August 2022

Crude oil storage tanks are seen from above at the Cushing Petroleum Center in Cushing, Oklahoma, U.S., March 24, 2016. REUTERS/Nick OxfordJoin now for FREE unlimited access to Reuters.comRegisterWTI for October, Brent for November climb…

By Rick Archer (August 30, 2022, 5:38 p.m. EDT) — The Ninth Circuit overruled two lower courts with a split decision finding that commercial creditors in California utility Pacific Gas and Electric's Chapter 11 case should have seen…

LAWRENCE, Kan. (WIBW) - The University of Kansasthe Douglas Co. District Attorney's Office and the Lawrence Public Library teamed up to help clear legal records at little to no cost through a clinic in September. The University of Kansas…

Risk insurance is the part of a home insurance policy that covers damage caused by fire, weather and other natural events. Floods and earthquakes are the two main…

Background The regime provided by the Insolvency and Bankruptcy Code, 2016 ("IBC”), is largely creditor-centric. In fact, as extraordinary as it may seem, the process of resolving corporate insolvency ("CIRP”) under IBC is nothing less…

MIAMI Instagram model Courtney Clenney, accused of stabbing her boyfriend to death at an apartment they both shared, appeared in bond court on Saturday morning. Clenney, 26, aka Courtney Tailor, who has more than 2…

Image source: Getty Images Your life insurance policy may include ways to access funds before your death.…

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Ethiopia's flagship telecom operator, ethio telecom, commissioned Subex to protect it with Hypersense, a form of artificial intelligence (AI) that fights fraud by tracking the digital trust rating of each of its 50 million subscribers.The…

Officials in New York and Washington, DC, are struggling to cope with an influx of migrants who were specifically bused to their cities on orders from Republican leaders in Texas and Arizona.More than 7,000 migrants have been bussed from…

Steven Hoffenberg, a convicted Ponzi schemer and former Wall Street mentor to multimillionaire sex trafficker Jeffrey Epstein, was found dead in his Connecticut apartment this week after a survivor of Epstein's abuse called local cops to…

Text size Teladoc Health was among telehealth stocks rising on Thursday.…

Recovery for toxic asset resolution financial creditors under the Insolvency and Bankruptcy Code (IBC) amounted to just 10.7% of their admitted claims in the June quarter. It barely improved from a record low of 10.2% between January and…

ATLANTA — Six days after major news outlets declared Donald J. Trump the loser of the 2020 presidential election, his allies were applying desperate court-wide press in an effort to overturn his defeat, particularly in Georgia.Pro-Trump…

Legendary fund manager Li Lu (whom Charlie Munger once backed) once said, “The greatest risk in investing is not price volatility, but whether you will suffer a permanent loss of capital. So it seems smart money knows that debt – which…

Bucks County Courier Times editions in 2019. Credit: Submitted National newspaper chain owner Gannett made cuts to the Bucks County Courier Times and Doylestown Intelligencer after the company recently reported rising…

Best Lawyers in America recognized nine Moritt Hock & Hamroff attorneys in its 2023 edition. Six attorneys were included in America's Best Lawyers and three lawyers were included!-->…

David Iben said it well when he said: “Volatility is not a risk that interests us. What matters to us is to avoid the permanent loss of capital. So it seems smart money knows that debt – which is usually involved in bankruptcies – is…

AirAsia X posted an operating loss in its fourth financial quarter as it warns of headwinds such as high fuel prices amid returning travel demand. In the three months to June 30, the low-cost long-haul operator was in the red by MYR 691…

If you are considering taking out a term insurance policy for the financial protection of your wife and children in your absence, be sure to purchase the policy under the Married Women's Property Act 1874 (MWPA). In this case, the claim…

What laws need to change? The committee suggested that jurors be paid more (jurors are currently paid $5 a day for the first three days of the trial) and that those convicted of certain crimes be allowed to serve as…

Howard Marks said it well when he said that, rather than worrying about stock price volatility, "the possibility of permanent loss is the risk I worry about...and that every practical investor that I know is worried". So it may be…

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Tarolyn Thrasher (right) talks to Frederick County Democratic Central Committee supporters Thomas Jackson (center) and Violet Williams (left) after narrowly losing a vote to fill a vacancy on the council of…

Howard Marks said it well when he said that, rather than worrying about stock price volatility, "the possibility of permanent loss is the risk I worry about...and that every practical investor that I know is worried". So it seems smart…

We think it's a good time to analyze Valens Semiconductor Ltd. (NYSE: VLN) As it seems, the company may be on the verge of a huge achievement. Valens Semiconductor Ltd. engages in the supply of semiconductor products that enable…

Zipmex has become the latest digital asset firm to seek and obtain creditor protection after its collapse. The exchange was granted more than three months of protection by a Singaporean court, just weeks after another collapsed digital…

The story at a glance The Mozilla Foundation analyzed 25 popular reproductive health apps for their privacy and security policies. Eighteen of the 25 apps received a *Privacy not included warning label, meaning the…

David Iben said it well when he said: “Volatility is not a risk that interests us. What matters to us is to avoid the permanent loss of capital. So it seems smart money knows that debt – which is usually involved in bankruptcies – is…

The Food and Drug Administration on Tuesday decided to allow hearing aids to be sold to adults without a prescription, a wish long sought by consumers frustrated with expensive exams and devices.The high cost of hearing aids, which are not…

