The bankruptcy court has dismissed an application filed by IDBI Trusteeship Services Ltd to initiate the corporate insolvency resolution process (CIRP) against Dish TV‘s promoter group company Direct Media Distribution Ventures Pvt Ltd. Former Dish TV chairman and MD Jawahar Goel, along with his family, is a promoter of Dish TV. Goel is Essel Group…
Company emerges with significantly deleveraged balance sheet, ~$875 million of liquidity, and having achieved previously announced leadership transition HOUSTON, May 17, 2023 /PRNewswire/ — Talen Energy Corporation (“Talen” or “the Company”) announced today that it, along with its applicable debtor subsidiaries, has successfully consummated the strategic transactions contemplated by its chapter 11 plan of reorganization…
Former Manchester United and England defender Wes Brown has been declared bankrupt, according to a report from the Daily Mirror. HMRC filed a bankruptcy petition against the former England international at the end of February. The High Court then confirmed the action on April 12 and the order was made public earlier this week. The…
What do the Voyager and Bittrex bankruptcies mean for your crypto?10’000 Hours/Getty Images Redeem now Our experts answer readers’ investing questions and write unbiased product reviews (here’s how we assess investing products). Paid non-client promotion: In some cases, we receive a commission from our partners. Our opinions are always our own. Two crypto platforms, Voyager…
Posted on: May 17, 2023, 08:13h. Last updated on: May 17, 2023, 08:13h. Erik Gibbs Read More Robert Tchenguiz took a chance that he could turn the money he earned as a real estate investor and securities dealer into a mega-fortunate through spread betting, but his gamble didnt pay off. As the stock markets began…
Industry veteran Mark Woolnough has joined Salt&Lime in the newly created role of head of distribution. The fintech lender specialises in providing debt consolidation and personal loans to near-prime customers, offering rate discounts to borrowers when they complete financial education modules. Its interest rates start from 20.50 per cent (APR 19.46 per cent) across all…
NCLAT Set Aside Insolvency Proceedings Against McLeod Russel Business NewsNCLAT Set Aside Insolvency Proceedings Against McLeod Russel ADVERTISEMENT 17 May 2023, 4:09 PM IST 17 May 2023, 4:09 PM IST 17 May 2023, 4:09 PM IST WhatsApp Twitter Facebook Telegram Read the full article at: https://www.bqprime.com/business/nclat-set-aside-insolvency-proceedings-against-mcleod-russel
Kevin provides a wide spectrum of services to his clients. He was responsible for multiple restructuring and transaction advisory engagements, covering debt restructuring, mergers and acquisitions, valuation and financial due diligence. He was also engaged in both formal and informal insolvency procedures, including liquidations, receiverships, bankruptcies and scheme of arrangements. Kevin was previously a director…
Crown Casino has been fined $30 million by Victoria’s gambling watchdog for allowing punters to cash bank cheques made out to themselves, exacerbating gambling harm and likely aiding “criminal infiltration by money launderers”. Key points: The gambling watchdog says the bank cheque practice likely resulted in money launderers and increased gambling harm The commission estimates more than $1.5…
May 17, 2023 5.00am May 17, 2023 5.00am Normal text sizeLarger text sizeVery large text size I have three primary school-aged children. My husband works full-time, I work casually, and weve just finished paying off all our credit card debt. Its a relief to have a clean slate for the first time. However, Im nervous…