Sept. 13, 2016 5:30 a.m. ET The industry warnings are urgent and often dire: The housing market could stall. Marriages are being postponed. Workers wont have the savings to retire. The nations food supply will be disrupted. They point to one threat: soaring student debt. A tripling of student debt over the past decade to…
left to right CVR Global managing partner Richard Toone, with Southampton partners Simon Lowes and Matthew Fox INSOLVENCY and restructuring firm, CVR Global, has opened a new office in Southampton with a new senior partner appointment. Matthew Fox, partner at CVR Global, said: Were delighted to have opened the new office and to welcome Simon [Lowes]…
Business News Retail By Chris Cooke | Published on Tuesday 13 September 2016 HMV owner Hilco has responded to criticism from its former staff in Ireland, whose redundancy payments were further delayed last week when the Irish side of the entertainment retail group was put into liquidation. As previously reported, when Hilco bought HMV out…
Are you looking for work in and around Mackay? Here are nine jobs that are available right now. 1. Greyhound bus drivers Greyhound buses will take over from Stonestreet buses on the busy Toowoomba to Brisbane route. Photo: Contributed Contributed This is a role with a lot of flexibility. Greyhound Australia is looking for drivers;…
The Australian economy is facing headwinds for the remainder of 2016 and into 2017 following the decline in commodity prices. Local bankruptcies are expected to rise by 8%, according to Atradius forecasting, so it makes good business sense to look for ways to reduce risk exposure to let the company trade confidently. Australian businesses must start…
This is to address the grievance and pain I am carrying on my shoulders in offsetting my debts. At times I feel tired and wish to die but thats not the solution. So please help me in negotiating with my bankers. I have three loans with three different banks that have accumulated to Dh165,000. I…
Luke Palladino, a star chef in and around Atlantic City for almost 15 years, has declared bankruptcy and closed his latest South Jersey restaurant. An answering machine was still working and giving out restaurant details Monday at Luke Palladino Seasonal Italian Restaurant, in Linwoods Central Square shopping center. But the system wasnt taking messages and…
Pursuant to the terms of the indenture (the “DIP Warrant Indenture“) governing the warrants issued as part of the debtor-in-possession financing (the “DIP Financing“) made available in connection with the Creditor/Catalyst Restructuring Transaction (the “DIP Warrants“), October 3, 2016 has been designated as the “Anticipated Exit Date” (or the expected Implementation Date). The record date…