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UWM announces $5.1 million in student debt relief – WDJT
MILWAUKEE (CBS 58) -- The University of Wisconsin-Milwaukee (UWM) on Friday, Aug. 20, announced a $5.1 million student debt relief
Microsoft invests $5 million in OYO, valuation hits $9.6 billion – Mint
Oravel Stays Pvt. Ltd, which operates budget hospitality chain Oyo, raised nearly $5 million from Microsoft Corp. at a valuation
Adaman Group undergoes restructure – Lawyers Weekly – Lawyers Weekly
Gilbert + Tobin has advised the voluntary administrators of the Adaman Group on a major mining restructure. Firm: Gilbert +
Father-of-two, 40, ‘took his own life after developing gambling addiction while on furlough’ – Daily Mail
Father-of-two, 40, 'took his own life after developing gambling addiction while on furlough' wife says, blaming his death on lure
Wakefield McDonalds’ manger stole thousands from restaurant to pay off gambling debts, court is told – Wakefield Express
Lloyd Parker replaced the takings from the Cathedral Retail Park store with bits of cut-up newspaper after using the stolen
Intelligent Debt Management Platform Spinwheel Announces the Hiring of Bento for Business Cofounder Sean Anderson as Head of Platform and...
OAKLAND, Calif., Aug. 20, 2021 /PRNewswire/ --Spinwheel, the leading intelligent debt API platform for fintechs, announces the hiring of Sean
BIS Paper Warns of Delayed Corporate Insolvency Wave – Regulation Asia
Unexpected credit losses could leave banks with inadequate loss-absorbing resources, says a new working paper from the BIS. The BIS
McLeod promoter to move NCLAT challenging NCLT order on insolvency – Business Standard
Aditya Khaitan, a promoter of McLeod Russel India, the countrys largest bulk tea producer, has filed an appeal in the
5 Best Debt Relief Agencies in 2021 | Sponsored | state-journal.com – State-Journal.com
Your financial conditions can't be stable. Sometimes you're doing better, sometimes worse. If you are currently experiencing debt problems, professional
Black and Indigenous farmers were promised debt relief. All but four are still waiting – The Guardian
Black farmers throughout the south call Cornelius Blanding daily to ask when the money might come from the US Department
First mid-market restructuring plan sanctioned by High Court – Out-Law.com
A restructuring plan is a new restructuring tool introduced into Part 26A of the Companies Act 2006 in June 2020
Slovak investor Krupa found guilty by US court of harassing Czech billionaire Bakala – bne IntelliNews
Slovak investor Pavol Krupa has been found guilty by the federal court in the US state of South Carolina of

MILWAUKEE (CBS 58) — The University of Wisconsin-Milwaukee (UWM) on Friday, Aug. 20, announced a $5.1 million student debt relief program aimed at helping students impacted by the COVID-19 pandemic.

The university will forgive outstanding balances incurred by students during the 2020-21 school year. The $5.1 million program will wipe away the debt of more than 2,000 students who owe an average of $2,700. In most cases, the amount owed is for tuition or housing, but any unpaid university bill is eligible for forgiveness.

We know the COVID-19 pandemic has been challenging for our students and their families, UWM Chancellor Mark Mone said. Many lost jobs and incurred additional expenses for child care and health care. We established new…

Read the full article at: https://www.cbs58.com/news/uwm-announces-51-million-in-student-debt-relief

Oravel Stays Pvt. Ltd, which operates budget hospitality chain Oyo, raised nearly $5 million from Microsoft Corp. at a valuation of $9.6 billion.

According to the documents filed by the company with the ministry of corporate affairs, Oyo has sold Series F2 compulsory convertible cumulative preference shares to Microsoft. The development was first reported by Press Trust of India.

In June, Reuters reported that Oyo was set to raise equity capital from Microsoft at a valuation of $9 billion. The fundraise comes soon after Oyo was reported to have hired investment banks for a planned public listing to raise $1.2 billion.

Earlier this year, Oyo raised $660 million in debt from institutional investors, including Fidelity Investments, to …

Read the full article at: https://www.livemint.com/companies/news/microsoft-invests-5-million-in-oyo-valuation-hits-9-6-billion-11629480792416.html

Peter Bowden

Gilbert + Tobin has advised the voluntary administrators of the Adaman Group on a major mining restructure.

Firm: Gilbert + Tobin (Adaman Group).

Deal:Barry Wight and Jeremy Nipps of Cor Cordis have been advised in their capacity as voluntary administrators and deed administrators of Adaman Resources andsix of its subsidiaries, including the Kirkalocka Gold Mine and the Snake Well Gold Project.

Value: N/A.

Area: Restructuring and insolvency.

Key players: The Gilbert + Tobin team was led by restructuring and insolvency partner Peter Bowden, with assistance from lawyers Becci Cartoon, Megan Lowe, Christopher Ashen and Nikita Goodwill, each of whom played an instrumental role in completing the transaction.

Theteam was supported by the f…

Read the full article at: https://www.lawyersweekly.com.au/biglaw/32243-adaman-group-undergoes-restructure

Father-of-two, 40, ‘took his own life after developing gambling addiction while on furlough’ wife says, blaming his death on lure of free online betting sites

  • Luke Ashton, 40, took his own life in flat in Swinton, South Yorkshire, on April 22
  • Post-mortem examination said the cause of death was hanging, inquest heard
  • His wife Annie, 39, blames the tragedy on betting companies who offer free bets
  • She said her husband was drawn to gambling after being furloughed amid Covid
  • For confidential support, call the Samaritans on 116123, or go to samaritans.org

By Kate Dennett For Mailonline

Published: | Updated: