The Moneyist: My husband added my mother-in-law to the deed of our house 20 years ago. Now we’re getting divorced, and she wants one-third. Can I fight this?

The Moneyist: My husband added my mother-in-law to the deed of our house 20 years ago. Now we’re getting divorced, and she wants one-third. Can I fight this?

Dear Quentin, My husband and I own a house. At escrow, he added his mom to the title, and said that he would remove her in a few years. Now almost 20 years later, her name is still on the title. She never made any payments or lived in the house. She agreed this house … Read more

Michael J Lonsdale owed £65m to trade creditors

Michael J Lonsdale owed £65m to trade creditors

Michael J Lonsdale owed more than £120m when it collapsed, Construction News can reveal. The Berkshire-headquartered mechanical & electrical (M&E) specialist went into administration in October, after 36 years of trading. A new report by administrators from Begbies Traynor has revealed that the firm owed trade creditors £65m, employees £3.4m and £50m to connected business … Read more

3 steps to a profitable exit strategy

3 steps to a profitable exit strategy

This audio is auto-generated. Please let us know if you have feedback. Matt Verderamo is a consultant at Well Built Construction Consulting, a Baltimore-based firm that delivers strategic consulting, facilitation services and peer roundtables for construction executives. Opinions are the author’s own. Matt Verderamo Permission granted by Well Built Construction Consulting Construction business owners — … Read more

Euro Area: A Potential Oil-price Shock Could Weaken Growth, Increase Inflation and Test Ratings

Euro Area: A Potential Oil-price Shock Could Weaken Growth, Increase Inflation and Test Ratings

A stagflationary scenario associated with a significant escalation of the Israel-Hamas war through the rest of the region would test the public finances of euro-area countries with the least fiscal space and weakest growth, not least by bringing about an abrupt halt to benefits from recent declines in energy prices. This hypothetical scenario of a … Read more

DoJ Wants $4 Billion to Settle Binance Case

DoJ Wants $4 Billion to Settle Binance Case

By Mark Hunter 22 hours agoTue Nov 21 2023 10:12:23 Reading Time: 2 minutes The DoJ is reportedly seeking over $4 billion from Binance, aiming to settle a multiyear criminal investigation The charges would include bank fraud, sanctions violations, and money laundering. Binance’s co-founder and CEO, Changpeng Zhao, may face criminal charges The US Department … Read more

Binance Deal with US DoJ Could Point the Exchange to Compliant Path

Binance Deal with US DoJ Could Point the Exchange to Compliant Path

The $4 billion in penalties follows years of investigations into Binance’s ties to Russian entities and role in facilitating Hamas funding. The US Department of Justice (DOJ) is nearing a settlement with crypto exchange Binance to resolve a multi-year investigation into alleged money laundering, bank fraud, sanctions violations, and other issues. A settlement could come … Read more