Out-of-pocket Wimpex landlords seek tenants after liquidation The Press
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Investigators playing whack-a-mole with unlicensed insolvency firm TheBusinessDesk.com
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India looks to boost its restructuring and insolvency framework: “next generation” reforms being considered Ashurst
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Two companies formerly associated with the Anil Ambani-led Reliance Group – Thwink Big Content Private Limited and Pifiniti Movies Private Limited – were sold off to Micro Capitals Private Limited for a pittance (Rs 46 lakh) against total outstanding dues of Rs 827 crore. Curiously though, the insolvency process against the two were started by another Anil Ambani group company – Reliance Commercial Finance Ltd.
The Mumbai bench of the National Company Law Tribunal (NCLT) recently approved the resolution plans for Thwink Big Content Private Limited and Pifiniti Movies Private Limited. The plans, submitted by Micro Capitals Private Limited, were sanctioned on September 25, 2025, with total payouts of ₹21…
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How to protect your money when you’re married to a gambling addict AOL.com
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Former Newcastle United star declared bankrupt after unpaid £1.5m debt NewcastleWorld
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No matter how much they may love their families, gambling addicts can pose direct financial harm to them.
That harm might range from never repaying loans to stealing their spouse’s and children’s identities to access more credit. It could involve emptying joint bank accounts and college funds, or tapping home equity. It could mean getting into trouble with the IRS and facing the prospect of wage garnishment or property liens. Or it could lead to stealing money at work to pay gambling debts and then losing their job, reducing the family’s income.
Whatever the scenario, it’s often the problem gamblers’ spouses who try to remedy the damage to the…
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No matter how much they may love their families, gambling addicts can pose direct financial harm to them.
That harm might range from never repaying loans to stealing their spouse’s and children’s identities to access more credit. It could involve emptying joint bank accounts and college funds, or tapping home equity. It could mean getting into trouble with the IRS and facing the prospect of wage garnishment or property liens. Or it could lead to stealing money at work to pay gambling debts and then losing their job, reducing the family’s income.
Whatever the scenario, it’s often the problem gamblers’ spouses who try to remedy the damage to the…
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Introduction
The Corporate Insolvency and Governance Act 2020 (the “Act”) came into force in June 2020. It introduced a number of temporary and permanent measures to restructuring and insolvency law which will affect creditors’ rights in the UK. The overarching objective of the Act is to promote the rescue of companies in financial difficulties by introducing a new “moratorium” procedure, a new “restructuring plan” procedure and new rules prohibiting the termination of contracts for the supply of goods and services by reason of insolvency (so called “ipso facto” clauses). The Act represents the biggest change to insolvency legislation in 20 years and has implications for:
- Supply chains
- Construction…
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The first full year of the post-COVID-pandemic era was characterized in the United States by continued economic recovery, persistently high consumer interest rates—despite three cuts in the benchmark federal funds rate in 2024, low unemployment, lower but still stubborn inflation, supply-chain disruptions caused by overseas conflicts, changing consumer spending preferences, the persistent malaise of the U.S. health care sector, auto industry headwinds prompted by decreased demand for electric vehicles, higher labor costs, and uncertainty regarding the financial and economic ramifications of the results of the 2024 elections (including the prospect of international trade wars).
One year ago, we wrote that 2023 would be remembered in…
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Stay informed about the latest case laws on Company Law with this comprehensive overview as we delve into the latest cases reported in the Company Cases (Comp Cas), focusing on critical issues such as Resolution plan, Moratorium, winding up and liquidation, Directors, Notice and Banking business.
(2025) 253 Comp Cas
Corporate Laws — Company Law — Directors — Serious Fraud Investigation — Look out circular against erstwhile promoter-director of company under investigation by Serious Fraud Investigation Office — Failure to come to court with clean hands and that by itself disentitling him to grant of any discretionary relief — Held, paramount to National interest and interests of stakeholders who have been deprived of their…
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