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Legal process

Ammon Bundy won’t respond to lawsuit, so St. Luke’s takes more legal action

Allison P. Spencer Jun 29, 2022
Repay debts

Australians double spending on buy now, pay later, to $11.9bn

Business loss

Consolidated Construction Consortium announces consolidated net loss…

Creditor

Judges take on Mall of America-Sears Row in bankruptcy case (1)

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Is “Learn Now, Pay Later” Just Another Student Debt Trap?

Business loss

Alibaba abandons its stake in Mango TV in China

Allison P. Spencer Sep 24, 2021 0
Ali Baba (BABA) plans to sell its 5% stake in Mango Excellent Media, according to a statement from the media company on Thursday. She owns Mango TV, which is very popular for its variety shows in China. China's second largest state-owned…
Legal process

ACLU and voter groups sue in Ohio for new legislative cards – CBS Pittsburgh

Allison P. Spencer Sep 24, 2021 0
COLUMBUS, Ohio (AP) - A lawsuit filed Thursday challenges Ohio's newly drawn state legislative districts as giving an extreme and unfair advantage to the Republican Party, which controls the new state redistribution commission. The…
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Erika Jayne and ex Tom Girardi put their $ 1.25 million La Quinta home on the market to pay off…

Allison P. Spencer Sep 23, 2021 0
Erika Jayne and her divorced husband Tom Girardi are officially looking to say goodbye to their home CaliforniaResort town a Kinta. $ 1.25 million homes are on the market to pay off some of the former couple's creditors and legal debts…
Business loss

Hampton funeral home is ‘complete loss’ after fire

Allison P. Spencer Sep 23, 2021 0
A large fire Thursday morning significantly damaged the Reid Funeral Home, one of Hampton's oldest businesses with roots dating back to the mid-1800s. Firefighters arrived at the scene on Main Street shortly after 3 a.m. after receiving a…
Bankruptcy

Boy Scout bankruptcy leaves religious groups open to prosecution

Allison P. Spencer Sep 23, 2021 0
The Boy Scouts of America's ongoing bankruptcy case could now leave thousands of religious groups open to prosecution, the AP reports.Why is this important: The Boy Scouts reached an $ 850 million settlement in July that would ultimately…
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Will China’s growing debt problem affect its ambitious BIS plans?

Allison P. Spencer Sep 23, 2021 0
New Delhi, September 23: Will Beijing come to the rescue of Chinese real estate giant Evergrande Group?The problem arose amid rising debt levels in the Chinese economy at a time when Beijing pushed forward its ambitious BIS targets to gain…
Legal process

The digitization of global trade finance, a gradual and necessary process

Allison P. Spencer Sep 23, 2021 0
Digitization offers short-term benefits of transferring data, documents and processes from an analog environment to a digital environment. Simple processes such as scanning, converting paper reports to digital, telephone calls in…
Creditor

Philippine Airlines seeks recognition under PH laws

Allison P. Spencer Sep 23, 2021 0
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…
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CT lawmakers call on state to forgive unemployment overpayments

Allison P. Spencer Sep 22, 2021 0
Two Connecticut lawmakers are calling on the state Department of Labor to forgive millions of dollars in overpayments made through the unemployment system. Two Democratic lawmakers are calling on the state to stop…
Bankruptcy

Mintz hires two seasoned bankruptcy and restructuring lawyers

Allison P. Spencer Sep 22, 2021 0
Mintz strengthens its bankruptcy and restructuring practice with the hiring of seasoned specialists Nathan Coco and Megan Preusker.The two joined Mintz this month from McDermott Will & Emery LLP. They specialize in restructuring and…
Legal process

Bloomington malpractice surgeon Ricardo Vasquez death Kathryn Espinoza

Allison P. Spencer Sep 22, 2021 0
When a plaque-constricted femoral artery began causing pain in Kathryn Espinoza's left leg, the 59-year-old Bloomington woman scheduled elective outpatient medical intervention.A doctor would insert a catheter into the artery through a…
Bankruptcy

JCPenney closes more stores after bankruptcy. Is your store going to close? See the closure list.

