Banned NBA player Jontay Porter admits to $1million gambling scheme and pleads guilty to federal fraud charges – Daily Mail

Gambling

By Alex Raskin and Associated Press Published: 05:02 AEST, 11 July 2024 | Updated: 05:40 AEST, 11 July 2024 Banned NBA player Jontay Porter has admitted to tipping off gamblers in the $1 million scheme that resulted in his lifetime suspension from the league. The 24-yea… Read the full article at: https://www.dailymail.co.uk/sport/nba/article-13621275/NBA-Jontay-Porter-gambling-pleads-guilty-fraud.html

Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia

Gambling

A 16-year-old Melbourne boy was able to gamble nearly $100,000, including at suburban pubs, despite his mother desperately seeking help, a court has heard. The Melbourne magistrates court heard that when his mother discovered his gambling habits, she began a frantic mission to get him help, only to be repeatedly turned away. In April last…

Cooley Lands Neumeister as Business Restructuring Partner in LA – Bloomberg Law

Restructuring

Michael Neumeister has joined Cooley as a partner in the firms business restructuring practice and global litigation department in Los Angeles, the firm said Tuesday. Neumeister will support clients in financial distress on a range of matters, including in out-of-court restructurings and as debtors in Chapter 11 cases in California and across Cooleys global platform,…

Insolvency Trends, Small Business Restructuring, Industry Pressures & Solutions | 14 March 2024 | Canberra – RSM Global

Restructuring

Breakfast Seminar | Event | Canberra This event will be held on Thursday, 14 March 2024. We are delighted to extend a special invitation to you for our upcoming seminar Insolvency Trends, Small Business Restructuring, Industry Pressures & Solutions focused on providing a comprehensive update on the insolvency market, small business restructuring, and addressing critical…

Australia: An Introduction to Restructuring/Insolvency – White & Case LLP

Restructuring

Australia has not been immune to the economic impacts of global financial and geopolitical events. The recent global economic downturn has brought about a heightened focus on financial stability and risk management in Australian businesses. Sponsors and financiers alike are now navigating a complex economic terrain marked by: volatile markets; supply chain disruptions; asset re-valuations;…

Small Business Restructuring Specialists – William Buck

Restructuring

What is the Small Business Restructuring process? Australias Small Business Restructuring (SBR) process is a formal insolvency process introduced by the Federal Government in 2021 to give small businesses the opportunity to restructure their debts while directors remain in control of the business, under the supervision of a restructuring practitioner. The SBR process involves a…

Local small businesses look to restructuring for ATO debt solution – InDaily

Restructuring

South Australian small businesses are facing a choice between calling in the liquidators or bringing in restructuring firms to go on payment plans amid mounting tax debts owed to the Australian Tax Office (ATO). At an information night held three weeks ago by licensed small business restructuring (SMB) firm Small Business Restructuring Specialists, five clients…