Sebastian Ahlskog is the former chief financial officer of Starbreeze, the Swedish studio probably best-known for the Payday series, and in February 2020 was convicted of insider trading: a conviction that has now been quashed on appeal (as reported by GamesIndustry.biz). The original conviction came after an investigation into Ahlskog selling his shares in Starbreeze…
DetailsA woman who won a 127,000 jackpot has revealed the pain of her two-decade descent into gambling addiction that made her bet more than her winnings. Lisa Walker, 48, from Essex, says the foundations for her gambling addiction were laid at a young age. As a youngster her dad and granddad would play cards together,…
DetailsA car salesman has narrowly avoided jail after he scammed a business associate out of 35,000 in order to cover gambling debts. James Brookes, 32, worked for BMW in Crewe but ran a side venture with two unnamed business partners. The deal saw Brookes, a self-confessed gambling addict, take money from the two unnamed men…
DetailsThere are calls to ban the use of credit cards in online betting platforms over fears they are causing irreparable financial harm. Australian senators have heard impassioned pleas by financial counsellors and gambling reform groups to ban the use of credit cards for online betting. The use of credit cards for online wagering platforms like…
DetailsIRVINE, Calif.–(BUSINESS WIRE)–Force Ten Partners LLC (Force 10) today announced the completion of the restructuring effort for CarbonLite Holdings, LLC and its subsidiaries (CarbonLite), one of the world’s largest suppliers of post-consumer recycled polyethylene terephthalate (rPET), which is then used to produce high-quality food-grade recycled rPET material sold to the world’s largest beverage companies. On…
DetailsConcilium Consulting, consulting company in business restructuring affiliated to Turnaround Management Association, managed to get, according to the Government Ordinance 6/2019, the restructuring of all outstanding budgetary debts of Chimica Group, amounting to over RON 48 million. The National Agency for Tax Administration approved all the six restructuring plans we have drafted for the Chimica…
DetailsAccording to the latest data from the Insolvency and Bankruptcy Board of India (IBBI), 126 cases were admitted between April and June 2021. (Representative Image) In the first quarter of this fiscal (Q1FY22), after the moratorium on fresh insolvency filings was lifted, nearly 10 new corporate insolvency cases were filed every week. The government had…
DetailsSteven Edwin Prosser (60), from Broxbourne, Hertfordshire, was appointed a director of Sell Your Car With Us Limited in May 2016. The company sold second hand cars and traded from premises on Hare Street in Buntingford, Hertfordshire. Three years later, Sell Your Car With Us entered into liquidation in September 2019. The companys insolvency, however,…
DetailsThe Diamond Live Lounge has been granted a new licence with Campbell Bars Limited taking over. The Diamond Live Lounge in Wood Street closed its doors in January after being declared insolvent but details of its closure and bankruptcy have only just come to light. Now it has been announced that a new licence has…
DetailsShare this article Companies in this article Starbreeze’s former chief financial officer Sebastian Ahlskog has been acquitted of all charges for insider trading. He was convicted in 2020 following an investigation into the sale of his shares ahead of Starbreeze’s reconstruction period, a special measure for Swedish businesses on the brink of insolvency. Ahlskog stepped…
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