Browsing Category
Creditor
Westwood Plaza Sold to Creditor, Tractor Supply Co. Building Expected to be Sheriff Sold in June |…
EBENSBOURGPa. – Foreclosures of Westwood Plaza in Lower Yoder Township…
Judge upholds $19 million arbitration award from Chinese creditors
By Humberto J. Rocha (March 10, 2022, 5:38 PM EST) – A California federal judge has upheld an arbitration award from China requiring a borrower to pay its creditor a total of $19 million, plus legal fees , on a commercial loan,…
Hamilton Estate | Legal announcements
STK-PR-EST-2022-0000273NOTICE OF PETITION TOADMINISTERING THE ESTATE OFLinda Gail HamiltonTo all heirs, beneficiaries, creditors, contingent creditors and persons who may otherwise be interested in the…
195 companies go to bankruptcy court in the December quarter
NEW DELHI: During the December quarter, 195 companies were admitted to the various benches of the National Company Law Tribunal (NCLT) for bankruptcy resolution, bringing the total number of cases ending up in the…
Catholic expert says if you want to help Ukraine, restructure its debt
NEW YORK – In September 2020, Pope Francis reiterated at the United Nations his longstanding plea for change in the global economic system, saying that “in light of current circumstances…all nations must be able to respond to the greatest…
Public Notices Week of March 3, 2022 | Public notices
IN CHANCERY COURT FOR SUMNER COUNTY, TENNESSEEORDER PERMITTING SERVICE BY PUBLICATIONIN PLACE OF PERSONAL…
Reviews | The war in Ukraine has created a new financial weapon in the West
Until the weekend, Russia's $630 billion stockpile of central bank reserves was supposed to protect it from sanctions. If the Western powers refused to lend Russia euros or dollars, the state had enough to continue paying off existing…
Ukraine War Fallout: PH Creditors Seek Higher Yields for Government Borrowings
The Ayuntamiento de Manila which houses the Treasury Office (Taken from the office's Facebook account)
MANILA, Philippines — The Bureau of Treasury (BTr) on Monday (February 28th) rejected all treasury bill offers as rates soared across…
2021 GMC Yukon owner uncovers secret $1 dealer lien preventing him from selling
Minhas landed a new job in Toronto, Canada, forcing him out of his home in Edmonton. He decided that his massive GMC Yukon wouldn't be the best choice to move to the big city. When he tried to sell his 2021 GMC Yukon, Harvey…
Paychecks in Kansas are now protected from garnishment
Thanks to the work of Kansas Legal Services attorneys on a case that went all the way to the Kansas Supreme Court, no one can take a garnished paycheck from a debtor in Kansas.…
Mallee Resources seeks to buy Avebury nickel mine, Allegiance | the lawyer
news, local news, Tasmania, mining, Avebury, Nickel, John Lamb, Mallee Resources, saleA long mothballed west coast mine may finally have to restart, creating jobs and an economic boost for Zeehan and the wider region. A sale agreement…
Sintex lenders will decide on resolution next week
Lenders to bankrupt Sintex Industries will decide next week whether to restart the resolution process or put the four plans they received to a vote, two people with knowledge of the development said. The decision will be crucial given that…
Welcome Energy owes 50 million euros: 70,000 unlucky customers, excluding tax
More than four months after the bankruptcy of Welkom Energie, coordinator Sjakko van Raaijen of Schop & Okkerse Advocaten is increasingly able to put the financial situation into perspective. And that's a shame: Welcome Energy…
BACK TO BASICS, continued—Undesirable fees, really??? | Denton
I write frequently about ancillary products. See last week's blog: Dentons Back to Basics, Continued—Unwanted Fees or Cost of Valuable Ancillary Products?
