Mandatory farm debt mediation program initiates 33 cases – Queensland Country Life

QUEENSLAND’s new mandatory farm debt mediation program has seen 33 cases initiated in the first six months of the programs operation. The cases represent a broad cross section of farming industries and 18 local government areas. Administered by the Queensland Rural and Industry Development Authority (QRIDA), the program aims to protect the interests of both…

Education Department’s mishandling of student debt relief claims creating headaches for applicants – Tribune-Review

Updated 1 hour ago Chad Godfroy has saved every email from the U.S. Department of Education since submitting an application to have his federal student loans cancelled in 2015. Despite the continued wait, Godfroy, 38, took comfort in knowing his payments would be postponed as long as his claim was under consideration. He was elated…

Guarantees Under Insolvency Law: Good News For Promoters; Bad News For Lenders – BloombergQuint

Lenders, reeling under the pressure of recovering dues from insolvent companies, have run into another wall. The National Company Law Appellate Tribunal has ruled that lenders cannot invoke guarantees given by promoters while the borrower is facing insolvency proceedings. State Bank of India was amongst the many lenders that initiated proceedings against guarantors to recover…

Companies can survive the retail apocalypse if they own intellectual property: Former Toys R Us CEO – CNBC

Retailers can survive the retail apocalypse if they control their intellectual property, said Gerald Storch, CEO of Storch Advisors, a retail advisory firm. “If [a company] is vertical, the margin is much richer,” Storch told CNBC, referring to a company that owns its own supply chain. “You can afford to play on the internet, which…

CafePress Inc. Announces Additional Restructuring and Changes to its Leadership Team and Board of Directors – Nasdaq

LOUISVILLE, Ky., March 09, 2018 (GLOBE NEWSWIRE) — CafePress Inc. (NASDAQ:PRSS) a leading retailer of personalized products offering a wide variety of expressive gifts and accessories, (“CafePress” or the “Company”), today announced changes to its executive leadership team and Board of Directors. The Company is undertaking another restructuring initiative and is revising its…