Alibaba sells stake in e-commerce branding services firm Baozun for US$21.8 million as part of corporate restructuring – Yahoo Finance Australia

Restructuring

Alibaba Group Holding is selling its entire stake in e-commerce branding solutions provider Baozun, as the Chinese technology giant continues its corporate restructuring amid increased industry competition. Hangzhou-based Alibaba, owner of the South China Morning Post, on Thursday signed a deal to sell 26.5 million Baozun shares to Champion Kerry for US$21.8 million, according to…

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NCLT Replaces Resolution Professional In Subhash Chandra's Personal Insolvency Case – Live Law – Indian Legal News

Bankruptcy

The National Company Law Tribunal (NCLT), New Delhi bench of Justice Ashok Kumar Bhardwaj and Subrata Kumar Dash has replaced Raj Kamal Saraogi as the Resolution Professional (RP) in the insolvency proceedings involving Subhash Chandra, the Chairman Emeritus of Zee Entertainment Enterprises Limited (ZEEL) Chandra, serving as the personal guarantor for certain unresolved debts, raised…

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Melbourne woman Olivia Franklin shares how she is coming to terms with bankruptcy at 30 and moving forward – ABC News

Debt Help

Olivia Franklin found herself “living in a tomb to [her] dead dreams”. A self-professed “over-achiever” since school, the 30-year-old was desperate for “something different” after the pandemic-impacted years. Olivia was working as an educator in the prevention of violence against women space when in January 2022, she bought a new notebook. A new notebook to…

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:Sunshine Private Hospital enters into voluntary administration | Brimbank & North West – Brimbank North West Star Weekly

Liquidation

Hannah Hammoud Less than 15 months after the multi-million dollar Sunshine Private Hospital was officially unveiled, the hospital is now closed and has entered into voluntary administration. ABC Radio Melbourne reported on May 28, that the Sunshine Private Hospital was cancelling surgeries and relocating patients as it was placed into voluntary administration. Health Worker Union…

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Press Release | UN Conference on Small Island Developing States delivers new era of resilience amidst SIDS … – un.org

Debt Help

Declaration acts as catalyst for renewed commitment to sustainable development ahead of Summit of the Future St. Johns, Antigua and Barbuda, 30 May The Fourth United Nations Conference on Small Island Developing States (SIDS4) wrapped up today in Antigua and Barbuda with unanimous support for a bold new 10-year plan of action that will deliver meaningful…

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John McGrath says claims of $16.2 million gambling debt is “rubbish” that will not distract him – Urban

Gambling

Jonathan ChancellorDecember 7, 2020 The besieged real estate boss John McGrath has described reports of a $16.2 million gambling debt as “ridiculous.” His response came in a 5.55am Saturday morning email to staff. “This rubbish will not distract me and should not distract us,” he suggested. “Having just enjoyed a productive week, I was hoping…

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