New DELHI: The Insolvency Resolution Professional (IRP) dealing with the Jaypee Infratech case has concluded that the current proceedings will cover apartments and plots spread across 27 projects in three land parcels and has ruled out any impact on projects being developed by Jaypee Associates, while also categorically stating that no refunds are possible. In…
Officials at WyoTech, a Corinthian Colleges campus, talk to students on the day their campus shut down. Adolfo Guzman-Lopez/KPCC California Attorney General Xavier Becerra announced on Friday that about $51 million in student loan relief will be coming to former California students of the now defunct Corinthian Colleges. Corinthian intentionally targeted low-income, vulnerable individuals through…
Buyers of undelivered flats can now seek claims from an insolvent company under the revised regulations of insolvency law. IBBI (The Insolvency and Bankruptcy Board of India) on Wednesday night added a form-F for homebuyers. Earlier the homebuyers didnt have a specific form to be filled up to claim refund from a builder. The government…
Since time immemorial, women have stayed with violent partners because they can’t afford to leave. Clearly, there’s been progress. In our society women have full economic rights, though we don’t yet have full financial equality. We can hold a job, we can open a bank account, we can own property in our own right, and…
The Chinese government has served notice on the countrys foreign investment spree in football clubs, skyscrapers and Hollywood as it moves to curb rising levels of debt among domestic companies. The announcement of restrictions in a range of sectors follows a buying spree around the globe during which Chinese firms and business tycoons have taken…
OLYMPIA Washington State Attorney General Bob Ferguson recently announced that Lake Oswego, Ore.-based Aequitas Capital Management must provide nearly 2,000 Washington student loan borrowers more than $7 million in debt relief. Washington Attorney General Bob Ferguson A motion was filed in federal court that, when approved, will allow Ferguson to file an assurance of…
DECEIT: Steve Josifovski thought he could trust his old school friend Lemuel Page, but eventually became just another of the con man’s many victims. Inset: Page and his then wife Fiona at a Josifovski family function in happier times. EVEN now, years later, Steve Josifovski doesnt want to believe he was ripped off. After all,…
According to high-profile Sydney art dealer Tim Goodman, if Facebook’s Mark Zuckerberg had his way Michelangelo’s statue of David would be draped in a respectable loin cloth while Norman Lindsay’s randy nymphs would be relegated to a sleazy back room at the Art Gallery of New South Wales, well out of public view. Goodman has come…
In business, as in life, it’s good to have a Robin to your Batman, a Goose to your Maverick. In the case of Myer, chief executive Richard Umbers has now assembled the Flying V. The executive level shake-up was brought on after the sudden departure of the retailer’s deputy chief executive and Mr Umbers’ key…
According to high-profile Sydney art dealer Tim Goodman, if Facebook’s Mark Zuckerberg had his way Michelangelo’s statue of David would be draped in a respectable loin cloth while Norman Lindsay’s randy nymphs would be relegated to a sleazy back room at the Art Gallery of New South Wales, well out of public view. Goodman has come…