Donald Trump Will Charge Supporters $200 to Help Chris Christie Pay His Debts – TIME

Presumptive Republican presidential nominee Donald Trump will hold a rally to help rival-turned-support Chris Christie pay off his campaign debts, according to an invitation posted online. The rally, scheduled for May 10, costs $200 per person and will be held in Lawrenceville, N.J. Christies campaign reported more than $400,000 in debts and around $287,000 in…

How bankruptcy code could benefit both industry & financial services – Financial Express

In his Union Budget speech of 2014-15, the finance minister had announced the development of an effective bankruptcy code for easy exit. Following this announcement, the Viswanathan Committee was set up on August 22, 2014, to study the corporate bankruptcy legal framework in India. Commendably, within a short span of time, a comprehensive Insolvency and…

Simply put: Why the proposed Bankruptcy Code is needed, how it’ll tackle bad debts – The Indian Express

Written by Khushboo Narayan | Published:May 10, 2016 12:48 am Being bankrupt is a state of inability to repay debts to creditors. (Illustration by: C R Sasikumar) Lok Sabha last week passed The Insolvency and Bankruptcy Code, 2015, a law aimed at speedy winding up of insolvent companies, lowering NPAs, and redeploying capital productively. KHUSHBOO…

Euro zone looks to help Greece on debt from 2018 upon reform completion – The Australian Financial Review

Greek Finance Minister Euclid Tsakalotos. Getty Images by Jan Strupczewski and Renee Maltezou Euro zone finance ministers have offered to grant Greece debt relief by giving it longer grace periods and bond maturities from 2018 if the country delivers by then on all reforms agreed under its latest bailout. The offer, to be worked out…