Phil Ivey isnt the only one battling the Borgata in civil court. According to New Jersey court filings on Monday, former Washington Redskins running back Clinton Portis will be forced to stand trial December 6 for a $170,000 gambling debt hes owed Atlantic Citys Borgata Hotel and Casino since 2011. Former NFL star Clinton Portis…
DetailsAs of August 31, 16 retailers have filed for Chapter 11 bankruptcy in 2017. Four of those sixteen retailers are filing for Chapter 22, meaning this is their second time declaring bankruptcy. Chapter 22 cases show that the first bankruptcy failed and that the firm and its advisors were too optimistic regarding the firms viability…
DetailsFINANCE A New England-based retailer that has the distinction of being the first curtain catalog company is closing up shop. Shareholders of The Fitzpatrick Companies, whose subsidiaries include Country Curtains, voted Wednesday to liquidate the 61-year-old business. Country Curtains will begin liquidating operations immediately, and a going-out-of-business sale will be launched in its 19 retail…
DetailsNEW DELHI: Jaiprakash Associates‘ board has approved the transfer of certain assets and liabilities, including debt of over Rs 11,834 crore, to its subsidiary Jaypee Infrastructure Development Ltd as part of its efforts to cut the overall borrowing of the company. The company had called a board meeting to consider the recommendations of the audit…
DetailsNEW DELHI: The government is open to amending the Insolvency and Bankruptcy Code (IBC) to resolve practical difficulties and redress grievances, union minister P P Chaudhary has said, amid owners of many undelivered flats looking to seek relief under this law. Assuring that the challenges thrown up by some cases would get resolved, the minister…
DetailsBy Jessica Rach For Mailonline Published: 12:08 +11:00, 8 October 2017 | Updated: 12:09 +11:00, 8 October 2017 e-mail 1 View comments Just yesterday he was pictured getting set to take part in a poker tournament after it emerged that he had borrowed £2million from the founder of Phones4U to pay off his huge debts. …
DetailsThe process, initiated by Consolidated Construction Consortium (CCCL), a Chennai-based player in the construction and contracts of civil sector projects, was accepted by the NCLT after hearing both the parties. The Chennai bench of the National Company Law Tribunal (NCLT) has ordered commencement of corporate insolvency resolution process against VA Tech Wabag, one of the…
DetailsMalcolm Roberts’ hopes of replacing himself in the Senate appear doomed after Queensland publican Fraser Anning – the next candidate on One Nation’s ticket – successfully avoided bankruptcy. Creditors have officially withdrawn their bankruptcy petition against Mr Anning and his wife Fiona, Fairfax Media can reveal. The move comes after Mr Anning struck a confidential…
DetailsSian Griffiths Drew Povey, star of the reality TV series, has tripled the GCSE pass rate at Harrop Fold SchoolJOHN CATT EDUCATIONAL He was the naughtiest boy at school and could easily have gone off the rails. But Drew Povey, the head teacher who stars in the reality TV series Educating Greater Manchester, has transformed…
DetailsWith roles as a soap siren in Emmerdale and a tough prison governor in Bad Girls, Claire King is no stranger to drama. And off-screen, the stars life has imitated her art with ordeals that could have been dreamed up by her scriptwriters. Claire, 54, who was Kim Tate in Emmerdale, has bravely opened up…
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