Allison P. Spencer Sep 22, 2021 0
JCPenney has added a pair of stores to its list of permanent store closures.The retailer confirmed to USA TODAY that stores in Greenwood, Mississippi and Baytown, Texas will close soon and hold liquidation sales. The Mississippi store is…
Business loss

American Airlines and JetBlue face antitrust lawsuit for Alliance

Allison P. Spencer Sep 21, 2021 0
In an interview, Robin Hayes, managing director of JetBlue, said that this argument was "completely wrong". He said the alliance with American allows JetBlue to dramatically increase the number of flights to New York airports.…
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Early voting begins October 18 in Canutillo’s ISD bond election in November

Allison P. Spencer Sep 21, 2021 0
The independent school district of Canutillo will hold a $ 187.5 million school bond election on November 2 and early voting will begin in a few weeks.The ICAD School Board voted 3-1 to approve a bond election order in early August, after…
Creditor

Lebanon’s international creditors urge new government to start debt restructuring talks

Allison P. Spencer Sep 21, 2021 0
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…
Bankruptcy

Chattanooga, CBL-based mall operator says business is on the rise as it considers exiting bankruptcy…

Allison P. Spencer Sep 21, 2021 0
CBL Properties raised several executives on Monday as the Chattanooga-based shopping center company aims to turn the page of its November 1 bankruptcy and open a new chapter. “There are many well-known people who have…
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Stock market sinks after Chinese property developer hints at default

Allison P. Spencer Sep 20, 2021 0
BISMARCK, ND (KFYR) - The Dow Jones Industrial Average fell 972 points to its lowest point on Monday. Experts say the drop came after it was announced that a real estate developer in China, Evergrande, announced that it could not repay…
Business loss

Cramer Says To Take Crypto Profits, Cites Evergrande Tie Risks

Allison P. Spencer Sep 20, 2021 0
CNBC's Jim Cramer urged investors with gains in their cryptocurrency wallets to take profits, saying on Monday he believes digital currencies are likely to face more weaknesses related to the struggling Chinese real estate developer…
Legal process

Poland refuses to shut down contested coal mine despite sanction from EU court

Allison P. Spencer Sep 20, 2021 0
The Turow surface coal mine operated by the PGE company is seen in Bogatynia, Poland on June 15, 2021. Photo taken on June 15, 2021. REUTERS / David W CernyBRUSSELS / WARSAW, Sept. 20 (Reuters) - Poland pledged to keep its disputed Turow…
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S&P 500 drops amid fears of real estate contagion in China

Allison P. Spencer Sep 20, 2021 0
Damian J. Troise and Stan ChoeStocks collapsed on Wall Street on Monday in a broad sell-off that extends an already weak streak for major indices. Concerns about debt-engulfed Chinese real estate developers - and the damage they could do…
Bankruptcy

Evergrande Stock Down 48% in September – Is Bankruptcy Imminent?

Allison P. Spencer Sep 20, 2021 0
The price of Evergrande stock fell 48% in September while the stock has lost more than 85% of its value since the start of the year, with the collapse of the company appearing imminent amid its struggles to face a huge debt…
Creditor

Laurentian University Faculty Association files claim against board of directors and senior…

Allison P. Spencer Sep 20, 2021 0
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…
Business loss

Julia called again to promote weight loss product

Allison P. Spencer Sep 19, 2021 0
Julia Trubkina previously called plastic surgery lazy. Now 90 Day Fiancé fans are calling her to promote other methods of rapid weight loss.…
Creditor

Creditors of failed private school could lose £ 2million owed to them

Allison P. Spencer Sep 19, 2021 0
X Sign up for free to receive the latest news straight to your inbox Register now Creditors of the failing Derbyshire Ockbrook private!-->…
Bankruptcy

Homeowners File for Bankruptcy to Protect Historic Black’s Building from Sheriff’s Sale…