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Placeholder while loading article actionsSuspicious after an unprecedented primary cycle plagued by delayed results, Maryland election officials decided Monday to seek emergency legal action to avoid similar challenges in the fall.After…

The FRC extended the investigation following announcements made by the two companies in July. Reuters, Sing Tao Himo Liu The Financial Reporting Council of Hong Kong has launched an…

Elena Delle Donne scored 22 points and host Washington Mystics beat the Indiana Fever 95-83 on Sunday as both teams finished the WNBA regular season. Tiffany Mitchell scored 18 points for Indiana, which ended the season on an…

What is wage garnishment and how does it work?Payroll deductions (as it is called in the law) is where your…

HYDERABAD: Telangana High Court Judge K Lakshman has given Karvy Stock Broking Limited (KSBL) and nine others two months to file their explanation to the show cause notice issued by the arbitration authority under the…

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A Melbourne-based construction company has collapsed with around $1million in outstanding debt to 50 creditors, liquidators say.The construction company called Blint Builders Pty Ltd has gone into voluntary liquidation after news.com.au…

Placeholder while loading article actionsAs of March 2020, federal student loan repayments are on pause. With that pause scheduled to end on August 31, many borrowers are eagerly waiting to see if President Biden will offer student loan…

COLUMBIA, SC (AP) — The South Carolina Supreme Court ruled Wednesday that a sports bar chain cannot recover…

Creditors at Chesterfield-based online retailer Xbite owed nearly £6.4million when the company was plunged into administration last month, it has revealed. Among these, documents seen by TheBusinessDesk.com show that!-->…

Facebook owner Meta defended himself by noting that the court order "did not mention abortion at all." (Case)San Francisco: Facebook has sparked outrage by complying with US police investigating an abortion case, bolstering…

Ukraine says move will save it $5 billion over two yearsCreditors back similar move for 2 state-owned enterprisesComplete debt restructuring seen after the freezeLONDON/NEW YORK, Aug 10 (Reuters) - Ukraine's foreign creditors have backed…

Representative Jaime Herrera Beutler conceded defeat Tuesday, a week after polls closed in Washington state. Trump backed a primary opponent in Herrera Beutler…

The United States Supreme Court's June decision in Dobbs v. Jackson Women's Health Organization reversed Roe v. Wade, nearly 50 years old, which guaranteed a constitutional right to abortion and paved the way for the Georgian law to come…

About 60% of developing countries are facing the debt crisis in a disastrous form. After Sri Lanka's default, eyes are now on Pakistan, Tunisia, Ghana, Kenya and El Salvador. The International Monetary Fund said that about 60% of…

Subscribe to The Point, arriving in your inbox Monday through Friday at 8 a.m. Today, WUFT News continues its WATERSHED series, a statewide survey of water quality marking the 50th anniversary of the Clean Water Act…

On February 27, 1953, the German-led United States creditors met in London to settle Germany's debt, especially West Germany's debt. The German debt (pre-war and post-war) amounted to 32 billion DM, not counting war reparations and…

Inibehe Effiong “Democracy is a journey and the quality of the journey depends on what we collectively put into it. If we close our ears and eyes, the ship of state could be derailed..." – Denis Odif, Moneyless and Priceless: A…

Ammon News - The government continues to repay its debts to the Social Security Investment Fund (SSIF) and deposits payments directly into the fund's account with the Central Bank of Jordan, SSIF CEO Kholoud Saqqaf said on Sunday.During…

A 55-year-old man attempted to slit his throat at a Defense Housing Authority (DHA) mosque in Karachi on Friday. According to the details, the incident took place inside Masjid-e-Umar Farooq located in DHA Phase-VI. The man identified as…

Sports News day reporter 6 hours ago Mary Daniel - On Friday, Trinidad and Tobago Football Association (TTFA) creditors voted unanimously in favor of a motion on the restructured debt!-->!-->!-->!-->!-->!-->!-->!-->!-->…

COLUMBUS, Ga. (WTVM) – It's back to the drawing board for a controversial land ordinance bill in Harris County. The commissioners rejected it last week, but in a surprise twist it is back on the table.On August 2, Harris County residents…

Quarterly UK insolvency statistics (covering April to June 2022 inclusive) were released on 2 August 2022. They show that there has been an 81% increase in business insolvencies in England and in Wales compared to…

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All the questionsOverview of Restructuring and Insolvency ActivityFollowing the entry into force of the Omnibus Insolvency, Restructuring and Dissolution Act (IRDA) on July 30, 2020, Singapore courts have continued to interpret, apply and…

WASHINGTON — Lawmakers and legal experts at a U.S. Senate hearing on Wednesday stressed the need to pass legislation clarifying an archaic election law so that the peaceful transfer of presidential power is assured. Law on the reform of…

By the time the Major League Baseball trade deadline arrived at 6 p.m. Tuesday, the Portland Sea Dogs were taking to the field for their game against the Erie Seawolves. With no players on the Sea Dogs' roster included in deals made by…

This article was originally published in Bloomberg Law. Reprinted with permission. The views expressed in this article are not those of Winston & Strawn or its clients. The opinions expressed in this article are solely the opinions…

Comment this storyCommentA lawsuit alleging Maryland's largest school district discriminated against its Asian American students after changing its admissions process for the Magnet program has been dismissed by a federal judge.U.S.…

Debt collectors are heroes or villains, depending on your perspective. If you are a business owner and you are owed money, hiring a debt collector can help you collect it. If you are the person who owes money, you may be avoiding this…