Ancillary products include borrower's insurance, borrower's insurance,…
Katie Price prepares for High Court showdown with creditors
Katie Price will face the High Court tomorrow after apparently failing to 'fully engage' with creditors to pay off her £3.2million debt. The reality star, 43, who is currently facing an investigation into how she funds her lifestyle, will…
How chef Mark McEwan navigated the ‘public stripping’ of his company’s…
Chef Mark McEwan at Bymark restaurant.HandoutAfter years of running restaurants and building businesses, including events and delis, Mark McEwan felt confident.That was 2019, and although Toronto-based McEwan Enterprises Inc. had been…
How to Form an LLC for Real Estate Investing
LLC for real estate investmentA limited liability company, or LLC, is one of the most common corporate forms in American businesses. It is relatively easy to set up and allows individuals or small groups to do business under one corporate…
Crystal Cruises closes and lays off US staff
Reports say Crystal Cruises is closing with ships…
Lawyer banned after not paying disbursements for seven years | News
A lawyer who used disbursements owed to third parties to support his own struggling business has been struck off the docket.
David Johnson, admitted in 2002 and sole director of Bolton Johnson Law Ltd, admitted receiving payments for…
Bankruptcy judge converts Loveland Shooting Club bankruptcy to Chapter 7, business closes –…
On February 1, a U.S. bankruptcy judge converted the Front Range Gun Club's bankruptcy case from Chapter 11 reorganization to Chapter 7 liquidation, and as a result, the gun club at 697 N. Denver Ave. Suite 128 in Loveland has closed.
A…
Budget Amendments to the Income Tax Act: How Closing the Cess/Surcharge Loophole Can Bring Legal…
The Union Budget made changes to the Income Tax Act that would be retroactive. Making a retroactive change to the 2005-2006 law, the budget clarified that the tax and surtax will not be able to be claimed as deductions in the form of…
Matlock Domain | Legal announcements
STK-PR-EST-2022-0000085NOTICE OF PETITION TOADMINISTERING THE ESTATE OFHAROLD CARLTON MATLOCKTo all heirs, beneficiaries, creditors, contingent creditors and persons who may otherwise be interested in…
Stare decisis doctrine applies to NCLT, NCLAT, NCLAT Rules
Through Mariya Palwala - January 31, 2022 9:08 PM
The National Company Law Appellate Tribunal (NCLAT), Delhi Bench has ruled that the doctrine of stare decisis applies to the NCLT, NCLAT.The Debtor Company obtained two loans from…
Life is Beautiful CEO withdraws creditor’s claim in Tony Hsieh case
The head of the Life is Beautiful festival has withdrawn its claim as a creditor in Tony Hsieh's probate case.
Justin Weniger, CEO of the downtown Las Vegas music festival, had filed the lawsuit in December "out of an abundance of…
Mystic Mountain Creditors’ Meeting Replay Scheduled for Feb. 8 | Business
The resumption of a meeting of creditors from August 9, 2021 of the indebted attraction company Mystic Mountain Limited, MML, in an attempt to reach an agreement to pay the secured bondholders and avoid being officially…
Reitmans Announces New Online Marketplace After Exiting From Creditor Protection | national company
MONTREAL - Hot on the heels of creditor protection, Reitmans (Canada) Ltd. has announced plans to launch an…
LATAM denies creditors say plane lease deal is too big
By Rick Archer (January 24, 2022, 3:48 PM EST) – Chilean carrier LATAM Airlines Group and some of its creditors concluded their arguments before a New York bankruptcy judge on Monday over claims by creditors that the airline proposed…
COC approval is not required when requesting time exclusions under Rule 40C. NCLAT
NCLAT in a bench consisting of Judge Anant Bijay Singh (Judicial Member) and Ms Shreesha Merla (Technical Member) in the case of Indiabulls Housing Finance Limited v Sandeep Chandnadrawing a distinction between "exclusion" and "extension"…