Allison P. Spencer Sep 19, 2021 0
Support local journalism…
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New No.1 team, Ohio State falls again

Allison P. Spencer Sep 19, 2021 0
Ohio State Buckeyes wide receiver Jaxon Smith-Njigba (11) kicks the ball after a reception during the second quarter of an NCAA Division I football game between the Ohio State Buckeyes and the Tulsa Golden Hurricane on Saturday…
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Millennial Money Beat Your Summer ‘Revenge Shopping’ Borrowers Française |

Allison P. Spencer Sep 19, 2021 0
The joy of yelling at friends over the roar of a crowded bar, the dizziness of seeing the world running under you from an airplane seat, and the weird twitch of wearing inelastic pants - brought on by the summer of 2021. Win back many…
Repay debts

Could I lose my house to a debt collector?

Allison P. Spencer Sep 18, 2021 0
Legally, it's true that debt collectors could get a court judgment that would force you to sell your house to pay off an overdue debt. In practice, however, this rarely happens. That's because forcing yourself into an involuntary…
Business loss

McConnell is not shocked by the loss of Trump, said there had been “many Maalox…

Allison P. Spencer Sep 18, 2021 0
Mitch McConnell was not shocked by Joe Biden's election victory over Donald Trump, according to a new book. “There have been so many…
Legal process

Nearly half of Bethel police are unvaccinated and could lose their jobs

Allison P. Spencer Sep 18, 2021 0
Bethel residents have called recent city council meetings to express concern over the way the Bethel Police Department has handled Juanita Nick's sexual assault case. (Photo courtesy of the Bethel Police Department) The city of Bethel…
Creditor

“Can I go to jail for not paying?” »: Answers to this and other questions about the…

Allison P. Spencer Sep 18, 2021 0
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…
Legal process

Judge Dismisses Lawsuit to Impeach Wisconsin DNR Chairman | News, Sports, Jobs

Allison P. Spencer Sep 18, 2021 0
In this December 10, 2019 photo, Fred Prehn of Wausau, Wisconsin, faces increasing calls to quit his seat on the Natural Resources Council. His term expired on May 1, 2021, but a rarely used rule allows…
Business loss

Angolan oil giant Sonangol reports net loss of $ 4.1 billion in 2020

Allison P. Spencer Sep 18, 2021 0
Angolan state oil giant Sonangol recorded a net loss of $ 4.1 billion in 2020 as the Covid-19 pandemic slashed sales and the company struggles to ease its heavy debt with sales of 'assets, according to its annual results released this…
Creditor

Malaysian company AirAsia X targets creditors meetings in late October as talks progress

Allison P. Spencer Sep 18, 2021 0
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…
Bankruptcy

Johnson & Johnson brace for reorganization votes showdown with former talc supplier

Allison P. Spencer Sep 17, 2021 0
A bottle of Johnson and Johnson Baby Powder is seen in an illustrative photo taken in New York City. REUTERS / Mike SegarJ&J says votes were improperly traded after deadlineGroup of personal injury claimants defend voting changesVotes…
Business loss

Utah Football: Can ‘utes borrow 2019 season page against SDSU Aztecs?

Allison P. Spencer Sep 17, 2021 0
CARSON, Calif .-- During fall camp there were plenty of comparisons between this Utah team and the 2019 version that won the Pac-12 South Championship and moved up to fifth in the national standings. . That season, the Utes abandoned…
Business loss

Evergrande debt crisis: 5 things to know about the Chinese business empire on the brink

Allison P. Spencer Sep 17, 2021 0
Here's what you need to know about Evergrande and how it got to where it is now.Listed in Hong Kong and based in Shenzhen, southern China, it employs approximately 200,000 people. It also indirectly helps maintain over 3.8 million jobs…
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Unpaid taxes at £ 65bn HMRC balloon

Allison P. Spencer Sep 17, 2021 0
With unpaid debt to HMRC having tripled during the pandemic, the tax office is expected to initiate enforcement proceedings to recover the unpaid amounts from the end of September 2021. According to Kroll expert Sushil Patel, companies…
Creditor

