Coles County adds 5 new COVID-19 cases Saturday | Local | jg-tc.com – Journal Gazette and Times-Courier

{{featured_button_text}} CHARLESTON Five more Coles County residents have tested positive for COVID-19, it was announced Saturday. The new cases of the disease caused by the coronavirus brought the countys total since the start of the pandemic to 5,435, a news release from the Coles County Health Department said. Coles County continuing COVID-19 vaccination process, has…

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Phillip Kingston breaks silence on Sargon collapse – Mirage News

Former Sargon Capital founder and CEO Phillip Kingston has broken his silence on a cascade of extraordinary events that put into receivership the high-profile superannuation fintech a year ago following actions by one of its creditors a Chinese state-owned insurance company China Taiping (~A$100 million). Phillip Kingston. Source: Facebook Sargon Capital had reportedly been attempting…

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Ballarat recycling site’s link to fintech insolvency – Ballarat Courier

The fall-out from a multi-billion dollar fintech insolvency is being felt in the steel industry which has thousands of workers across Australia, including in Ballarat. Greensill Capital, a UK-based financial services company set up by former Queensland entrepreneur Lex Greensill to offer supply chain financing, entered into administration on March 8. The former foreign minister…

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High Court: restructuring plans are ‘insolvency proceedings’ – Out-Law.com

The court held that restructuring plans, introduced by the 2020 Corporate Insolvency and Governance Act(CIGA), are ‘insolvency proceedings’ for the purposes of the Lugano Convention. As the plan fell within the bankruptcy exception in the Convention, the UK court had jurisdiction despite an exclusive jurisdiction clause in favour of the Swiss courts. Restructuring plans fall…

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Some Michigan banks, credit unions cut off access to accounts for online gambling – Crain’s Detroit Business

Michigan Legacy Credit Union CEO Carma Peters was alarmed by the volume of online bets placed by her institution’s members within the first weeks of legal online betting in Michigan. In less than two months since the Jan. 22 launch in the state, Peters said 187 members made more than 1,200 transactions with online betting…

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