Baseball star Shohei Ohtani said Monday that he never agreed to pay Ippei Mizuharas gambling debt and is beyond shocked at how his now-fired interpreter took advantage of him. Ohtani, who spoke through the Los Angeles Dodgers performance operations manager, Will Ireton, at a news conference, said, Ippei has been stealing money from my account…
Companies must approach HMRC with suitable care when proposing a restructuring plan, mindful of lessons learned from recent case law. Ever since unpaid taxes due to HMRC were crammed down pursuant to a restructuring plan that it voted against but did not actively oppose in Houst,[2022] EWHC 1941 (Ch). HMRC has challenged restructuring plans and…
A recent decision has helped to frame the tests articulated by the Supreme Court in Sequana. The Supreme Courts landmark decision in Sequana[2022] UKSC 25.leaves many unanswered questions, and finding a common thread between the four quite separate judgments has proved challenging for practitioners and directors alike. The recent decision in Hunt v. Singh[2023] EWHC…
If your auto loan payments have become too much for your budget to bear, you should consider your options for auto loan debt relief. This can involve anything from modifying your loan to surrendering your car. Here are some strategies for dealing with an auto loan you can’t afford. Auto loan debt relief options Compare…
Adani Ports and Special Economic Zone (APSEZ) has announced that it is set to purchase a 95 per cent majority stake in Odishas Gopalpur Port for a value of 13.49 billion rupees ($161.74 million) to bolster its east coast presence. Adani Ports will purchase a 56 per cent stake in Gopalpur Port from real-estate conglomerate…
(Bloomberg) — Atos SE gave itself until the week of April 8 to present creditors with a refinancing framework as it aims to head off a looming repayment crisis. Most Read from Bloomberg The ailing French IT company has expanded its restructuring talks to include bondholders as it seeks a comprehensive agreement on its debt…
Alibaba scraps Hong Kong IPO plan for logistics unit Cainiao as it tweaks restructuring Alibaba Group Holding has decided to withdraw the initial public offering (IPO) for its logistics operation Cainiao in Hong Kong, and has offered to buy all remaining shares in the unit, in another major change to its original restructuring plan. The…
:Atos, the crisis-hit French IT consulting firm whose shares have plummeted over the last two years, said it was aiming to restructure its debt by July, paving the way for a potential capital increase to shore up its balance sheet. The technology giant, which manages data and cybersecurity for France’s nuclear industry and the upcoming…
Hazel Hawkins Memorial Hospital (Photo courtesy of HHMH) A bankruptcy petition by Hazel Hawkins Memorial Hospital, the only hospital in San Benito County, California, has been dismissed by a judge who declared the facility is not eligible for such protection. HHMH, which is managed by the San Benito Health Care District (SBHCD) public agency, declared…
(Bloomberg) — Ailing French IT company Atos SE expanded talks with creditors to include bondholders, with a goal of reaching a debt restructuring agreement by July to head off a looming repayment crisis. Most Read from Bloomberg The process will last four months and can be extended by one month according to French law, Atos…