As creditors talks progress, Malaysian group AirAsia X plans end of October

Allison P. Spencer Sep 17, 2021 0
(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 /…
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debt crisis, bond default and investor risks

Allison P. Spencer Sep 17, 2021 0
The Emerald Bay residential project developed by China Evergrande in the Tuen Mun district of the New Territories in Hong Kong, China on Friday July 23, 2021.Lam Yik | Bloomberg | Getty ImagesChinese real estate giant Evergrande is on…
Bankruptcy

After pursuing critics, an oil group has gone bankrupt

Allison P. Spencer Sep 16, 2021 0
Stories of bullies receiving their bounty offer such visceral pleasures that they have become deeply rooted in our culture, from Angelo in Shakespeare's "Measure for Measure" to the lascivious Count in Mozart's "Marriage of Figaro" to to…
Legal process

Speaker removes Jewell Jones from committee posts after new accusations

Allison P. Spencer Sep 16, 2021 0
Besieged State representing Jewell Jones, D-Inkster, no longer sits on any legislative committee. House Speaker Jason Wentworth R-Farwell leveled the sentence on Thursday, a day after Livingston County prosecutors say Jones tried to…
Legal process

Calls for crackdown on dubious builders in Tasmania, owners denounce traumatic experiences

Allison P. Spencer Sep 15, 2021 0
Adriane and Gillian Creamer began a $ 400,000 renovation and extension of their Cygnet home, south of Hobart, in November 2019.Key points:Calls for crackdown on dubious builders in Tasmania mount as owners denounce traumatic…
Legal process

SD lawmakers to weigh medical cannabis rules, after long and painstaking process to prepare them

Allison P. Spencer Sep 11, 2021 0
PIERRE, SD (KELO) - The Legislature Rules Review Committee will scrutinize On Monday whether the state health ministry has adopted the good rules, as South Dakota prepares to enter the world of legal medical cannabis.…
Business loss

Sri Lankan Baila Star Sunil Perera dead at 68

Allison P. Spencer Sep 11, 2021 0
COLOMBO, Sri Lanka - In the end, it was only fitting that Sunil Perera, who had entertained generations of Sri Lankans on the radio and on the dance floor with his distinctive Latin American tunes, would sing along.On his deathbed in a…
Creditor

Reviews | Betraying the victims of the opioid crisis

Allison P. Spencer Sep 11, 2021 0
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…
Repay debts

SBA Strengthens Disaster Loan Program Citing Challenges Of Delta Variant

Allison P. Spencer Sep 11, 2021 0
The Small and Medium Business Administration said on Thursday that the Delta version of COVID-19 will continue to expand nationwide, so more SMEs will have access to government financial support under a program to disaster loans.…
Bankruptcy

How asbestos saved the Sackler family from bankruptcy

Allison P. Spencer Sep 11, 2021 0
A LONG LEGAL chapter of the opioid epidemic in the United States, which continues to kill tens of thousands of people a year, finally came to an end on September 1 when a federal judge in New York City approved Purdue Pharma's bankruptcy…
Business loss

Almeda fire survivor plans to move away from southern Oregon after loss of two wildfires

Allison P. Spencer Sep 8, 2021 0
TALENT, Oregon - On September 8, 2020, the Almeda Fire swept through residential communities, burning down homes and businesses that…
Bankruptcy

Manufacturing, construction and real estate companies suffer from bankruptcy

Allison P. Spencer Sep 8, 2021 0
NEW DELHI : Manufacturing, construction and real estate companies together accounted for seven in ten companies that ended up in bankruptcy courts, official data showed, indicating weak spots in the economy.…
Legal process

Irish protocol conflict risks long-term damage to relations with the EU – POLITICO

Allison P. Spencer Sep 4, 2021 0
Failure to resolve a dispute over customs rules in the Irish Sea could undermine UK-EU cooperation on global challenges for decades to come, UK Brexit Minister Lord warned on Saturday. Frost. "I am concerned that this process…
Bankruptcy

