A Nevada judge said Monday that a lawsuit pitting high-stakes poker player Matt Kirk against Czech casino owner Leon Tsoukernik can proceed. Per a report from the Las Vegas Review-Journal, the local judge said that the $2 million gambling debt is unenforceable, but Kirk, an Australian, could be entitled to damages if he can prove…
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DetailsParliamentary banking group heavily criticises RBS chief executive Ross McEwan for what it describes as offensive comments relating to businesses placed in its former restructuring group. Ministers have slammed RBS chief executive Ross McEwan for what they describe as an extraordinary outburst against business owners in light of pressure for details of the banks former…
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DetailsYear-on-year 14% rise in personal insolvencies in Wales 17 October 2017 From the section Wales Image copyright PA Image caption Spiralling debt has led to “record numbers” of people seeking help, says a charity The number of people declared insolvent in Wales rose by more than 14% last year, latest figures reveal. The increase prompted…
DetailsImage copyright PA Image caption Spiralling debt has led to “record numbers” of people seeking help, says a charity The number of people declared insolvent in Wales rose by more than 14% last year, latest figures reveal. The increase prompted stern warnings from debt advice groups, who said their debt caseload was at “record levels”.…
DetailsThe Debt Panel: ‘I left the UAE without paying Dh170,000 in loans but the banks wont help me return’ – The National x Abu Dhabi, UAE
DetailsDaimler announced on Monday it was preparing to revamp the companys structure to better prepare it for the future of electric vehicles, by legally separating its cars business from its underperforming trucks unit in an attempt to unlock value in both. Analysts say the move by the German group would be the first time a…
DetailsThe Insolvency and Bankruptcy Code, 2016 (IBC), is a watershed in the history of Indias banking credit culture. Replacing a plethora of legislation it provides for a single-window, time-bound process designed to revive a company or failing which to liquidate it. Based on equity, asset maximization and promotion of entrepreneurship, the IBC aims to balance…
DetailsPosted on : Oct.17,2017 17:59 KST Modified on : Oct.17,2017 17:59 KST GM Korea CEO Kaher Kazem explains the business situation to reporters at the companys Bupyeong Factory in Incheon on Sept. 6 (provided by GM Korea) The subsidiary of the largest American automaker has lost 2 trillion won…
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