Legal notice of January 21, 2022
WASHINGTON STATE SUPERIOR COURT FOR GRANT IN RE COUNTY ESTATE CASE: | NO: 22-4-00012-13 | MICHAEL S. JOHNSON, | NOTICE OF CERTIFICATION OF CREDITORS | Deceased. | RCW 11.40.030…
Rockdale Marcellus, LLC – With the Imminent Closing of the $220 Million Sale of Repsol, Seeks…
January 18, 2022 – The Debtors have filed a motion to extend the periods during which they have the exclusive right to file a Plan and seek acceptance thereof until March 7, 2022 and May 6, 2022, respectively . Absent the requested…
Harte Gold Announces Auction as Part of Sales and Investment Solicitation Process
TORONTO, January 17, 2022 /CNW/ - As previously announced on December 7, 2021, HARTE GOLD CORP. ("Harte Gold"or the"Society") (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) has been granted protection from its creditors pursuant to an order (the…
Money and the law: ‘Child benefits’ can help pay bills after death | Business
Administering an estate in Colorado is a logical and efficient process. However, it may still take several…
Jade Thirlwall’s Newcastle bar loses nearly £220,000 in its first year in business
EXCLUSIVE: Jade Thirlwall's Newcastle bar loses nearly £220,000 in its first year in business after pandemic-forced temporary closureSinger Arbeia's bar owes creditors £466,000, according to accounts which have just been…
Hon Hai Precision Industry: The subsidiary Lin Yin International Investments Co., Ltd. announced…
Declaration
1.Name and nature of the underlying security (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g.,…
Creditors cannot set off unsecured debts with unfair preference claims. What about other voidable…
For some time, controversy surrounded the question of whether unsecured creditors of an insolvent firm can use set-off under section 553C of the Companies Act 2001 (Cth) (Act) against unfair preference claims. In the recent decision of…
East African countries embark on lending frenzy to fill huge budget deficits
By ALLAN OLINGO
East African economies are starting the new year with a borrowing frenzy with their eyes riveted on commercial debt to boost their economies out of the downturn in the Covid-19 pandemic.Kenya, Tanzania and Uganda…
“19”, “Feminity”, “A Hero” to compete at Kolkata Intl. Film…
TEHRAN - Iranian films "19", "Femininity" and "A Hero" will be screened in the 27th edition of the Kolkata International Film Festival in India.
â19â directed by Manijeh Hekmat and…
Banks must reimburse their customers on demand: Supreme Court
Banks have a "super added obligation" to reimburse their customers on demand with the agreed interest rate, the Supreme Court observed in a recent judgment.A bench of Chief Justice NV Ramana, Justices Surya Kant and Hima Kohli noted that…
Tainan Spinning: Announcement on behalf of subsidiary Nan Fan Housing Development Co., Ltd. of the…
Close
Provided by: TAINAN SPINNING CO. , LTD.…
China Development Financial: CDF, on behalf of CI I, announced the resolution of the Board of…
Close
Provided by: CHINA DEVELOPMENT FINANCIAL HOLDING CORP.…
Nodding creditors: Darwin platform wins Lavasa city bid for Rs 1,814 cr
The CoC member added: âThese will entail a cost of Rs 1,466.50 crore. After adding working capital, repairs / renovations and other construction work, the company offered a total of Rs 1,814 in its revised resolution…
CFPB / FTC / DOJ / Federal Reserve Board File Joint Amicus Brief Arguing Consumers Not Applying For…
The CFPB, the FTC, the DOJ and the Federal Reserve have submitted a joint amicus brief in the United States Court of Appeals for the Seventh Circuit, urging the court to overturn a district court ruling that a person who had previously…
Creditors Barred from Asserting $ 53 Million Claim: A Look at the Excusable Negligence Standard |…
Another case shows the dangers of waiting until the last minutes to meet a legal deadline. In re U-Haul, 21-bk-20140, 2021 Bankr LEXIS 3373 (Bankr. SDW Va. December 10, 2021).
