Former UK child migrants urge King Charles III to intervene after 'disgusting' Fairbridge farm schools abuse compensation offer – ABC News

Bankruptcy

Former British child migrants are demanding King Charles III intervene after a “disgusting” compensation offer for abuse suffered at Australia’s notorious Fairbridge farm schools. Key points: UK child migrants were told to expect 1 per cent of the value of the claims for abuse suffered at Australian farm schools Administrators wrote to creditors stating there was insufficient money to pay…

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Insolvency Act amendments passed unanimously via voice vote – The Edge Malaysia

Bankruptcy

KUALA LUMPUR (May 24): The Dewan Rakyat unanimously passed amendments to the Insolvency Act 1967 via a voice vote on Wednesday (May 24). The amendments involve improvements to the Acts automatic discharge mechanism, streamlining of creditor meeting process, enabling the use of technology in bankruptcy administration, and addition of two eligible bankrupt categories to be…

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Fahrenheit to acquire bankrupt crypto lender Celsius – Investing.com India

Bankruptcy

Court documents reveal that Fahrenheit has won the bid to acquire Celsius Network. The Fahrenheit group must provide a $10 million deposit within three days to complete the process. Cryptocurrency consortium Fahrenheit has won the bid to acquire insolvent crypto lender Celsius Network, court documents revealed. Fahrenheit will acquire Celsius Networks institutional loan portfolio, staked…

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Stripped of $20,000,000 Due to Shared Addiction With Michael Jordan, Charles Barkley Makes a Big Confession – EssentiallySports

Gambling

NBA legends Michael Jordan and Charles Barkley shared many qualities on the court. Be it the leadership role or the dominance on the court, Jordan and Barkley were on top of their game. Despite being rivals, both shared a similar competitive drive and hated to lose. However, behind the scenes, these two icons shared something…

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Digital advice firm confirms voluntary administration – ifa

Liquidation

In an email to ifa on Thursday, Advice Intelligence confirmed it has entered voluntary administration following the decision from its investor, Regal Funds Management, opting to withdraw future funding. This decision, the firm confirmed, is founded upon a landscape of high-interest rates, economic uncertainty, and the overall tightness of capital markets. CEO Jacqui Henderson explained…

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Wylie & Bisset says high Scottish insolvency activity is due to … – Scottish Business News

Liquidation

WYLIE & Bisset, Accountants and Business Advisers, has said that profitable businesses that suffered financially during the coronavirus pandemic are now being squeezed by a cost-of-living crisis which has led to a high level of Scottish insolvency activity. The number of insolvency-related activities in Scotland has reached its highest level this year, according to new research…

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