Sal Algeri and Sam Marsden were appointed administrators on Wednesday. They say they want to stabilise the school’s financial position and to establish a better governance framework.
In the meantime, the school will operate on “a business-as-usual basis without any disruption to student classes, to the fullest possible extent”, the administrators said. Principals will continue to lead teaching and learning.
The Christian co-educational school has more…
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Vocational training provider Site Group International (ASX: SIT) has entered voluntary administration after failing to reach a compromise over $http://www.businessnewsaustralia.com/1http://www.businessnewsaustralia.com/1 million in penalties being sought by the consumer watchdog after an adverse finding against the company’s former Captain Cook College subsidiary four years ago.
Site Group had made a $http://www.businessnewsaustralia.com/1.http://www.businessnewsaustralia.com/1 million provision in its books for the penalty, which was imposed after the Federal Court ruled in 202http://www.businessnewsaustralia.com/1 that Captain Cook College had engaged in “a system of unconscionable conduct and made false or misleading…
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Site Group International Limited (ASX:SIT), an education provider, has entered voluntary administration, appointing Adam Peter Kersey and David Michael Stimpson of SV Partners as joint and several administrators. The decision, effective March 5, 2025, was made by the company’s directors. The administrators are now tasked with evaluating the company’s business operations and financial standing. During this period of voluntary administration, all of Site Group International’s listed securities will remain suspended from trading on the ASX. This action signals significant financial distress within the company, prompting a thorough review of its assets and liabilities. Shareholders are advised to consult ASIC’s information sheet…
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$17k-a-year school collapses owing millions The Australian
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Malaysia’s new gambling debt recovery ruling sparks legal concerns among experts Asia Gaming Brief
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Pramod Mittal’s journey from being a billionaire to declaring bankruptcy highlights the unpredictable nature of wealth and fortune.


Pramod Mittal, once counted among the world’s richest individuals, went through a dramatic downfall that led to bankruptcy and legal troubles. Pramod is the younger brother of Lakshmi…
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Site Group International Limited (ASX:SIT), an education provider, has entered voluntary administration, appointing Adam Peter Kersey and David Michael Stimpson of SV Partners as joint and several administrators. The decision, effective March 5, 2025, was made by the company’s directors. The administrators are now tasked with evaluating the company’s business operations and financial standing. During this period of voluntary administration, all of Site Group International’s listed securities will remain suspended from trading on the ASX. This action signals significant financial distress within the company, prompting a thorough review of its assets and liabilities. Shareholders are advised to consult ASIC’s information…
Read the original article here
Vocational training provider Site Group International (ASX: SIT) has entered voluntary administration after failing to reach a compromise over $https://www.businessnewsaustralia.com/1https://www.businessnewsaustralia.com/1 million in penalties being sought by the consumer watchdog after an adverse finding against the company’s former Captain Cook College subsidiary four years ago.
Site Group had made a $https://www.businessnewsaustralia.com/1.https://www.businessnewsaustralia.com/1 million provision in its books for the penalty, which was imposed after the Federal Court ruled in 202https://www.businessnewsaustralia.com/1 that Captain Cook College had engaged in “a system of unconscionable conduct and made false or misleading…
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BBC Wales Live


A woman who spent her wedding night secretly losing all the money she and her wife had been gifted has accused betting companies of “predatory” behaviour.
Elissa Hubbard, 38, spent what was meant to be the happiest day of her life in 2021 hidden away gambling as part of an addiction that – at its peak- cost her £40,000 a year.
It comes as BBC analysis suggests about one in five gambling premises are in Wales’ poorest areas. An expert in the psychology of gambling called clusters of betting shops in deprived areas “a huge problem”.
The Betting and Gaming Council (BGC) said all its members operated “robust…