Ramsi’s Cafe on the World Louisville files for Chapter 11 bankruptcy

Allison P. Spencer Sep 4, 2021 0
LOUISVILLE, Ky. - Ramsi's Cafe on the World, which has served international fare for nearly three decades at its Highland establishment on Bardstown Road and opened a second location in Norton Commons this summer, has filed for Chapter 11…
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This popular deleveraging strategy could cost you $ 1,411

Allison P. Spencer Sep 4, 2021 0
There are many different techniques you can use to repay the money you owe. But one of the most popular budgeting methods is called the debt snowball. The debt snowball was promoted by personal finance guru Dave Ramsey as a way to pay…
Legal process

Illinois Democrats Advance New Legislative Districts With Little Public Consideration | Chicago…

Allison P. Spencer Sep 1, 2021 0
Democrats have a stranglehold on the Illinois General Assembly, and on Tuesday they passed legislation that will help the party maintain power for the decade to come despite objections from community organizations and Republicans that the…
Business loss

Launch into space? Not so fast. Insurers balk at new coverage

Allison P. Spencer Sep 1, 2021 0
September 1 (Reuters) - An ever-increasing amount of space debris threatens the satellites that hover around the Earth, making insurers reluctant to offer coverage to devices that transmit texts, maps, videos and scientific data, industry…
Repay debts

What options are available if a Bounce Back loan cannot be repaid?

Allison P. Spencer Sep 1, 2021 0
While these immediate loans have proven to be a lifeline for many businesses that were not able to operate normally, businesses now have to factor in the monthly repayments of the Bounce Back loan, even though the business may not be. -…
Legal process

CSGA mask warrant is legal, state judge rules

Allison P. Spencer Aug 28, 2021 0
The masks are here to stay in public schools in Alachua County. Leon County Circuit Court Judge John Cooper called Governor Ron DeSantis ban on school district mask warrants…
Repay debts

Kenya’s debt grows 6 times in 7 years: report

Allison P. Spencer Aug 28, 2021 0
The country's outstanding debt has grown more than six-fold in just seven years between 2013 and 2020, according to a new report. The report by title “Kenya's Public Debt Profile” by the Institute of…
Business loss

Klarna bets on new growth as US strengthens deal value

Allison P. Spencer Aug 25, 2021 0
A smartphone displays a Klarna logo in this illustration taken on January 6, 2020. REUTERS / Dado Ruvic / IllustrationSTOCKHOLM, Aug. 25 (Reuters) - Swedish payments firm Klarna said on Wednesday it would continue to enter new markets as…
Legal process

Zhang Zhan, Chinese Citizen Journalist, Suffers Hunger Strike

Allison P. Spencer Aug 25, 2021 0
A Chinese citizen journalist who was jailed for exposing the failures of the government's initial response to the coronavirus outbreak in Wuhan is gravely ill from a hunger strike, according to messages from her family shared by her former…
Repay debts

Kirkcaldy company collapse with £ 30million in debt leaves many creditors with nothing

Allison P. Spencer Aug 25, 2021 0
A report on Havelock Europa's disappearance in 2019 found that few companies will get back the money owed to them.The Mitchelston Industrial Estate-based company employed nearly 250 people at the time of its bankruptcy.Now the final report…
Creditor

Covid effect causes year-over-year increase in bankruptcies in southwest

Allison P. Spencer Aug 23, 2021 0
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…
Legal process

Union demands could reshape Baker’s mandate on COVID vaccine

Allison P. Spencer Aug 23, 2021 0
As a result, Baker's tenure, considered one of the toughest in the country, is likely to undergo some changes, said Daniel S. Bowling III, a lawyer and longtime employment law scholar who teaches at Duke Law School.Baker's statement on…
Creditor

President Weah should explain why the government has not increased its payments to domestic…

