The bankruptcy court in Indore has rejected the revival plan for listed energy company Ujaas Energy, with the observation that the Committee of Creditors (CoC) cannot extinguish the right of the secured creditor to proceed against the company’s personal guarantor. The ruling will set a precedent for lenders in other cases where dissenting secured creditors…
The Northern Territory government is downplaying concerns about the future of the$30 billion Sun Cable project, after the collapse of the company behind what would be the world’s largest solar farm. Key points: The Sun Cable project would see power from a massive solar farm near Tennant Creek exported to Singapore The company says funding…
published : 12 Jan 2023 at 05:00 newspaper section: News Today, the Lower House will make a decision on whether to endorse a feasibility report that could see the legalisation of casinos — a policy that is hoped will bring in tax revenue and promote tourism. Lawmakers have been toying with the idea of legalising…
The bankruptcy court in Indore has rejected the revival plan for listed energy company Ujaas Energy, with the observation that the Committee of Creditors (CoC) cannot extinguish the right of the secured creditor to proceed against the company’s personal guarantor. The ruling will set a precedent for lenders in other cases where dissenting secured creditors…
The letter writer from Medina is missing the point when he makes fun of Gov. Mike DeWines warnings regarding aggressive advertising being used to promote sports gambling and likens the sports betting ads to Ohio Lottery ads (The gambling ads DeWine has tuned out, Dec. 31). We all know what a lottery is. Some will…
Posted on: January 11, 2023, 12:27h. Last updated on: January 11, 2023, 12:53h. Erik Gibbs Read More A sports bettor in Brazil will receive the $22K from a bet he placed, even though a glitch reportedly canceled the bet when he placed it. Following a lengthy legal battle, a judge sided with the bettor, forcing…
When the COVID-19 pandemic emerged as a serious challenge for corporations at the start of 2020, it seemed as if the business environment could hardly be more volatile. Yet nearly three years later, COVID-19 is still present, and serious geopolitical tensions with massive economic implications are contributing to even greater volatility. This environment is already…
The Biden administration is pushing forward with another approach to tackling the student debt crisis while its main initiative, a plan to forgive up to $20,000 in student loans per borrower, remains mired in legal limbo. Even if the debt-forgiveness effort is struck down by the courts, the Department of Education’s Plan B could help…
Cryptocurrency exchange CoinDCX has started consolidating some of its functions and, as a result, has laid off employees as a cost-cutting measure, according to multiple sources aware of the development. The marketing, branding, and activation teams were most affected by this restructuring that took place last month. This comes at a time when crypto exchanges…
Hofbauer made a review of the goals Svenska Spel has set for the new year with a main focus on tackling problem gambling and lowering the effects of gambling harm. Hofbauer Outlined Several Measures to Fight Gambling Harm in 2023 and Beyond In the official statement addressing customers of Svenska Spel and Swedes in general,…