Photo Courtesy: Movieverse Entertainment (From left to right): Victor Migalchan, Samder Singh Khangarot
 and Darwin Tu at BonCredit.AI Headquarters in San Francisco.

San Francisco – BONcredit.ai, an AI-driven financial tool designed to help Gen Z, teens and everyone better manage their finances, was recently featured on the California LIVE Podcast. The podcast episode highlights BONcredit.ai’s innovative approach to helping young adults understand credit, manage debt, and build better financial habits.

As Americans collectively face more than $3 trillion in debt, the need for accessible financial education is more pressing than ever. With young people increasingly encountering credit card debt and student loans, BONcredit.ai offers…

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Game data platform GRID has acquired the intellectual property assets of B2B esports data company Bayes Esports, following Bayes’ recent insolvency filing. The assets acquired include live data trading solutions, prediction models, and fan engagement tools developed by Bayes over the last decade.

The acquisition will see Bayes’ assets integrated into GRID Bet, the company’s regulated esports betting solution. GRID Bet uses real-time data to deliver more accurate odds, faster bet settlements, and enhanced market coverage for operators and fans.

“We are bringing Bayes’ models and fan-facing solutions into the GRID data platform, where they will gain additional value when powered by official data,” Moritz Maurer,…

In the decision in Woodhouse, in the matter of Panoramic Resources Limited [2024] FCA 449 , handed down this week (1 May 2024) by Feutrill J, the Federal Court of Australia considered the meaning of  ‘Secured Property ‘as defined in a specific security deed and the extent to which phrases such as ‘in respect of’ could expand the types of collateral the subject of that defined term (and hence the collateral the subject of the specific security deed).

The Court found in favour of the plaintiffs (Panoramic’s administrators –  FTI Consulting), and in doing so emphatically rejected an argument made by the defendants (Receivers and Secured Party) that expressions such as ‘ in respect…

Amid today’s tough economic landscape, the financial stability that once seemed unshakeable among America’s most creditworthy borrowers is now showing cracks. A new report from VantageScore shows that even those borrowers with credit scores between 781 and 850 — the “superprime” category — are experiencing an uptick in delinquent payments. Last month, for example, there was a staggering…

Orrick’s Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our market-leading London Technology Companies Group (TCG) team, with valued contributions from practitioners across Orrick’s recognised practice areas. Our Band 1-ranked London TCG team successfully completed over 350 financings and tech M&A transactions in 2023 & 2024 totalling $5B+ and has dominated the European venture capital tech market for over 9 years in a row (Pitchbook, Q2 2025). View previous series instalments here.

Directors face heightened duties and personal risk when a company approaches insolvency….

In 2016, AIG conducted a review of more than 300 D&O claims from across the United Kingdom and Europe on which it had significant reserve activity from September 2008 to March 2016 — and almost 25% of those claims were bankruptcy related.

More recently, Willis Towers Watson’s “Insolvency Risk on the Rise — Global Directors’ and Officers’ Survey 2024″ highlights that insolvency-related claims continue to be a significant source of actions against directors across various jurisdictions. The firm notes an uptick in the risk of such claims as insolvencies have surged, with economic hardships increasing the likelihood of fraudulent or wrongful actions, further amplifying risks for directors and officers under insolvency…