A Jerusalem resident in his 30s was collared by an undercover police officer on Thursday after trying to sell his 3-month-old baby girl for NIS 100,000 ($25,700) to cover gambling debts, police said. The man and his wife, 27, were placed under arrest. The baby was handed over to Jerusalem municipal welfare workers and…
DetailsSen. Julie Lassa, for Gannett Central Wisconsin Media 9:31 a.m. CST December 24, 2015 Buy Photo Lassa(Photo: News-Herald Media file photo)Buy Photo As a member of the Governors Council on Workforce Investment, I got to participate in an extremely in-depth examination of Wisconsins workforce trends. The outcome of that process was a four-year strategic plan to…
DetailsThursday, December 24, 2015 The government decided on Wednesday to postpone by one year, till December 2016, the enforcement of the Personal Insolvency Law, government’s spokesman Dan Suciu told a press conference at the Victoria Palace. “We ended up in this situation because none of the implementation steps set forth under the law has been…
DetailsIts bonus season, and while many in the junk bond market should expect coal in their stocking, the rest of Wall Street remains hopeful that Santa Claus remembers them this year. Given the Feds rate hike, though, more than a few financiers are losing faith. It would help, perhaps, if Wall Street had a direct…
DetailsBy Jonathan Randles Law360, New York (December 11, 2015, 4:39 PM ET) — Bankrupt Atlanta-based law firm Morris Schneider Wittstadt LLC filed a lawsuit Thursday against the owner of the Beau Rivage Resort & Casino to recover more than $1.5 million a former partner allegedly embezzled from the firm and gambled at the Biloxi, Mississippi,…
DetailsBy Peter Bowden. Key Points: Complex cross-border issues can be dealt with relatively easily under the Cross-Border Insolvency Act as long as flexibility is built into the relevant orders. Cross-border insolvencies and restructuring might sound challenging, but there are some mechanisms that can make the process run surprisingly smoothly. Australia’s Cross-Border Insolvency Act 2008 (Cth)…
Details(In 16th paragraph, corrects company name to Opportune LLP from Opportune LLC) By Jessica DiNapoli and Liz Hampton NEW YORK/HOUSTON Dec 14 Law firms and banks are adding staff to their restructuring practices from Houston to New York City to scoop up new business as oil prices sink near 11-year lows, pressuring energy companies to…
DetailsBy Jof EnriquezFollow me on Twitter @jofenriq Toshiba is looking to sell a majority stake its medical diagnosis imaging business as part of a company-wide restructuring. The Japanese manufacturer of X-ray machines and MRI scanners is seeking outsider investments, including potential M&A transactions, though no deals are imminent. In a statement issued last week, Toshiba…
DetailsA winter wonderland attraction has been forced to close down due to the unseasonably mild weather. Colchester Winter Wonderland and Ice Rink opened 25 days ago but has been unable to open on six of those days. About 5,000 people are thought to have booked tickets to attend between now and January 3. But attraction…
Details2015-12-23T12:21+02:00 12:21 23.12.2015 The National Bank of Ukraine (NBU) has declared Bank Sofiysky (Kyiv) insolvent, according to the website of the regulator. The relevant decision was stipulated in NBU resolution No. 916 dated December 22, 2015. “After the anti-terrorist operation had started, the bank moved from Donetsk to Kyiv, however, almost the entire loan portfolio…
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