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Two Chinese medical device firms have declared bankruptcy after successfully winning bids in a government-led bulk-buying program, a first-of-its-kind event
NCLAT upholds NCLT order dismissing insolvency plea against Noida-based Logix Infrastructure | Real Estate News Hindustan Times Read the original article
Most people who go on a cruise board the ship looking forward to a fairly carefree getaway. However, there are some ways your trip can end up taking a turn for the worse—like being hauled off to jail because you jumped overboard in a shortsighted attempt to avoid a five-figure gambling debt you managed to accrue while coasting in international waters.
Cruise ships are known for being floating amusement parks that offer passengers plenty of options when it comes to entertaining themselves over the course of their voyage.
People looking to chill by the pool with a drink, enjoy a gourmet dinner, catch a live show, or splurge on a shopping spree are typically able to check all of those boxes while aboard, and that’s just…
A passenger on Royal Caribbean’s Rhapsody of the Seas allegedly jumped overboard to evade a gambling debt of nearly $17,000. Jey Gonzalez-Diaz, traveling under the name “Jeremy Diaz,” was detained by Customs and Border Protection (CBP) officers near the Port of San Juan, Puerto Rico, on Sunday (September 7). According to a criminal complaint, Gonzalez-Diaz attempted to flee during disembarkation by jumping off the ship.
Security footage captured Gonzalez-Diaz being brought to shore by two passing jet skis. CBP officers found $14,600 in cash, a backpack, a handbag, two mobile devices, and five identification documents in his possession. When questioned, Gonzalez-Diaz reportedly told officers he jumped because he feared being taxed on…
A cruise ship passenger allegedly jumped overboard to avoid paying a $16,000 gambling debt, according to reports
Jey González Díaz jumped off Royal Caribbean’s Rhapsody of the Seas on Sunday, Sept. 7 in the Port of San Juan in Puerto Rico
González Díaz, who was arrested and charged with a federal crime, was brought to the shore by two jet skis
A cruise ship passenger allegedly jumped overboard to avoid a hefty gambling debt.
Jey González Díaz was traveling on Royal Caribbean’s Rhapsody of the Seas when he attempted to avoid paying over $16,000 to the cruise line by jumping off the ship, according to CBS News.
The boat set off from the Port of San Juan in Puerto Rico on Aug. 31 and traveled to Barbados before returning to…
A brazen Royal Caribbean passenger has been accused of hurling himself off the cruise ship to skip out on paying off more than $16,000 in gambling debt.
Jey Gonzalez-Diaz jumped off the Rhapsody of the Seas boat as it disembarked at the Port of San Juan in Puerto Rico on Sunday around 9:15am, according to the affidavit.
The cruise line said he racked up $16,710 in debt ‘almost exclusively’ from casino visits during the week-long vacation, which is allegedly why he attempted the great escape.
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Pinstripes filed for Chapter 11 bankruptcy protections on Monday, according to court documents filed in the U.S. Bankruptcy Court for the District of Delaware.
The action was nearly a year in the making and “reflect[s] the Debtors’ only remaining path to maximize value,” Chief Restructuring Officer James Katchadurian said in a filing.
The chain, which was founded in 2007, eventually grew to 18 units but…
A Royal Caribbean cruise passenger turned his vacation into international headlines after reportedly jumping overboard in Puerto Rico to dodge a hefty casino tab.
Court documents state Jey Gonzalez-Diaz leapt from Rhapsody of the Seas as it returned to the Port of San Juan on Sunday morning. Authorities say he racked up more than $16,000 in gambling losses during the week-long Caribbean itinerary which included a stop in Barbados.
Instead of settling his balance, Gonzalez-Diaz allegedly made a dramatic exit. Witnesses say he splashed into the harbor, a jet skiir picked him up and hitched a ride toward shore. Security footage shows him climbing aboard as the jet ski pulled another rider on an inflatable raft.
The number of customers falling behind on their electricity bills with no repayment plan in place has more than tripled from 300,000 in 2012 to over one million at the end of 2024, with the number of customers falling behind on their gas bill also tripling from 300,000 to 900,000 over this period according to latets Resolution Foundation research.
The report notes that the 13 million working-age families across the poorer half of Britain still struggle to save, with over two-in-five having less than £1,000 in liquid savings. But saving rates are at least going in the right direction – a third of poorer households (33 per cent) said they had money to save at the end of the week or month in 2018-20, up from just a…
The advent of the Insolvency and Bankruptcy Code, 2016 (IBC), was a significant development to tackle the non-performing asset problem in India. Bad loans at public sector banks stood at INR2.67 trillion (USD30.4 billion) with a gross non-performing asset ratio of 5.43% at the end of March 2015. It is in these circumstances that India’s parliament enacted the IBC, which came into force (provisions related to corporate insolvency) on 1 December 2016. A key issue discussed by the Bankruptcy Law Review Committee (BLRC) was the role of the resolution professional in identifying and reversing fraudulent transactions. It was proposed that the insolvency resolution professional (IRP) should file cases for reversing such…
Two Chinese medical device firms have declared bankruptcy after successfully winning bids in a government-led bulk-buying program, a first-of-its-kind event that spotlights the intense financial pain inflicted by the state’s cost-cutting measures.
The Tianjin Medical Procurement Center announced recently that two companies selected in an inter-provincial alliance for orthopedic trauma products, Changzhou Dzhang Medical Device Co. and Changzhou Kangyu Medical Device Co., have gone bankrupt and can no longer supply their contracted products.
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A passenger aboard a Royal Caribbean cruise ship tossed himself overboard into the open sea during an alleged attempt to avoid paying a staggering $16,000 gambling debt racked up over the vacation.
Jey Gonzalez-Diaz set sail on the Rhapsody of the Seas for a week-long holiday in which he threw caution to the wind and gambled his heart out, according to authorities.
The ship completed its voyage Sunday when it pulled into the Port of San Juan.
While the ship was returning to port, Gonzalez-Diaz realized his supposed error and pitched himself into the water as the cruise was disembarking shortly after 9 a.m. local time, according to a criminal complaint obtained…
