By Eleanore D. Sanchez Owning your first home may be a dream come true, but it is a reality that you will miss repayments due to unavoidable circumstances, and may have to refinance to deal with the burden of debt. The Australian Securities and Investments Commission (ASIC) cites some circumstances to avoid so that you…
Debt consolidation is the process of refinancing multiple balances into a single loan. You can take out one loan for the total amount of your current debt, then repay your existing debts with the funds from the new loan. Finally, youre left with just the new loan to repay. A debt consolidation loan can help…
The number of companies going bust in the European nation has soared by 49.5 per cent in the first eight months of the year, with 2,474 companies being declared insolvent – 819 more than in the same period last year – according to data from the Ignios Business Centre. Last month insolvent companies jumped by…
A court in southern China has formally declared bankrupt Guangxi Nonferrous Metals Group Co Ltd, an unlisted state-run metals producer that defaulted on a bond in February and missed a payment in April. The firm, which is owned by the Guangxi regional government, had failed to propose a court-ordered reorganization plan within a six month…
NEW YORK–(BUSINESS WIRE)–Perella Weinberg Partners today announced that John M. Cesarz has joined the Firm as a Managing Director in its Advisory business. Based in New York, Mr. Cesarz will be a member of the Firms restructuring practice. Mr. Cesarz has more than 15 years of investment banking experience. He was most recently a Managing…
Stock Exchange Release Talvivaara Mining Company Plc 20 September 2016 Status of Talvivaara’s reorganization proceedings The Company has started preparations for the conversion issue in accordance with the restructuring programme Talvivaara Mining Company Plc (“Company” or “Talvivaara”) announces that today it has received a statement from the Administrator of its corporate reorganization proceedings…
Debt consolidation is the process of refinancing multiple balances into a single loan. You can take out one loan for the total amount of your current debt, then repay your existing debts with the funds from the new loan. Finally, youre left with just the new loan to repay. A debt consolidation loan can help…
The Court of Appeal has overturned the decision of Justice Baker in the High Court, and found that the Protective Certificate obtained by the solicitor had not caused the Credit Union to suffer an irreparable loss that would not otherwise occur. Any loss was an inevitable consequence that had been foreseen by the Oireachtas when…
The proposed issuance of masala bonds by Delhi International Airport (DIAL), which operates the international airport in the national capital, would help in raising funds without incurring currency risk and also lengthen its debt maturity profile, according to credit rating agencies. Moody’s Investors Service and S&P Global Ratings on Tuesday assigned rating…
Rebecca Walker Rebecca Walker, a senior associate with Ledingham Chalmers, has secured a certificate of proficiency in insolvency (CPI). This qualification is offered by the Insolvency Practitioners Association for those specialising in the insolvency field. Covering both personal and corporate insolvency, CPI gives students a solid foundation in both the legal framework surrounding insolvency, and the duties…