Singapore court says public policy behind 2019 ruling against Australia’s Star Entertainment Group in AU$43 million gambling debt – Inside Asian Gaming

Singapores International Commercial Court has revealed that its 2019 ruling against Australias Star Entertainment Group in its quest to recoup AU$43.2 million (US$30 million) from a Singaporean businessman who refused to repay his gambling debts was due to public policy aimed at protecting Singapores interests. The case, described as the largest casino debt case ever…

Seafolly has collapsed into voluntary administration: 44 stores, 120 jobs at risk – SmartCompany.com.au

National swimwear retailer Seafolly has collapsed into voluntary administration amid the impact of the COVID-19 pandemic on Australias beleaguered retail sector. Scott Langdon and Rahul Goyal of KordaMentha Restructuring were appointed as voluntary administrators of the business on Monday and will now attempt to sell the company after an assessment of its affairs is completed.…

Scholar’s Choice Announces Restructuring Plan – Benzinga

LONDON,ON, July 10, 2020 /CNW/ –Scholar’s Choice, a division of Educator Supplies Limited, today announced a strategic restructuring to reduce its footprint in the brick-and-mortar retail space while growing its e-commerce and catalogue operationsservicing childcare centres, schools, teachers and parents across Canada. As part of the restructuring, the company has filed for creditor protection through…