Mark Woolnough joins debt consolidation lender – The Adviser

Industry veteran Mark Woolnough has joined Salt&Lime in the newly created role of head of distribution. The fintech lender specialises in providing debt consolidation and personal loans to near-prime customers, offering rate discounts to borrowers when they complete financial education modules. Its interest rates start from 20.50 per cent (APR 19.46 per cent) across all…

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NCLAT Set Aside Insolvency Proceedings Against McLeod Russel – BQ Prime

NCLAT Set Aside Insolvency Proceedings Against McLeod Russel Business NewsNCLAT Set Aside Insolvency Proceedings Against McLeod Russel ADVERTISEMENT 17 May 2023, 4:09 PM IST 17 May 2023, 4:09 PM IST 17 May 2023, 4:09 PM IST WhatsApp Twitter Facebook Telegram Read the full article at: https://www.bqprime.com/business/nclat-set-aside-insolvency-proceedings-against-mcleod-russel

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Kevin Zhai | Restructuring – Kroll

Kevin provides a wide spectrum of services to his clients. He was responsible for multiple restructuring and transaction advisory engagements, covering debt restructuring, mergers and acquisitions, valuation and financial due diligence. He was also engaged in both formal and informal insolvency procedures, including liquidations, receiverships, bankruptcies and scheme of arrangements. Kevin was previously a director…

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Crown Casino's bank cheque practice likely 'resulted in criminal infiltration', gambling watchdog finds – ABC News

Crown Casino has been fined $30 million by Victoria’s gambling watchdog for allowing punters to cash bank cheques made out to themselves, exacerbating gambling harm and likely aiding “criminal infiltration by money launderers”. Key points: The gambling watchdog says the bank cheque practice likely resulted in money launderers and increased gambling harm The commission estimates more than $1.5…

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Tasmanian building company collapses amid slew of construction liquidations – 9News

Multi-Res Builders, a family-owned construction business based in Hobart, entered liquidation on May 14, according to Australian Securities and Investments Commission (ASIC) documents. David Levi from Levi Consulting has been appointed as the liquidator. “Notice is given that at a general meeting of the members of the Company held on 14 May 2023, it was…

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23-126MR ASIC sues Money3 Loans for responsible lending … – Australian Securities and Investments Commission

You are here: Home About ASIC News centre Find a media release 23-126MR ASIC sues Money3 Loans for responsible lending breaches ASIC media releases are point-in-time statements. Please note the date of issue and use the internal search function on the site to check for other media releases on the same or related matters. Wednesday…

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Collapsed liquor distributor Kaddy faces irate customers – The Australian Financial Review

May 16, 2023 5.45pm Wine bars, restaurants, vineyards and liquor distributors around the country are clamouring to retrieve millions of dollars worth of stock locked in warehouses belonging to collapsed ASX-listed start-up Kaddy. The makers of By Farr wines and Dalwhinnie whisky were among hundreds of customers stunned to receive emails from Kaddys administrators last…

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