Allison P. Spencer Aug 22, 2021 0
The Liberian People's Party (LPP) calls on President George Weah to explain why the government reduced public spending by 63% from US $ 115 million in 2019/20 to US $ 42 million in 2021, 2022 and 2023; and…
Legal process

Missouri authorities finally track down man who brags about shoplifting on Facebook – FOX 2

Allison P. Spencer Aug 22, 2021 0
St. Charles County Residents and Business Owners Oppose Proposed MoDOT Project Local News / 2 days ago…
Business loss

Alex Cora on last Red Sox loss: “It was embarrassing”

Allison P. Spencer Aug 22, 2021 0
Red Sox The Red Sox lost for the fourth time in five games on Saturday. Red Sox manager…
Repay debts

Second-tier banks urged to tighten their lending amid growing household debt

Allison P. Spencer Aug 22, 2021 0
South Korea's financial watchdog has called on second-tier banks to tighten lending standards on their extension of unsecured personal loans, as part of a move to curb rising debt among households, industry sources said on Sunday.The…
Legal process

Trudeau condemns Chinese court’s 11-year sentence in Canadian spy case

Allison P. Spencer Aug 11, 2021 0
BEIJING, Aug.11 (Reuters) - Canadian Prime Minister Justin Trudeau said on Wednesday that a Chinese court's sentencing of Canadian businessman Michael Spavor to 11 years in prison for espionage was "absolutely unacceptable" and called for…
Business loss

Lightning eMotors, Inc.’s (NYSE: ZEV) Shift from Loss to Profit

Allison P. Spencer Aug 11, 2021 0
We think now is the right time to analyze Lightning eMotors, Inc. (NYSE: ZEV) because it looks like the company is on the cusp of a huge accomplishment. Lightning eMotors, Inc. designs, manufactures, and sells electric vehicles. The…
Business loss

bluebird (BLUE) Larger than expected loss in T2, lower revenues Y / Y – August 9, 2021

Allison P. Spencer Aug 9, 2021 0
bluebird bio, Inc. (BLUE Quick QuoteBLUE - Free Report) reported a loss of $ 3.58 per share for the second quarter of 2021, larger than Zacks' consensus estimate of a loss of $ 3.26. The company reported a loss…
Creditor

Competing for consumer attention

Allison P. Spencer Aug 9, 2021 0
Show Notes: To celebrate Clark Hill's CreditEcoToGo first anniversary and 50th episode, we discuss the digital transformation of the collections industry with Dave Hanrahan, CEO and co-founder of Kredit, a next-generation software…
Business loss

Oil drops 3% on China’s COVID-19 brakes, stronger dollar

Allison P. Spencer Aug 9, 2021 0
Brent and WTI hit 2.5-week lowsChina Reports Increase in New COVID-19 CasesChina's crude imports in July drop 20% year on yearLONDON, Aug. 9 (Reuters) - Oil prices fell more than 3% on Monday, extending last week's steep losses amid a…
Legal process

Cuomo’s team attacks state report after staff member files criminal complaint against governor

Allison P. Spencer Aug 6, 2021 0
New York Attorney General Letitia James's office held firm in its report released Tuesday, saying Cuomo's legal team denouncing the underlying process "has damaged the credibility of women." Separately, Cuomo's attorneys have scanned the…
Legal process

Public notices should stay in the newspapers

Allison P. Spencer Aug 5, 2021 0
Etienne Key Public notices required by the courts are valuable tools of our democracy because they provide due process for Americans who will be affected by government action and help make the judicial process more transparent.Posting…
Business loss

GM Goes Profit, Raises Full-Year Outlook

Allison P. Spencer Aug 4, 2021 0
The new GM logo is seen on the facade of General Motors headquarters in Detroit, Michigan, USA on March 16, 2021. Photo taken March 16, 2021. REUTERS / Rebecca Cook Aug. 4 (Reuters) - General Motors Co (GM.N) posted second-quarter profit…
Repay debts

National Guard training to continue in August and September after congressional action | State and…

