Gupta coal mine faces liquidation as creditors lose patience The Australian
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AVIATION
Startup Merlin Labs valued at $800 million in deal to go public
Autonomous aviation startup Merlin Labs will soon be soaring into the public markets now that it has signed a deal to merge with a blank-check company early next year. The terms of the deal, with a special purpose acquisition company managed by New York-based Inflection Point, values Boston-based Merlin at $800 million, prior to the results of a follow-on private purchase of shares. Merlin chief executive Matt George says the money raised by going public will…
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Welsh Water would like to apologise again to our customers in Flintshire for the disruption caused by the burst water main in Broughton. We expect the disruption to continue until at least Friday evening.
The fault is impacting on water supplies to customers in the following communities: Flint, Holywell, Ffynnongroyw, Greenfield, Llanerch y Mor, Mostyn, Oakenholt, Talacre, Whitford, Queensferry, Shotton, Connah’s Quay, Garden City, Hawarden, Mancot and Sandycroft.
We will be working overnight and remain on the ground supporting customers until supplies are fully restored. This includes delivering bottled water to our vulnerable customers, supporting care homes and hospitals, and managing our three water bottle stations.
Customers whose…
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Back-to-school season is in full swing. But this year, notebooks and pencils are taking a back seat to designer sneakers and name-brand clothes.
Some students are showing up on the first day of school dressed like they’re heading to New York Fashion Week. Social media is fueling the trend, and it’s pushing many parents to their financial limit.
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TikTok hauls spotlight high-end school outfits
Viral social media videos show first-day outfits, with some showing off clothes they bought during their back-to-school shopping.
These items aren’t cheap. In one video alone, the featured Chanel…
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This was co-authored by Lee-Oz Lifschitz.
Insolvency practitioners and trust creditors should take note of the recent decision of the High Court of Australia in Naaman v Jaken Properties Australia Pty Limited [2025] HCA 1 (Naaman). The central question in this case was whether a successor trustee owed a fiduciary duty to its predecessor in respect to its right of indemnity and corresponding beneficial interest in the trust assets. By a 4:3 majority (Gageler CJ, Gleeson, Jagot and Beech-Jones JJ), the High Court’s response was “no”. Given the increasing use of trading trusts in Australia and invariably, the liquidation of some of them, we distil in this article the practical implications of this decision for liquidators…
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“We are of the considered view that the withdrawal does not deserve to be allowed,” an NCLT Mumbai division bench of judicial member Saji Kumar and technical member Anil Raj Chellan said in its order dated August 13. “The applicant/IRP is directed to constitute the committee of creditors (CoC) forthwith and…
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(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.
She said unsecured debt is the best place to start.
“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”
Dale…
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(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.
She said unsecured debt is the best place to start.
“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”
Dale…
Read the original article here
(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.
She said unsecured debt is the best place to start.
“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”
Dale…
Read the original article here
(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.
She said unsecured debt is the best place to start.
“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”
Dale…
Read the original article here
(InvestigateTV) — Debt consolidation can be a powerful tool to help simplify your finances – combining multiple debts into a single payment, often at a lower interest rate.
Cherry Dale, the vice president of financial education at Virginia Credit Union, said debtors should create a plan, because debt consolidation only works if people are not going to open up new lines of credit and take on more debt.
She said unsecured debt is the best place to start.
“So, things like credit card debt,” she said. “Number one, if you have other types of debt, like buy now, pay later debt, it’s becoming much more common. That unsecured debt is something you want to look at. It’s probably got the highest interest rate attached to it.”
Dale…


