Insolvency Guardian Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
Drake’s deep investment in gambling has become the subject of sobering social media posts from the Canadian rapper.Publishing a screenshot
Speed of dismissal process deemed unfair The ERA found that the worker was not given adequate time to respond to
NEED TO KNOW Bruno Mars shows off his sense of humor in a new social media postThe “Treasure” singer made
1903 HOOTON PAGNELL LTD 1950`S BOUTIQUE LTD 1ST FACILITY MANAGEMENT LIMITED 1ST RAPID MAINTENANCE LTD 2048 ORACLE CENTRE READING (LEASECO)
Christian Pricelius03/26/2025March 26, 2025Corporate insolvencies in Germany have hit a 10-year high. From rising costs to weak demand, what’s behind
Jenn Allan, a realtor from Delaware, found herself in a ton of debt a few years ago, but with the
Speed of dismissal process deemed unfair The ERA found that the worker was not given adequate time to respond to
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Bet Big, Lose Bigger? Why Trump’s Tax Law Has Gamblers Upset  Money Talks News Read the original article here
The revised guidance was published by the Australian Securities and Investments Commission (ASIC) to help directors and their professional
This story was originally published on MedTech Dive. To receive daily news and insights, subscribe to our free daily MedTech
Developer defends ‘historic’ failures and big debts  The Press Read the original article here

Drake’s deep investment in gambling has become the subject of sobering social media posts from the Canadian rapper.

Publishing a screenshot of his losses to his Instagram Stories this week, the Hotline Bling artist revealed he had gambled nearly $US125 million in the past month — and was down more than $US8 million.

“Losses are so fried right now … I hope I can post a big win for you all soon cause I am the only one who has never seen a max,” he wrote.

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“These guys max once a week.”

The post comes amid Drake’s ongoing multi-million-dollar partnership with crypto betting platform Stake.

The deal, inked in early 2022, reportedly earns him up to $100 million annually in promotional…

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Speed of dismissal process deemed unfair

The ERA found that the worker was not given adequate time to respond to allegations. After receiving detailed allegations on 7 December 2023, he provided a written response on 14 December and received additional information on 18 December. The disciplinary meeting occurred on 19 December, where he was dismissed in the same meeting.

The authority noted: “This was not enough time to respond to the employer’s new information and the allegations in general.” The ERA found that “new information from auditor and CFO had been provided the night before” without adequate opportunity for the worker to respond.

The accelerated timeline and procedural failures resulted in the worker…

Read the original article here

NEED TO KNOW

  • Bruno Mars shows off his sense of humor in a new social media post
  • The “Treasure” singer made light of rumors that he accumulated more than $50 million in gambling debt during his Las Vegas residency
  • MGM Resorts International denied the allegations, praising its working relationship with the star

Bruno Mars is making money and having a bit of fun with the rumor mill. 

The “24K Magic” singer, 39, surprised fans at SoFi Stadium in Los Angeles on Sunday, July 13, when he joined Rosé onstage to perform their hit “APT.” during BLACKPINK’s DEADLINE World Tour.

The day after the show, Mars showed off his sense of humor in an Instagram post, writing, “Almost out of debt BehhhhhBehhhhh!!! Preciate You…

Read the original article here

1903 HOOTON PAGNELL LTD 1950`S BOUTIQUE LTD 1ST FACILITY MANAGEMENT LIMITED 1ST RAPID MAINTENANCE LTD

2048 ORACLE CENTRE READING (LEASECO) LIMITED

2MW HEWORTH LTD 2XSTREAM LIMITED 3DM LEISURE LIMITED 3XPOINT LTD. 4 WALLS DEVELOPMENTS LTD A & D AUTOS (BOGNOR) LIMITED A & R MASONRY LIMITED A NEW YOU (BRIGHTON) LIMITED A TASCA PETERBOROUGH LTD A W OFFSHORE LIMITED A.M.K & GROUP LIMITED A.ROSEPROJECTS LIMITED A&F COURIER SERVICES LIMITED

A&S WINDOW CLEANING SERVICES LIMITED

A1 STARSHINE LTD A2Z PROCUREMENT SERVICES LIMITED AA CLASS PAINTERS LTD AAC LOGISTICS LTD AB VEHICLE LOGISTICS LTD

ABASS & CO. ACCOUNTANTS AND CONSULT LTD.

ABB INTERNATIONAL LTD ABEL OF HERTFORD…

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Christian Pricelius

March 26, 2025

Corporate insolvencies in Germany have hit a 10-year high. From rising costs to weak demand, what’s behind the surge? And what can be done to support struggling businesses before it’s too late?

https://p.dw.com/p/4sDF9

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Jenn Allan, a realtor from Delaware, found herself in a ton of debt a few years ago, but with the help of AI — she’s managed to pay off half of it.

She began posting her journey to being debt-free on her TikTok account @_jenn.allan, back in October 2024, but it wasn’t until she turned to ChatGPT for help that her debt started to rapidly decrease.

After enduring what she called a “traumatic birth” back in 2023 that landed her daughter in the NICU, Allan quickly racked up $23,000 in credit card debt when she was forced to take a break from work due to severe postpartum depression, according to the Daily Mail.


woman using chatgpt to pay off credit card debt
The mom found herself in a ton of debt, just a few years ago. TikTok/@_jenn.allan

Feeling…

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Speed of dismissal process deemed unfair

The ERA found that the worker was not given adequate time to respond to allegations. After receiving detailed allegations on 7 December 2023, he provided a written response on 14 December and received additional information on 18 December. The disciplinary meeting occurred on 19 December, where he was dismissed in the same meeting.

The authority noted: “This was not enough time to respond to the employer’s new information and the allegations in general.” The ERA found that “new information from auditor and CFO had been provided the night before” without adequate opportunity for the worker to respond.

The accelerated timeline and procedural failures resulted in the worker…

Read the original article here

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Facebook App: Open links in External Browser

There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a defect in the browser which should be addressed soon. The simplest approach to avoid this problem is to continue to use the Facebook app but not use the in-app browser. This can be done through the following steps:


1. Open the settings menu by clicking the hamburger menu in the top right

2….

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Bet Big, Lose Bigger? Why Trump’s Tax Law Has Gamblers Upset  Money Talks News

Read the original article here

The revised guidance was published by the Australian Securities and Investments Commission (ASIC) to help directors and their professional advisers better understand and comply with their duty to prevent insolvent trading, demonstrated through practical examples. It also provides further details on establishing the safe harbour defence against potential claims for insolvent trading, including the formulation and implementation of a “better outcome plan”.

Throughout the guidance, one of the prevailing themes and emphases is the importance of seeking advice from professional advisers, such as qualified lawyers and restructuring practitioners, when developing and implementing better outcome plans for their company and as a…

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This story was originally published on MedTech Dive. To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter.

  • Artificial heart company Carmat has filed for insolvency after failing to raise the money it needed to continue operations, the company said Monday.

  • Carmat began seeking donations in June after attempts to raise cash from investors floundered. The French company, which was close to running out of money in 2023, needed 35 million euros ($41 million) to fund operations for the next 12 months.

  • Carmat has filed for insolvency and asked to be put in receivership by a court, a process to help creditors recover funds. The company is continuing to try to raise money and support patients…

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Developer defends ‘historic’ failures and big debts  The Press

Read the original article here