Shock and job cuts as central Victorian disability agency enters administration – ABC Local

A big central Victorian disability support agency has immediately cut about 40 jobs after going into voluntary administration. Radius Disability Services provides supported employment and disability care in Bendigo, and made the shock announcement to staff yesterday. The agency has also started meeting people affected by the closure, including the parents of those…

First Personal Bankruptcy in Croatia Declared – Total Croatia News

An unsuccessful entrepreneur from Krapina is the first person in Croatia which has declared personal bankruptcy. Three months after starting proceedings for personal bankruptcy, the Municipal Court in Zlatar officially confirmed the first personal bankruptcy in Croatia, which was filed by a 51-year-old former businesswoman from Krapina. Based on data, the court concluded that pension…

Metabolix Names Yield10 Bioscience Management Team; Provides Update on Strategic Restructuring and Cash Position – GlobeNewswire (press release)

WOBURN, Mass., Oct. 17, 2016 (GLOBE NEWSWIRE) — Metabolix, Inc. (NASDAQ:MBLX) today announced the management team that will lead Yield10 Bioscience. The company also provided an update on its strategic restructuring and cash position. Yield10 Bioscience is focused on the unmet need for enhanced global food security and is developing proprietary technologies to enable step-change…

New Approaches Aim to Help Students Understand Debt, Manage Loans – GoodCall News (blog)

Editors note: GoodCall writer Candace Talmadge continues her ongoing look at how well college students understand their student loans. In Part 1, she tracked the situations of three college students struggling with their debt. Part 2 looked at the effectiveness of college loan counseling. Today, she examines some alternative forms of counseling. Significant numbers of…

Will personal insolvency resolution now be easier? – Livemint – Livemint

New Delhi: Personal insolvency cases under The Insolvency and Bankruptcy code 2016 will be handled by Debt Recovery Tribunals (DRTs). For an insolvency sum greater than Rs1,000, the cases will be moved out of civil courts to the special tribunals. How has the personal insolvency scenario changed? The Insolvency and Bankruptcy code 2016 completely overhauled…