The debtor is a well-known truck rental company. Years…
Malaysian company AirAsia X gets green light to restructure debt
The High Court of Malaysia, which oversaw the restructuring process of AirAsia X (D7, Kuala Lumpur Int'l), on December 16 approved the debt restructuring program of the low-cost long-haul carrier, announced the airline in…
Court orders CBN to pay N149million within 14 days to judgment creditor – Nairametrics
The Abuja National Labor Court ordered the Central Bank of Nigeria to pay Mr. Stacy Johnson the sum of 149 million naira within 14 days to settle a judgment debt owed by the Inspector General of Police and the Ministry of…
Illegal use of violence to collect debts
Dear PAO,My driver told me about an incident involving his brother who is a taho seller in Manila. He claimed his brother had an argument with the supplier of his taho products. The taho…
CoCs must be fair in rescuing businesses: IBBI
NEW DELHI : Creditors' committee that decides the fate of companies that find themselves in bankruptcy courts must be fair and transparent in their decisions, said the Insolvency and Bankruptcy Board of India…
Legal-Ease: Debt Collectors Take to Social Media
Most people have dozens of online subscriptions, social media, and traditional email accounts. Frequently, a single social media platform includes multiple windows of communication through direct messages (often referred to as DM),…
“Creditors of closed banks, shareholders received a liquidation dividend of 6.16 billion…
Posted December 10, 2021
The Nigerian Deposit Insurance Corporation said on Thursday that a total of 6.16 billion naira had been paid out as a liquidation dividend to 1,955 creditors and shareholders of closed banks.
NDIC Managing…
Joint and several liability – what is the implication?
When a party has obtained a judgment in its favor against several judgment debtors, but there is no mention in the judgment that the debtors are jointly and severally liable for the sum of the judgment, what is the party's right against…
Africrypt investors accept Rand 80.7million gain from anonymous outside investor
This year, South Africa witnessed one of the biggest cryptocurrency scandals to date. Brothers Raees and Ameer Cajee, aged 18 and 21, ran a local cryptocurrency investment platform called Africrypt. Earlier this year, it was alleged…
The most privileged security: mortgage – finance and banking
A pledge on real estate is called either a mortgage or a mortgage (hypotheca). In this article, pledging real estate as a mortgage under Turkish law is discussed as it is the type of collateral most preferred by creditors to secure an…
Synnex Technology International: Act for subsidiary to announce obtaining a healthy income fund
Declaration
1.Name and nature of the underlying assets (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g.,…
Restructuring support agreements | Nelson Mullins Riley & Scarborough LLP
The history of the practice of bankruptcy at the time of the Bankruptcy Code, 1979 to the present day, has been that of eliminating chance and uncertainty. This was accomplished by consolidating jurisdiction over the most important…
Delphi Construction: Announces the resolution of the Board of Directors to increase the capital of…
Declaration
1.Name and nature of the underlying assets (if preferred shares, the terms
and conditions of issuance shall also be indicated, e.g.,…
4 Ways To Improve Your Credit Quickly Before Applying For A Mortgage
When you apply for a mortgage, potential lenders will take a close look at your credit score. While your credit history isn't the only factor they take into account, it's one of the most important. A higher credit score can make a huge…
Key points of the sanction judgment of Amicus Finance PLC
In August 2021, Sir Alistair Norris sanctioned the restructuring plan of Amicus Finance PLC (Amicus) (as we wrote at the time). On November 15, 2021, the judge issued his reasons for sanctioning the project.
Background
In summary, Amicus…
Belarus Says Over 100 Refugees Repatriated By Air | Refugees News
Minsk says more repatriation flights will take place on Tuesday as the border crisis continues.According to Belarusian authorities, more than 100 refugees have left Belarus by plane, and more people are expected to leave.
