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A notice published on the Australian Securities and Investments Commission shows administrators were appointed to Allens Dupont Logistics Pty Ltd,
NC gains federal renewal of key funding source for medical debt relief, Medicaid expansion  Winston-Salem Journal Read the original article here
SANTA ANA, Calif. -- The former interpreter for baseball star Shohei Ohtani is set to be sentenced for bank and
Kim Mi-ru advises focus on borrower soundness for household debt management in Korea - CHOSUNBIZ  조선비즈 Read the original article here
Citizens Advice Scotland (CAS) is demanding action from energy regulator Ofgem to tackle what it calls a ‘massive crisis’ in
News - NCLAT Member Recuses from Byju's Appeal; NCLT Orders Action Against RP  The Law Advice Read the original article here
A leading welfare charity is demanding action from energy regulator Ofgem to tackle what it calls a “massive crisis” in
Access Denied You don't have permission to access "http://www.spglobal.com/market-intelligence/en/news-insights/articles/2024/9/us-corporate-bankruptcy-filings-spike-in-august-83216076" on this server. Reference #18.d2b42e17.1738825063.2d672612 https://errors.edgesuite.net/18.d2b42e17.1738825063.2d672612 Read the original article here
Aviom India Housing Finance: RBI Files Bankruptcy Application, Appoints 3-Member Advisory Committee  Moneylife Read the original article here
New business numbers rise in the Midlands as insolvency-related activity drops - R3  Insider Media Read the original article here
The Supreme Court had on October 23 last year allowed an appeal filed by US-based financial creditor Glas Trust challenging the NCLAT

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A notice published on the Australian Securities and Investments Commission shows administrators were appointed to Allens Dupont Logistics Pty Ltd, trading as Allens Freight, J & L Dupont Transport and Reading Dupont Logistics, on Tuesday, February 4, 2025.

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NC gains federal renewal of key funding source for medical debt relief, Medicaid expansion  Winston-Salem Journal

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SANTA ANA, Calif. — The former interpreter for baseball star Shohei Ohtani is set to be sentenced for bank and tax fraud after he stole nearly $17 million from the Los Angeles Dodgers player’s bank account.

Ippei Mizhuara was supposed to bridge the language gap between the Japanese pitcher — who previously played for the Los Angeles Angels of Anaheim — and his English-speaking teammates and fans. Instead, Mizuhara exploited the language barrier to isolate Ohtani and profit from his proximity to the two-way player ’s power.

Mizuhara pleaded guilty last year to federal charges after he was accused of siphoning money out of Ohtani’s bank account to cover sports gambling bets and debts in a case that has stoked an international media…

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Kim Mi-ru advises focus on borrower soundness for household debt management in Korea – CHOSUNBIZ  조선비즈

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CAS calls for new Energy Debt Relief Scheme

Citizens Advice Scotland (CAS) is demanding action from energy regulator Ofgem to tackle what it calls a ‘massive crisis’ in household energy debt. 

In a hard-hitting response to an Ofgem consultation on the issue, CAS is today calling for a new energy debt relief scheme, which would aim to support households who are unable to make their energy costs. 

Calling the problem ‘unsustainable and unjust,’ the charity points out that: 

  • In 2023/24 – the latest year for which data is available – the average energy debt that people bring to their local Citizens Advice Bureau (CAB) was £2,500. Worryingly, this figure is 8% higher than the previous year.  
  • The average energy…

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News – NCLAT Member Recuses from Byju’s Appeal; NCLT Orders Action Against RP  The Law Advice

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A leading welfare charity is demanding action from energy regulator Ofgem to tackle what it calls a “massive crisis” in household energy debt. 

Citizens Advice Scotland (CAS) is calling for a new energy debt relief scheme that would support households unable to pay their energy bills.

Ofgem had launched a consultation on whether to introduce a scheme to protect consumers from the growing risk of “bad debt” in December 2023.

CAS branded the current scale of household energy debt as “unsustainable and unjust” and said a relief scheme was urgently needed.

David Hilferty, director of impact at CAS, said: “The case for an energy debt relief scheme is inarguable. Only bold, targeted and urgent action will begin to undo the harm…

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Aviom India Housing Finance: RBI Files Bankruptcy Application, Appoints 3-Member Advisory Committee  Moneylife

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New business numbers rise in the Midlands as insolvency-related activity drops – R3  Insider Media

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The Supreme Court had on October 23 last year allowed an appeal filed by US-based financial creditor Glas Trust challenging the NCLAT decision to halt insolvency proceedings initiated against Think & Learn, the parent company of Byju’s.

The judgment set aside the NCLAT order which accepted a settlement between Byju Raveendran and the BCCI, on whose plea the NCLT Bengaluru in July had admitted Byju’s to the insolvency process. By its October order, the apex court remitted the matter back to NCLT to consider the application for settlement afresh.

Subsequently, Glas Trust and Aditya Birla Finance moved applications before the NCLT contending that the RP had recognised only one financial creditor, resulting in a CoC composed of a single…

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