SINGAPORE – A casino high roller who was spared by a Singapore court from paying a A$43 million (S$44 million) Australian baccarat debt based on Singapore law, will have to explain why he does not have to do so before an Australian court. A Brisbane judge has rejected Dr Wong Yew Choy’s bid to set…
DetailsWhen credit card debt is weighing you down, it’s time to find relief. If the typical American charged each of their credit cards to the limit, they would end up $30,365 in debt — that’s the average credit card limit in the U.S. More than $30,000 in credit card debt may not seem like a…
DetailsWith a new national operations centre and eyes on international dominance, Ballarat-based PETstock is leveling up. The business is restructuring, with a rebrand for the newly-formed parent company, and a significant amount of new investment boosting growth following a turbulent but ultimately successful pandemic year. The new moniker, Petspiration Group, will cover each of the…
DetailsIntroduction Composition of inventory Function of inventory Deficit Introduction Article 192 of the Consolidated Text of the Bankruptcy Law (TRLC) introduces the concept of the ‘active mass’ of a bankruptcy, which constitutes all of the assets and rights integrated into the bankrupt’s assets on the date of the declaration of bankruptcy, as well as those…
DetailsSan Diego, California, April 24, 2021 (GLOBE NEWSWIRE) — Elite DMS is a leading financial assistance group that can help clients of all backgrounds and ages tackle their debt and achieve their financial goals. By offering a comprehensive financial restoration program, they stand by the customer, acting as a lifeline in the seemingly all-consuming situation…
DetailsHawkeye Associates wants you to believe they are offering loans with APRs as low as 3.02%. They have begun flooding the market with debt consolidation and credit card relief offers. The problem is that the terms and conditions are at the very least confusing and possibly even suspect. Do you think your approval is coming…
DetailsTHE state mining regulator has short-circuited discussions on the future of a Bendigo company and forced multiple sites into rehabilitation through legal action. Earth Resources Regulation has gone to the Federal Court of Australia to stop one company locking in a deed of company arrangement for Kralcopic, the Bendigo group that collapsed into voluntary administration…
DetailsThe Australian government helped businesses during the COVID-19 pandemic last year by temporarily suspending some business directors’ duties relating to insolvency risks. However, directors’ obligations have reverted to the standard insolvency liability regulations this year. The government’s 2020 insolvency relief, a part of the Australian Coronavirus Economic Response Package Omnibus Bill, aimed to prevent insolvent…
DetailsSan Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) — MagnoliaMediaNetwork announces the release of the review “Best Debt Relief Programs 2021” Climbing out of debt can feel like a nearly-impossible task with all the late fees and interest rates. The best debt relief programs can lighten your load. Our in-depth research led us to the…
DetailsThe word bankruptcy strikes fear in the hearts of business owners and individuals. Its very easy to conjure up thoughts of debt consuming your life, losing everything you own and ending up penniless. However, while many would go to any lengths to avoid bankruptcy, sometimes it can actually be the best solution to clear a…
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