The group of 118…
Court reserves decision on Mittal bankruptcy
Naomi Township London: A London judge on Friday reserved judgment on whether the younger brother of steel magnate Lakshmi Mittal, Pramod Mittal, should have been automatically discharged from bankruptcy after a year or whether his release…
MONTENEGRO – The bill amending the bankruptcy law
The government of Montenegro has promulgated a bill amending the bankruptcy law, with the aim of making bankruptcy procedures more efficient and simpler, but it also proposes important changes to the provisions governing the appointment…
Notice to creditors by mail 11-17-21 |
The publisher is only liable for an amount less than or equal to the royalty for the space of the erroneous article in the event of errors or omissions in any advertisement, and only for…
First group of creditors backs AirAsia X restructuring plan in Malaysia
Malaysian long-haul low-cost airline AirAsia X (AAX) said on Friday that 100% of first of three groups of creditors had accepted a restructuring scheme which proposes to pay only 0.5% of the debt owed and to terminate all existing…
How to Protect Your Credit After a Robinhood Data Breach
Robin Hood (HOOD) - Get the Robinhood report, affected by a data breach earlier this month, admitted that millions of customer information has been exposed and a hacker has demanded an extortion payment.The trading platform said in a!-->…
Cirque du Soleil returns to Toronto in April with touring show after more than 2 years
Cirque du Soleil is set to return to Toronto next spring with its first show in over two years. Montreal circus company claims its critically acclaimed touring show Kurios - Cabinet of Curiosities returns to town on April 14 for a limited…
Itaú Corpbanca announces the results of its placement of preferential rights and its intention to…
SANTIAGO, Chile, November 04, 2021 (GLOBE NEWSWIRE) - ITAÃ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) (the "Company") has launched an offer of transferable rights ("Rights") to subscribe to its ordinary shares, including ordinary…
UPDATE 1-IMF Chief Georgieva Says “Very Optimistic” About Lending Agreement With Zambia
(Add details, quotes)GLASGOW, Nov. 3 (Reuters) - Director of the International Monetary Fund Kristalina Georgieva on Wednesday said she was "very optimistic" about reaching a loan deal with Zambia, one of only three countries for asking…
Time for “new blood”? : Westwood Plaza in foreclosure, put up for sale by the sheriff |…
JOHNSTOWN, PA - A foreclosure has been enforced on Westwood Plaza in…
John Barrasso discusses China’s actions as the world’s largest official creditor –…
https://www.youtube.com/watch?v=Mh_V1B3tVe0 https://www.youtube.com/watch?v=Mh_V1B3tVe0 Oakland News Now - John Barrasso discusses China's actions as the world's largest official creditor - video produced by the YouTube channel with…
UPDATE 1-World Bank Malpass Says G20 Must Accelerate Work on Poor Country Debt
(Add details from G20 press release)By Andrea ShalalROME, October 30 (Reuters) - World Bank President David Malpass on Saturday called on the leaders of the Group of 20 rich countries to speed up work on restructuring the debt of…
Tissue Co. Gorham obtains approval for vote on Ch. 11 Liquidation
By Rick Archer (October 27, 2021, 8:00 p.m. EDT) - A Delaware bankruptcy judge sent Gorham Paper & Tissue LLC's Chapter 11 liquidation plan on Wednesday for a creditors vote, nearly a year after the maker of toilet paper sold…
HNA bankruptcy removes creditors’ hurdle in $ 170 billion debt restructuring