Allison P. Spencer Aug 4, 2021 0
SPRINGFIELD - The Illinois National Guard abandoned plans to cancel weekend drills and training drills in August and September, which would have resulted in time off and lost wages for thousands of Guard soldiers and…
Repay debts

Indian boy commits suicide over £ 28,000 debt

Allison P. Spencer Aug 3, 2021 0
An Indian boy committed suicide after being unable to pay a debt of £ 28,000. The tragic incident happened in Uttar Pradesh Sitapur district. Unable to repay the money he had borrowed, young Manoj committed suicide. Doctors…
Creditor

IBBI: Too early to think of a pre-packaging system for large companies

Allison P. Spencer Aug 3, 2021 0
The IBC currently allows a maximum of 270 days for the completion of the entire CIRP.Insolvency and Bankruptcy Board of India (IBBI) Chairman MS Sahoo hinted at the possibility of rolling out the pre-pack insolvency regime in the future,…
Legal process

Senator Lankford discusses concerns over US-Mexico border

Allison P. Spencer Jul 23, 2021 0
Oklahoma US Senator James Lankford spoke about the US-Mexico border impact issues on Oklahoma at a press conference Friday.Lankford said he believed billions of taxpayer dollars were wasted paying contractors not to build a border wall.…
Repay debts

Maya Wiley’s $ 1 million campaign debt in New York puts black-owned businesses at risk

Allison P. Spencer Jul 23, 2021 0
As a mayoral candidate, Maya Wiley said she had "been black my whole life" - but that's a cold comfort to the unpaid salespeople of her failed campaign, to whom we owe nearly a million dollars, including a black-owned…
Business loss

Florida insurer Gulfstream agrees to liquidate

Allison P. Spencer Jul 23, 2021 0
Sarasota-based insurer Gulfstream Property and Casualty Insurance Co. agreed to liquidate after becoming insolvent.In an order accepted by Gulfstream on Thursday evening, the Florida Office of Insurance Regulation recommended that the…
Creditor

PDVSA’s EXCLUSIVE creditors target $ 600m in Portugal bank account – documents, source

Allison P. Spencer Jul 23, 2021 0
The logo of state-owned oil company PDVSA is seen on a tank at an oil facility in Lagunillas, Venezuela, January 29, 2019. REUTERS / Isaac Urrutia / File PhotoNEW YORK / LISBON, July 23 (Reuters) - Creditors of Venezuelan state-owned oil…
Legal process

Chelsea residents sue developer who scrapped organic farm

Allison P. Spencer Jul 21, 2021 0
A group of residents living in the Hendrick Farm development in Chelsea, Quebec, are suing the developer for removing the organic farm which they say is the reason they bought there in the first place. Hendrick Farm, which is just west of…
Legal process

BREAKDOWN: Mayor Victorino veto Bill 60 on moratorium on hotel construction

Allison P. Spencer Jul 21, 2021 0
County officials today announced that Maui Mayor Michael Victorino is vetoing Bill 60, the hotel moratorium bill, which was passed by county council from Maui on July 2, 2021. “Like you, Mayor Victorino's…
Creditor

The 1st personal bankruptcy case marks a legal breakthrough

Allison P. Spencer Jul 21, 2021 0
The first court ruling in a personal bankruptcy case in China came on Monday, four months after local regulations on personal bankruptcy cases in Shenzhen came into effect in March. Plaintiff Liang…
Repay debts

CT state college system cancels $ 17 million in community college student debt amid pandemic

Allison P. Spencer Jul 20, 2021 0
HARTFORD - Connecticut state colleges and universities will write off $ 17 million in debt that community college students have accumulated or have been unable to repay due to the COVID-19 pandemic.The CSCU announced on Tuesday that the…
Business loss

Back to basics may boost Harley’s earnings although Street is wary of volume gains

Allison P. Spencer Jul 20, 2021 0
July 20 (Reuters) - The big question hanging over Harley Davidson Inc's (HOG.N) second quarter results on Wednesday will be familiar: Has the 118-year-old brand sold enough bikes?After struggling to expand its appeal beyond middle-aged and…
Creditor

