UNITED STATESOne of the statistics published a couple of years ago by a renowned website Overcoming Gambling reveals about fifteen million Americans display signs of gambling addiction, with the average debt incurred by a male pathological gambler being as high as $90,000. With figures such as this it is clear that millions of people find…
Facts High court decision Court of Appeal decision Key takeaways Comment In Sunrise Megaway Sdn Bhd (In Liquidation) v Kathryn Ma Wai Fong,(1) the Court of Appeal was tasked with deciding whether a liquidator’s decision to admit a proof of debt (POD) could be challenged. A ‘POD’ is a document which quantifies the sum owed…
There is information lacking on assets that sit outside the group … creditors could be better offer if these loans [to Mr Grollo] can be clawed back. Chair of the meeting Craig Shephard from KordaMentha argued strongly against an adjournment, saying it would not result in further clarity creditors and would cost money. But Mr…
The National Anti-Corruption Bureau of Ukraine (NABU) has placed former board chairman at PrivatBank Oleksandr Dubilet on the wanted list, Acting Chairman of the Specialized Anti-Corruption Prosecutor’s Office Maksym Hryshchuk has told Ukrinform. Dubilet is suspected of involvement in the embezzlement of UAH 8 billion from the bank before it was nationalized in late 2016.…
from the huckster,-llc dept There’s a new cottage industry of Section 230 lawsuits springing up from the law offices of Tycko & Zavareei in Washington, DC (with the assistance of Pearson, Simon & Warshaw of California, the state where the lawsuits are being filed). Over the past few years, we’ve seen a plethora of lawsuits…
Mackay Goodwin also calls for Government to modify and extend JobKeeper for vulnerable industries FOR IMMEDIATE RELEASE NEWS RELEVANCE: All Business; All SME; Travel; Tourism; Hospitality; JobKeeper; Government When Job Keeper ends on 28 March, many businesses, especially those associated with travel and tourism, may find themselves financially struggling to meet their financial commitments. Leading…
UN Secretary-General Antonio Guterres called Monday for greater debt relief and new creative financing to help poorer nations deal with the pandemic and prevent their economic recoveries from falling behind. A “new debt mechanism” to provide more options — including debt swaps, buy-backs and cancellations — is needed, he said, as many nations have been…
A former gambling addict who racked up 20,000 in debt is now hoping to turn his life around. David Benton started gambling at the age of 18 after a trip to the bookies with his mates. What started as a one-off soon turned into a crippling addiction which would cost David not only his job,…
The author is ananalystof NH Investment & Securities. He can be reached [email protected]. — Ed. We expect Hyundai Wias share price to show downward rigidity, considering its valuations (2021E P/B of 0.66x) and HMGs improving global utilization rates. A rebound in auto demand, together with visible results at Hyundai Wias new businesses, should provide strong…
Business While business confidence has markedly improved, the end of JobKeeper will see many small businesses vexing over cash flow and weighing up restructuring plans, a new survey has found. Business John Buckley 29 March 2021 1 minute read object(stdClass)#17404 (8) { [“image_intro”]=> string(54) “images/articleimages-391×261/850×492/Jon-Sutton-ad.jpg” [“float_intro”]=> string(0) “” [“image_intro_alt”]=> string(60) “Small business still uncertain of…