(Nikkei Asia) - HNA Group took a big step forward over the weekend in what is believed to be China's biggest bankruptcy case as creditors gave the green light to an investment by a lesser-known conglomerate that has been involved in…
PB-21-674 / CLIFTON | Legal notices | tulsaworld.com
Posted in Tulsa World, Tulsa County, Oklahoma, October 24-31, 2021IN DISTRICT COURT AND IN THE STATE OF TULSA COUNTY OF OKLAHOMA IN THE MATTER OF THE ESTATE OF FRANK CLIFTON, Deceased. Case No.…
LATAM’s creditors say airline is on the wrong track with Ch. 11 Plan
By Rick Archer (Oct 22, 2021, 5:21 p.m. EDT) - Unsecured Creditors Committee in LATAM Airlines Group Chapter 11 Bankruptcy Case Says South American Airline's Insistence on Providing Benefits to Major Shareholders l 'sends a deadlock…
Olympus Pools owner claims his company owns a stake in former business partner’s business
TAMPA, Fla. (WFLA) - New filings in personal bankruptcy case involving Olympus Pools owner James Staten and his wife indicate Olympus has a 5% stake in Staycation Pools and Spas, another Pool company owned by Staten's one- time…
Lebanon’s central bank audit demanded by creditors to resume
Published on: 20/10/2021 - 16:04Amended: 20/10/2021 - 16:02
Beirut (AFP)
The International Monetary Fund and France are among the…
Evergrande favors domestic investors as default looms
HONG KONG - China Evergrande has announced that it will pay interest on bonds issued in the country, even as the property developer is on the verge of a dollar default, increasingly suspicious among foreign investors that 'they will be the…
Malaysian company AirAsia X offers to pay 0.5% of its $ 8.1 billion debt
The tail of the AirAsia X aircraft seen at the Garuda AeroAsia maintenance facility in Tangerang, Indonesia on September 20, 2017. REUTERS / BeawihartaKUALA LUMPUR, October 18 (Reuters) - AirAsia X Bhd (AAX) (AIRX.KL) proposes to pay only…
Domaine Sartuche | Legal notices
STK-PR-EST-2021-1254NOTICE OF PETITION TOADMINISTER THE ESTATE OFPAMELA SARTUCHETo all heirs, beneficiaries, creditors, potential creditors and persons who might otherwise be interested in the will or…
Air travel tax aid can be clawed back from Aer Arann, court ruling says
The Court of Appeals (CoA) upheld a High Court ruling that illegal state aid in the form of air travel tax to the former Aer Arann airline could be clawed back.
Judge Brian Murray, on behalf of the Three-Judge CoA, said High Court Judge…
To Maximize the Value of Distressed Firms, Insolvency and Bankruptcy Code Needs More Reform
The Insolvency and Bankruptcy Code (IBC) has ushered in a new era in dealing with corporate insolvency and bankruptcy in India.
The code was to provide the necessary framework for orderly negotiation between lenders and borrowers in order…
When good financial intentions lead to bad results – Press Telegram
I have seen this happen several times. Parents believe their property is simple and their children are all on good terms. Therefore, parents avoid doing real estate planning and instead implement real estate planning that tries to treat…
Olympus Pools clients could be eligible creditors in personal bankruptcy, legal witnesses say
TAMPA, Fla. (WFLA) - James Staten, owner of the now-closed Olympus Pools, and his wife Alexis, filed for Chapter 11 bankruptcy this week.
The case gave a glimpse into the couple's and the company's debt, accused of collecting…
Legislation on the reform of bankruptcy sites Back; Previous efforts have been blocked
Here we go - proposed bankruptcy site legislation is back after previous "reform" efforts were unsuccessful. For those seeking legislative action, what are the chances of a site reform today?