Buyers circle Seadrill as he plans to emerge from bankruptcy: sources

Allison P. Spencer Jul 20, 2021 0
(Reuters) - Noble Corp and a consortium comprising Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born magnate John Fredriksen, people…
Legal process

Judge appoints guardian to represent two children

Allison P. Spencer Jul 20, 2021 0
A High Court judge has appointed a guardian to independently represent two young teenagers at the center of a legal battle over whether they should be returned to their father, who has custody of…
Repay debts

If you can, should you prepay a student loan?

Allison P. Spencer Jul 20, 2021 0
Students should consider whether they should pay off their debts quickly or gradually.…
Legal process

Council initiates legal action against unidentified individuals based on findings of judicial…

Allison P. Spencer Jul 20, 2021 0
Following a closed-door meeting, the board voted 7-2 to hire a law firm to "make accountability come true" The Town of Collingwood hired a legal team to pursue the prosecution of those involved in the sale of Collus shares in 2012…
Repay debts

Old campaign debt drags San Jose city council member

Allison P. Spencer Jul 19, 2021 0
An old debt to a campaign consultant raises questions about why a San Jose council member hasn't paid her. District 5 Council Member Magdalena Carrasco owes $ 25,719.67 to a consultant through her committee, Friends of Magdalena Carrasco…
Creditor

NCLAT remains NCLT’s sign of assent to Twinstar’s resolution plan for the Videocon group

Allison P. Spencer Jul 19, 2021 0
The National Company Law Appeals Tribunal (NCLAT) has suspended the approval granted by the Mumbai chamber of the National Company Law Tribunal (NCLT) to the resolution plan submitted for the Videocon group besieged by Twinstar…
Business loss

These are the real winners of record car awards

Allison P. Spencer Jul 18, 2021 0
Despite very high prices and growing customer demand, most automakers are set to report that revenues are down from what they were in the second quarter of 2019, a "normal" period before. the pandemic which is used for many comparisons of…
Creditor

Management Commentary: CA Institute Invites Stakeholders To Comment On IASB Exposure Draft

Allison P. Spencer Jul 18, 2021 0
The CA Institute has solicited stakeholder comments on the International Accounting Standards Board's new Exposure Draft, “Practice Statement on Management Commentary,” which aims to help entities…
Creditor

The cost of the AIS collapse continues to rise

Allison P. Spencer Jul 17, 2021 0
While it has been the subject of much speculation since May, when news broke of the collapse of grain merchant Alexander Inglis and Son, the release last week of the administrator's preliminary report finally gave precise…
Legal process

Northern Liberties Cemetery: Neighbors Demand Better Process

Allison P. Spencer Jul 17, 2021 0
💌 Do you like Philly? Sign up for the free Billy Penn newsletter to get everything you need to know about Philadelphia every day. After a passer-by photographs coffin-shaped footprints at a construction…
Repay debts

OYO Raises $ 660 Million in Debt Financing from Institutional Investors to Jumpstart COVID Affected…

Allison P. Spencer Jul 17, 2021 0
Oyo is one of the first Indian startups to raise capital through term loansHotel company Oyo Hotels and Homes has raised $ 660 million in debt financing from global institutional investors via term loan financing (TLB),…
Repay debts

How COVID has affected UK businesses – and what happens after July 19

Allison P. Spencer Jul 15, 2021 0
Britain will finally be freed from most of the restrictions placed on it during the pandemic from July 19 (and Northern Ireland from July 26). Knowing that the majority of the adult population has been doubly vaccinated, authorities…
Business loss

Materials and product launch woes beat Siemens Gamesa forecast

Allison P. Spencer Jul 15, 2021 0
A wind turbine model with the Siemens Gamesa logo is displayed outside the annual general meeting of shareholders in Zamudio, Spain on June 20, 2017. REUTERS / Vincent West / File PhotoShares fall after company warns of possible lossSecond…
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