Company that offered testosterone ‘restoration’ treatments to increase libido fined for unlawful advertising – ABC Online

Liquidation

An Australian male health company which promised to help men lose weight and increase their libido through testosterone “restoration” treatments has been fined $127,500 for unlawful advertising. Key points: Australian Male Hormone Clinic fined for misleading advertising The company promised weight loss and increased libido It’s the first corporation to be fined for health…

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Hawks big-man’s message for knockers ahead of new NBL season – Illawarra Mercury

Liquidation

STEELY RESOLVE: AJ Ogilvy. Picture: Adam McLean THERE are few certainties in life apart from death, taxes and the Illawarra Hawks being written off ahead of another NBL campaign. The latter occurred in coach Rob Beveridges first season in Wollongong as the club came out of voluntary administration. That hastily assembled roster reached the semi-finals with…

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Thousands of travelers are stranded abroad after a British airline went bankrupt – Business Insider

Bankruptcy

The government is calling it the biggest ever U.K. airline failure. Monarch/Facebook The INSIDER Summary: More than 110,000 travelers are stranded around Europe and the Middle East after Monarch Airlines declared bankruptcy. The British airline immediately cancelled services with little warning to employees and passengers.  An estimated 860,000 people have lost future travel bookings.  The…

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Year-old Challenge Steel liquidated, directors abandon ship – The Dominion Post

Liquidation

DEAN KOZANIC/STUFF Christchurch businessman Bert Govan: ‘We want to say how sorry we are.” Christchurch-based Challenge Steel has been placed into voluntary liquidation one year after it was launched by businessman Bert Govan. Govan has held meetings with liquidator BDO and the clients and creditors understood to be owed several million dollars, apologising for the failure. Other Challenge Steel directors  Tony Sewell,…

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Jai Balaji Industries dragged to NCLT by IFCI over unpaid dues – Financial Express

Liquidation

IFCI has filed the petition against the Kolkata-based company under Section 7 of the Insolvency and Bankruptcy Code (IBC). State-run lender IFCI has filed an insolvency petition against Jai Balaji Industries (JBIL) at the Kolkata bench of the National Company Law Tribunal (NCLT), seeking the initiation of corporate insolvency process against the steelmaker over unpaid…

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Malcolm Roberts’ replacement avoids bankruptcy, is ready to step in – The Border Mail

Bankruptcy

Malcolm 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…

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Vegas shooter had 200+ reports of suspicious activities, large financial transactions in casinos – ABC News

Gambling

As authorities pick apart the life of Las Vegas shooter Stephen Paddock, they have come across one major thread of suspicious behavior: how he handled his money. Paddocks recent financial transactions have become a key focus for investigators looking to learn more about the Nevada man and why he launched the deadliest mass shooting in…

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