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According to documents obtained by The Detroit News on Tuesday, Beasley’s financial troubles have led to wage garnishments by both the barber and the dentist, despite his recent career resurgence with the Detroit Pistons. The FBI is currently investigating the 28-year-old guard for alleged wire fraud, gambling, and placing prop bets.
While playing for the Milwaukee Bucks, Beasley was sued by Cairo Cuts, a celebrity barbershop based in Milwaukee known for its NBA clientele….
Krungsri Securities (KSS) reports that the Thai Cabinet has approved an expansion of the “You Fight, We Help” debt relief program, extending key measures to assist Thai borrowers through September 30, 2025. The move aims to provide additional financial breathing room for individuals and small businesses, while also shoring up the stability of Thailand’s banking sector.
Expanded and New Measures
The “Direct Payment, Asset Retention” program has been broadened to include borrowers with payment arrears exceeding 365 days, as well as those overdue for just 1-30 days if they have previously restructured their debt. The criteria remain consistent: mortgage borrowers with loans below THB 5 million per institution, hire-purchase…
This week’s TGIF examines the recent decision of the
Federal Court in Reid, in the matter of Kununurra Panel Beating
Works (Holdings) Pty Ltd Ltd (in liq)[2025] FCA 593 (Kununurra). In
providing a helpful summary of the principles applicable to
applications for pooling orders, the Court has also indicated that
the traditionally broad scope of section 90-15 of the
Insolvency Practice Schedule (Corporations) (IPSC) is not
without its limitations.
Key takeaways
Pooling orders are a handy tool available to liquidators
appointed to multiple companies, allowing them to circumvent
unnecessary and costly investigation into intercompany affairs and
maximise payment to creditors of the companies as a whole.
One of Australia’s largest independent transport operators, XL Express, has entered voluntary administration after 35 years in business. The Queensland-based company, which launched in 1990 and built a national road transport logistics network, has appointed FTI Consulting as voluntary administrators to carry out what it describes as an “urgent assessment” of the company’s viability. SUBSCRIBE […]