Dec. 6, 2023 7:20 pm ET|WSJ Pro Listen (1 min) Air Methods, a helicopter ambulance business backed by a private-equity firm, received bankruptcy court approval for its restructuring plan to cut $1.7 billion of debt. Under the plan approved by the U.S. Bankruptcy Court for the Southern District of Texas, Air Methods is expected to…
Romanello, 86, is accused of shaking down Shuqeri ‘Bruno’ Selimaj and attacking him inside Lincoln Square Steak restaurant in Manhattan in 2017 DailyMail.com cameras spotted Romanello headed into Brooklyn Federal Court Wednesday with his wife wearing a blue windbreaker Genovese crime family soldier Joseph Chelso – who is alleged to taken part of the assault…
New laws banning the use of credit cards for online gambling are set to be rolled out nationwide following the passing of the Federal Governments Interactive Gambling Act 2001 Bill yesterday evening. The Australian Banking Association (ABA) has welcomed this milestone saying the new laws will make it illegal for an online gambling company to…
U.S. President Joe Biden gestures as he delivers remarks on aid to Ukraine from the White House in Washington, U.S., December 6, 2023. Kevin Lamarque | Reuters The Biden administration announced Wednesday that it would forgive an additional $4.8 billion in student loan debt, for 80,300 borrowers. The relief is a result of the U.S.…
The amount of debt you have may be less important than whether you can pay it back when deciding on whether to file bankruptcy. Petar Chernaev / Getty Images If you feel like you’re drowning in debt, you may have already considered filing for bankruptcy. But bankruptcy is a big step, and if you’re going…
A Hong Kong man suffered multiple injuries from a fall on Wednesday after he allegedly tried to escape captors who held him for a HK$2 million (US$255,832) football gambling debt. The 23-year-old man attempted to climb out of a fifth-floor industrial building window, but fell onto the units first-floor podium that same day. Emergency personnel…
The pilot measure for mutual recognition and assistance of insolvency proceedings between the courts of three pilot areas in Mainland China and Hong Kong was agreed in mid-2021, which is known as the Cooperation Mechanism. Since then, liquidators in Hong Kong have had a more certain and structured route to seek, through Hong Kong Court,…
Embattled Chinese property juggernaut Evergrande has once again wriggled its way out of shutting down completely two years after becoming the most indebted company in the world. On Monday local time, many thought the property developer was facing its final reckoning at a Hong Kong bankruptcy court where it was widely expected the business would…