October 26th, 2018 Jason Jiang Greater China, Shipyards 0 comments A local court in Jingjiang, Zhejiang has officially declared the bankruptcy of defunct Chinese shipbuilding group JES International Holdings, the Singapore-listed platform of Jiangsu Easter Heavy Industry and seven of its affiliate companies, three years after the yard applied…
College graduates with student loan debt (read: pretty much all college graduates), rejoice and pack your bags. Financial salvation awaits you in the land of lobster and, now, student debt forgiveness. Thats right: Maine will help pay off your student loans if you move to that great northeasternmost state. Excuse me while book my plane…
ARLINGTON, Va., Oct. 25, 2018 /PRNewswire/ — QED Group, LLC (QED)announced today it has completed a two-year corporate restructuring process ahead of schedule with the promotion of Patrick Lohmeyer to Chief Operating Officer. Based in Arlington, VA, QED works with leading government agencies, organizations and global corporationsto design and implement cutting-edge, data-driven solutions that address…
Millions of Americans face crushing medical debt every day. Its the leading cause of bankruptcy in the country and nearly one in four Hoosiers currently faces the heartache and stress of medical debt now in collections. FOX59 News been digging in to this important story for several months, meeting with families all over Central Indiana…
Dear Sir / Madam, We would like to inform you that meeting of the 06th Committee of Creditors of Sterling Biotech Limited is scheduled to be held on Monday, 29th October 2018 at 12.00 noon IST at Mayfair Banquets, 254-C Dr. Annie Besant Road, Shivaji Nagar, Worli, Mumbai-400 030, Maharashtra, India. You are requested to…
CHICAGO–(BUSINESS WIRE)–Roosevelt University, a leading higher education institution dedicated to social justice and to making higher education available to all students who qualify academically, regardless of their background, today announced that it has completed a successful debt restructuring that provides significant relief from debt service obligations and allows the University to reallocate funds towards completion…
One of the UKs most renowned restaurateurs has urged Chancellor Philip Hammond to wake up and see how disastrous the situation is as he launched a petition calling for business rates to be reviewed. David Moore, the owner of Michelin-star restaurant Pied Terre for 27 years, wants the UK to abolish business…
Promoters of Essar Steel Ltd., the Ruia family, have offered to repay creditors of the steel firm in an attempt to withdraw it from the insolvency resolution process. In a press statement on Thursday, the companys shareholders said they are willing to pay Rs 54,389 crore to creditors. The company said that Essar shareholders will…
In compliance of Para 16(h) of Part A of Schedule III and Regulation 30, i.e. submission of particulars of invitation of resolution plan under section 25(2)(h) of Insolvency Code in Form specified under Regulation 36A of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, copy of Form G containing required particulars is enclosed…
Sunil Kumar Ralhan (37) appeared at Birmingham Crown Court on 5 October 2018 and in addition to the court-ordered disqualification for 7 years, the company director received a 9-month prison sentence. The court heard that Sunil Ralhan was the sole director of Travelogue Ltd from November 2014, having bought the travel agency from its former…