The housing minister is investigating whether a company which Kiwi families say left them with half-finished renovations breached new disclosure requirements. Renovar Ltd, of which Jonathan Sommers was the sole director, was put into liquidation on August 9. And the liquidator says it’s unlikely any of the complainants will get their money back. Homeowner Amanda…
Aug. 22, 2016 12:53 a.m. ET TOKYO Sharp Corp. SHCAY 2.29 % will implement a large-scale corporate restructuring to achieve profitability, with the hope of restoring the brands image as a global provider of innovative consumer electronics, the companys new chief executive said Monday. My mission as the leader of Sharp is to turn around…
The list of companies deciding to help employees with their student loan debt is growing. Aetna recently announced that next year it’ll match eligible employees’ student loan payments up to $2,000 per year, with a maximum benefit of $10,000. Only 4 percent of companies offer a student loan repayment assistance benefit, according to the latest…
Nakheel has repaid a Dh4.4 billion Islamic bond as the developer emerges from a five-year financial restructuring. The company behind Dubais palm-shaped islands said the final trade creditor sukuk payment this week marked the end of a process that began in August 2011. It represents a major milestone for a developer often associated with both…
The list of companies deciding to help employees with their student loan debt is growing. Aetna recently announced that next year it’ll match eligible employees’ student loan payments up to $2,000 per year, with a maximum benefit of $10,000. Only 4 percent of companies offer a student loan repayment assistance benefit, according to the latest…
In 2015, 71% of college graduates left school with an average of $35,051 in debt, nearly quadruple the average debt among college graduates in 1993. Thats a lot of debt to be strapped with as graduates make their way into the working world. Fortunately, there are options that can help some borrowers pay off that…
Comments (0) A gambling addict has been jailed after he stole exactly £500 worth of booze and meat from Retford’s Asda store to pay off a debt. Sean Brooks walked into the Wharf Road store and filled up his trolley with alcohol and meat before walking out and handing the goods over to the men who…
Company could have around 4.5m to distribute to shareholders The board of Dublin-listed Merrion Pharmaceuticals has proposed that the company be wound up, with its remaining funds distributed to shareholders. Following the sale of its intellectual property assets to drug giant Novo Nordisk and changes to the licence agreements between the two companies last year,…
Imagine charging someone for debt relief, when all youre doing is filling out government forms. Thats what has been going on for years when it comes to college loans. And its classic financial exploitation. Desperate borrowers go to websites claiming loan forgiveness and often get charged for free government services. Its clearly a swindle, but federal regulators have …
New York REIT Inc. said the company will be liquidated after it completes a plan to sell its assets and return the proceeds to shareholders. The company has determined, after considering other strategic alternatives available, that it is in the best interests of NYRT to adopt a plan of liquidation, according to a statement on…