Former NBA player Jontay Porter was reportedly urged to throw games to settle his “large” gambling debt. Former NBA player Jontay Porter was told to throw games to clear his “large” gambling debt, according to Mediaite’s Ahmad Austin Jr. Porter, who played for the Toronto Raptors, was banned for life by the NBA in April…
The National Company Law Tribunal (NCLT) in Mumbai has admitted the State Bank of Indias application to initiate personal insolvency resolution proceedings against Rajkumar Nandlal Dhoot, promoter & co-owner of the diversified Videocon Group, for a Rs 5,353-crore default by the groups flagship company Videocon Industries Ltd. Dhoot was a personal guarantor against these loans.The…
The National Company Law Tribunal (NCLT) in Mumbai has admitted the State Bank of Indias application to initiate personal insolvency resolution proceedings against Rajkumar Nandlal Dhoot, promoter & co-owner of the diversified Videocon Group, for a Rs 5,353-crore default by the groups flagship company Videocon Industries Ltd. Dhoot was a personal guarantor against these loans.The…
BERLIN — German tour operator FTI said Monday that it is filing for insolvency protection from creditors, and trips that haven’t yet started will be canceled or scaled back. FTI Group, which describes itself as Europe’s third-biggest tour operator, said parent company FTI Touristik GmbH, was filing an application for the opening of insolvency proceedings…
The National Company Law Tribunal has ordered the start of insolvency proceedings against Jaiprakash Associates Ltd (JAL). This comes six years after lenders, led by ICICI Bank, first requested action. This information comes from a report in the Times of India.The decision will significantly affect the company’s real estate operations in Noida and Greater Noida,…
Federal prosecutors have raised alarming allegations against former NBA player Jontay Porter, claiming that he was coerced into throwing games due to an overwhelming gambling debt. Working with Long Phi Pham, also known as Bruce, Porter allegedly engaged in a scheme involving placing prop bets on games where he would intentionally underperform. The court documents reveal…
Annie Guest: One indicator of how the economy is tracking can be seen in calls to the National Debt Helpline. It’s just had a month of a record number of calls, many from small business owners. And there’s concern shame and a lack of trust stops many indebted Australians asking their banks for help. Jon…
MUNICH, 5 June 2024: FTI Touristik GmbH, the parent company of the FTI Group, the third largest tour operator in Europe, filed an application for insolvency proceedings at the Munich Local Court on Monday. According to an FTI statement, only the tour operator brand FTI Touristik is directly affected by the insolvency filing. Subsequently, however,…
A national medical script provider has collapsed less than three weeks after it was hacked. On Tuesday, digital prescription company MediSecure Limited went into administration while a subsidiary of the business, Operations MDS Pty Ltd, went into liquidation. Vaughan Strawbridge and Paul Harlond of restructuring firm FTI Consulting have been announced as the joint administrators…