By Adwoa Difie Boakye-Mensah, Associate Adviser, Commonwealth Secretariat As countries grapple with rising and unsustainable debt burdens, there has been a call for a new Global Financial Architecture (GFA) to support developing countries to access both concessional and private capital to effectively manage the mounting debt and climate vulnerabilities. Realising the objectives of the new…
DetailsThe founder of an insurance corporate consulting and training company conquered his gambling addiction and turned his life around. SINGAPORE While insurance agent Raymond Lim may now be earning an average of S$100,000 a month, the father of two young children was, in his own words, a gambling “addict”, and on the verge of bankruptcy…
DetailsMACCO Restructuring Group, LLC (MACCO) is proud to announce that its Founder and CEO, Drew McManigle, has been named by the Global M&A Network to its coveted Top 100 Restructuring and Turnaround Professionals list, comprised of 25 consultants and investment bankers, and 50 lawyers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230913672430/en/…
DetailsHOUSTON, September 13, 2023–(BUSINESS WIRE)–MACCO Restructuring Group, LLC (MACCO) is proud to announce that its Founder and CEO, Drew McManigle, has been named by the Global M&A Network to its coveted Top 100 Restructuring and Turnaround Professionals list, comprised of 25 consultants and investment bankers, and 50 lawyers. This press release features multimedia. View the…
DetailsAnnie Ashton By Simon Hare BBC News A man killed himself after suffering a relapse into his gambling addiction during the pandemic, his wife has told an inquest. Luke Ashton, who died aged 40 in April 2021, had run up gambling debts of 18,000 with several online betting firms two years before. His family fear…
Details2. In the matter of Monica Jajoo v. PHL Fininvest Private Limited (Company Appeal (AT) (Ins) No. 1344 & 1345 of 2022), the appellant, who was a personal guarantor to a corporate debtor named Hema Engineering Industries Limited (HEIL), had challenged an order of Bench IV of the National Company Law Tribunal (NCLT), New Delhi admitting…
DetailsThursday September 14, 2023 Advertisement Advertisement Happy Boy team launches Mini, a pop-up serving humble French bistro classics With a housing crisis and 2.2 million more people, where will we put our koalas? Meet Midtown, new Fish Lane bar with a penchant for strong cocktails and stellar seafood Kirra instinct: Point Precinct to welcome two…
DetailsAnother South Australian building company has collapsed, plunging creditors and prospective home owners into crisis. Key points: Qattro has been placed into liquidation The company has more than 200 construction projects currently underway Qattro owes more than $4.5 million to unsecured creditors Qattro Built has been placed into liquidation, owing more than $4.5 million to…
DetailsAs host of the G20 summit last weekend, Indian prime minister Narendra Modi was right to highlight the importance of debt relief. But he and other G20 leaders could have done more to recognise how economic reliance on fossil fuels has made debt crises worse. National debt burdens have reached catastrophic levels in over 50…
DetailsBy NEIL HARTNELL Tribune Business Editor [email protected] The Government and former workers are set to receive just over 10 percent of what they are owed by a Cavalier Construction affiliate, its liquidators have revealed. Andrew Davies and Kendrick Christie, the Crowe Bahamas accountants and partners, affirmed in a recently placed advertisement that Bobcat (Bahamas) preferred creditors are…
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