Concilium Consulting Restructured Tax Debts Amounting to Over RON 48 Million for the Chimica Group Companies – Business Review – Business Review

Restructuring

Concilium Consulting, consulting company in business restructuring affiliated to Turnaround Management Association, managed to get, according to the Government Ordinance 6/2019, the restructuring of all outstanding budgetary debts of Chimica Group, amounting to over RON 48 million. The National Agency for Tax Administration approved all the six restructuring plans we have drafted for the Chimica…

Corporate insolvency filings reduce in Q1FY22, after lifting of moratorium – Moneycontrol

Bankruptcy

According to the latest data from the Insolvency and Bankruptcy Board of India (IBBI), 126 cases were admitted between April and June 2021. (Representative Image) In the first quarter of this fiscal (Q1FY22), after the moratorium on fresh insolvency filings was lifted, nearly 10 new corporate insolvency cases were filed every week. The government had…

Former Starbreeze CFO acquitted of insider trading charges – GamesIndustry.biz

Bankruptcy

Share this article Companies in this article Starbreeze’s former chief financial officer Sebastian Ahlskog has been acquitted of all charges for insider trading. He was convicted in 2020 following an investigation into the sale of his shares ahead of Starbreeze’s reconstruction period, a special measure for Swedish businesses on the brink of insolvency. Ahlskog stepped…

Push to ban credit cards in online gambling goes before senate committee | news.com.au — Australia’s leading news site – NEWS.com.au

Gambling

There are calls to ban the use of credit cards in online betting platforms over fears they are causing irreparable financial harm. Australian senators have heard impassioned pleas by financial counsellors and gambling reform groups to ban the use of credit cards for online betting. The use of credit cards for online wagering platforms like…

Jet Airways relaunch in jeopardy; B777 sold for $9mn – ch-aviation

Bankruptcy

The attempt to rescue and relaunch Jet Airways (JAI, Mumbai Int’l) is likely to be prolonged, or even jeopardised, as the airline faces fresh litigation. Meanwhile, Dutch administrators have sold one of the carrier’s Boeing widebodies for USD9 million, a monitoring committee official revealed. While the consortium behind the attempted relaunch comprising Murari Lal Jalan,…