The place of bankruptcy business…
Evening update: Ottawa invokes 1977 treaty with US in Enbridge Line 5 dispute; Celebrity Chef Mark…
Have a good evening, let's start with today's best stories: Next Steps in Enbridge Line 5 Dispute with Michigan Ottawa invokes a 1977 treaty with the United States to begin government-to-government negotiations over the fate of Line 5, a…
Vicentin to sell 90% of shares if creditors agree to 70% debt reduction
December 16, two years and 12 days after the agro-exporter Vicentin declared himself in default of payment, the deadline for reaching an agreement between the company and his 1,727 verified creditors. This is established by the terms of…
Bank of Maharashtra raises issue of breach of confidentiality in Videocon insolvency process
New Delhi: Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised the issue of the breach of confidentiality in the insolvency resolution process of the companies of the debt-ridden group before the…
ICYMI: Emmer and Hill Op-Ed Author on China | Press Releases
ICYMI: Emmer and Hill Op-Ed Author on China | Press releases | Congressman Tom Emmer
Facebook icon
Google Plus Icon
Instagram icon
LinkedIn Icon!-->…
Commentary: Ticking time bomb as temporary pandemic support for businesses comes to an end
Alistair Dickson is Director and Head of Scotland at SKSi.As of March 1 of last year, companies have been protected by a ban on insolvency action by creditors if it is reasonable to believe their debts stem from the financial impact of…
Paris Club extends Pakistan’s debt payment deadline to December
The Paris Club of creditor countries has announced that it is extending Pakistan's deadline to service its debt, so that the country can muster its resources to fight the COVID-19 pandemic.The Paris Club has granted Pakistan an…
Defense hopes to block video evidence in Bart Reagor fraud trial
Bart Reagor's lawyers are asking the federal judge presiding over his bank fraud case to prevent prosecutors from showing video evidence in which he boasts of having obtained his wealth from "other people's money" and that everything what…
ARM finally liquidated, creditors take over $ 104 million in debts
By JAMES ANYANZWA
The life of ailing cement maker ARM Cement will end this week (September 30) when joint directors begin to wind up the company to pay off outstanding debts estimated at $ 103.82 million.The co-directors - George…
Philippine Airlines seeks recognition under PH laws
Philippine Airlines (PR, Manila Ninoy Aquino Int'l) is asking local courts to recognize its Chapter 11 bankruptcy protection proceedings in the United States, says airline president and chief operating officer Gilbert…
Lebanon’s international creditors urge new government to start debt restructuring talks
A view of the Central Bank of Lebanon building in Beirut, Lebanon on April 23, 2020. REUTERS / Mohamed Azakir / File Photo / File PhotoLONDON, Sept.21 (Reuters) - A group of Lebanese bondholders, including some of the world's largest…
Laurentian University Faculty Association files claim against board of directors and senior…
Laurentian University Faculty Association (LUFA) Considering Alternative Compensation Option for Members As University of Sudbury, Ontario Undergoes Restructuring Under the Companies' Creditors Arrangement Act (LACC). He filed a claim…
Creditors of failed private school could lose £ 2million owed to them
X
Sign up for free to receive the latest news straight to your inbox
Register now
Creditors of the failing Derbyshire Ockbrook private!-->…
“Can I go to jail for not paying?” »: Answers to this and other questions about the…
You are reading Entrepreneur United States, an international Entrepreneur Media franchise. Badly planned debt can be a real tragedy for an entrepreneur, a family or an individual as it can bankrupt a business and lead to serious…
Malaysian company AirAsia X targets creditors meetings in late October as talks progress
Malaysia AirAsia X Bhd (AAX) has made " progress" month talks with creditorit's like that Goals convene meetings with them to vote on a restructuring plan by the to finish of October, its chief…
As creditors talks progress, Malaysian group AirAsia X plans end of October
(Corrects paragraph 12 reference to "prosecution" to say "affidavit" instead)FILE PHOTO: FILE PHOTO: Tail of AirAsia X aircraft seen at Garuda AeroAsia maintenance facility in Tangerang, Indonesia September 20, 2017. REUTERS / Beawiharta /…
Reviews | Betraying the victims of the opioid crisis
The victims deserved better - and they deserved more. And they didn't deserve the Sackler family to be immune to civil litigation.The family denied any wrongdoing.Several options could have been considered that would have distributed fair…
Covid effect causes year-over-year increase in bankruptcies in southwest
Business bankruptcies continue to increase year over year according to the South West Insolvency and Restructuring Professional Body R3. Although the numbers show a slight decline between June and July 2021, this is the third consecutive…