Katie Price has insisted she skipped her recent bankruptcy hearing because she was “mentally not strong enough” to appear in court. The reality star came under fire last week after she was spotted on holiday in Cyprus when she was supposed to give evidence about her finances in London’s High Court after being declared bankrupt…
DetailsThe only reason the Federal Reserve might be tempted to cut rates would be to help the U.S. cover interest payments for the national debt, according to fund manager Freddie Lait. His comments come ahead of the Federal Reserve’s monetary policy decision on Wednesday, which could shed some light on the U.S. central bank’s rate…
DetailsBoris Becker has been officially discharged from bankruptcy after the tennis legend made a successful appeal to an insolvency court. The six-times Grand Slam champion was declared bankrupt in 2017 with total debts of around 50m. In 2022 he was jailed for two and a half years after being found guilty of hiding hundreds of…
DetailsBy Milly Veitch For Mailonline Published: 20:51 AEST, 2 May 2024 | Updated: 20:56 AEST, 2 May 2024 Katie Price has claimed that she has been signed off from appearing in court for her mental health, after receiving backlash for missing her last bankruptcy hearing to go on holid… Read the full article at: https://www.dailymail.co.uk/tvshowbiz/article-13374887/Katie-Price-claims-court-mental-health-missing-bankruptcy-hearing-Cyprus.html
DetailsThe National Company Law Tribunal (NCLT) in Bengaluru issued notice in an insolvency plea filed by mobile phone manufacturer Oppo against embattled ed-tech company Byju’s. The plea is now likely to come up for hearing again in the last week of May, as the tribunal will go on a summer break from May 3. OPPO Mobiles filed a…
DetailsTrack record of insolvency implications for licensing A recent decision of the Tribunal, affirming a licensing decision under the Home Building Act 1989 (HB Act) of the regulator to refuse an application to renew a qualified supervisor certificate, reveals the keen focus of the regulator on using its licensing powers to clean up the industry.…
DetailsMany Australians have been left stranded at airports across the country after budget airline Bonza “temporarily” suspended all flights on Tuesday. The company entered voluntary administration within hours of the cancellations, and the administrators have since confirmed the fleet will remain grounded until Thursday, May 2. Here’s what we know so far. First up, what is…
DetailsThe question of how connected the Ippei Mizuhara, Scott Sibella and Wayne Nix illegal gambling cases are was answered Tuesday (30 April). Mizuhara’s gambling debt payments were washed through the Resorts World Las Vegas and Pechanga casinos by an illegal bookmaker in the Nix gambling ring, directly linking the three cases. ESPNs Tisha Thompson connected…
DetailsToday’s Fed decision means credit card interest rates and minimum payments may remain elevated. Getty Images The Federal Reserve’s Federal Open Market Committee (FOMC) meeting concluded earlier today. And, the Fed announced that it will be keeping its target federal funds rate unchanged. That means that this benchmark rate will remain elevated at a 23-year high. That’s…
DetailsLast year we presented on the falling away of COVID measures for businesses, and the introduction of new and updated legislation for rescue processes across Europe. One year we are seeing steep rises in inflation, and in the UK we have just recorded negative growth in Q3 which means the UK is already in recession, and…
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