Disappointment as North Bay’s space partner declared bankrupt … – BayToday

The announcement Wednesday that Swiss Space Systems had been declared bankrupt by a Swiss court caught local partners by surprise. See: Swiss Space Systems declared bankrupt Canadore President George says he learned of the bankruptcy at the same time as everyone else last week after reading media reports. “I’m disappointed of course because we had a…

The U.S. Government Is Collecting Student Loans It Promised to Forgive – Bloomberg

The U.S. Department of Education has two quite different roles in the lives of indebted former students. The same bureaucracy that must safeguard taxpayer dollars by collecting $1.1 trillion in loans also oversees the nation’s largest-ever effort to forgive student debt. These dual roles have culminated in a strange situation. The Obama administration has repeatedly…

Poker pro must repay $10 million – NEWS.com.au

Phil Ivey ordered to repay millions to casino over edge sorting scandal December 20, 2016 6:46am News Corp Australia Network Share Share on Facebook Share on Twitter Share on Google+ Share on Reddit TEN-time World Series of Poker bracelet wi… Read the full article at: http://www.news.com.au/sport/more-sports/phil-ivey-ordered-to-repay-millions-to-casino-over-edge-sorting-scandal/news-story/2690247418919900223ceb3dbe6e435e

Tough bankruptcy conditions imposed on ‘grossly reckless’ David Henderson – The National Business Review

The High Court in Christchurch has banned property developer David Henderson from running a company for six years on top of his six-year-long bankruptcy, which is set to be lifted next month. Associate Judge Rob Osborne has ordered a number of restrictions on Henderson’s dealings in a 134-page judgment, which will release the developer from…

Ukraine’s biggest lender PrivatBank nationalised – BBC News

Image copyright Reuters Ukraine’s biggest commercial bank, PrivatBank, has been nationalised in a move aimed at protecting 20 million customers and “preserving financial stability in the country”. The country’s central bank said the problems faced by PrivatBank were mainly caused by its “imprudent lending policy” which led to capital losses. Ukraine’s president Petro Poroshenko has…

LENSAR® Strategic Restructure in Partnership with PDL BioPharma, Inc. – Business Wire (press release)

ORLANDO, Fla.–(BUSINESS WIRE)–LENSAR, Inc. (LENSAR), a global leader in next generation femtosecond laser technology for refractive cataract surgery, announced the filing of a Chapter 11 bankruptcy petition on December 19, 2016 to reduce its debt, strengthen its balance sheet and strengthen its platform for future growth. The filing was made with support from PDL BioPharma,…