Noida Special Economic Zone Authority Vs. Manish Agarwal & Ors., CIVIL APPEAL NOS. 5918-5919 OF 2022, 2024 LiveLaw (SC) 858

STATE BANK OF INDIA AND ORS. Versus THE CONSORTIUM OF MR. MURARI LAL JALAN AND MR. FLORIAN FRITSCH AND ANR.| C.A. No. 5023-5024/2024 and Connected, 2024 LiveLaw (SC) 866

Pratham Expofab Private Limited v. Mr. Anil Matta, Resolution Professional and Ors., Company Appeal (AT) (Insolvency) No. 1803 of 2024

Sandip Narendrakumar Patel (Promotor/ExDirector) Yours Ethnic Foods Pvt. Ltd. vs. Svakarma Finance Pvt. Ltd. & Anr., Comp. App. (AT) (Ins) No. 1419 of 2023

Telecom Regulatory Authority of India v. Reliance Communication Ltd. & Ors., Company Appeal (AT) (Insolvency) No.355 of 2024

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As the cost of higher education continues to rise, many younger Australians face a tough financial decision: prioritise paying off a HECS debt or focus on other financial goals, such as home ownership?

This question is something that Liam Medina, a 26-year-old mechanical engineering graduate from RMIT, faced before deciding to buy a house and land package in Melbourne’s outskirts while carrying a $40,000 Higher Education Loan Program (HELP) debt.

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One of Canada’s biggest gaming companies is seeking as much as C$1.8 billion ($1.3 billion) of private debt to refinance loans and pay owners a dividend, in what would be one of the country’s biggest such deals this year.

Gateway Casinos & Entertainment Ltd. is working with Morgan Stanley on the outreach to lenders, according to people with knowledge of the matter who asked not to be identified as the talks are private. Conversations are preliminary and details — including the size — of a deal may change, they said.

This woman’s 34-year-old husband has taken an interest in gambling apps, thinking it would be a fast way to make some cash.

His habit started at the beginning of the year, and when he took his first big loss of $1,000, he promised he would quit.

That month, she had to come up with the money to pay for their mortgage, as his bank account was in the negative from his loss.

Her husband felt guilty and swore that he had learned a hard lesson, so she believed that he would walk away from gambling.

Over the summer, he was back at it, and this time, he said he made $20,000. He was $9,000 in credit card…

Christchurch-based Aether Pacific Pharmaceuticals (APP) is facing liquidation with creditors owed nearly NZ$9 million.

The company formerly known as Medical Kiwi, which operates a cultivation facility and a clinical network, called in administrators last month after hitting financial difficulties.

The Press reports the firm’s liabilities include $63,000 owed to staff in wages and holiday pay, $176,000 to the Inland Revenue, and a $4.5m preferential security to Emichrome, the private family company of billionaire investor Kie Chi Wong.

As the majority secured creditor, Emichrome must support any proposal to restructure the company but has indicated it will not, meaning the administrators are likely to…

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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:

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3. Turn on the option “Links Open Externally” (This will use…

Worried that President-elect Donald Trump will curtail federal efforts to take on the nation’s medical debt problem, patient and consumer advocates are looking to states to help people who can’t afford their medical bills or pay down their debts.

“The election simply shifts our focus,” said Eva Stahl, who oversees public policy at Undue Medical Debt, a nonprofit that has worked closely with the Biden administration and state leaders on medical debt. “States are going to be the epicenter of policy change to mitigate the harms of medical debt.”

Good insurance is a defense against debt

New state initiatives may not be enough to protect Americans from medical debt if the incoming Trump administration…

(The Center Square) – The U.S. Department of Agriculture provided $2.3 billion in debt assistance to distressed farmers, a new report shows. The debt relief was part of the $3.1 billion appropriated under the Inflation Reduction Act of 2022.

Farm Service Agency officials say they are using $250 million of the remaining funds to assist about 4,600 additional borrowers.

Those same officials said that the agency would consider using the remaining estimated balance of nearly $300 million for those distressed by natural disasters.

The Government Accountability Office published the report evaluating the U.S….

Trade creditors with security are owed $3.1m.

There are 598 unsecured creditors who are owed just over $34.9m. This includes $4.1m owing to trade creditors and $24.4m in intercompany payables.

“At this stage, it is unknown if there will be any funds available to make payment to unsecured creditors,” the report said.

The liquidator’s report also confirmed BlackRock had bought SolarZero for $110m from its Kiwi founders in a mid-2022 deal.

The price has not been previously disclosed, but the deal required Overseas Investment Office approval, implying it was above the OIO’s $100m assessment threshold.

Since the acquisition, BlackRock has injected a further $147.8m into the business, the report said.

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