Pia Bang Stokes High profile or not, personal insolvency works for debtors Independent.ie When the High Court approved a 12m write-off of debt owed by Pia Bang Stokes and her husband, Jeffrey Stokes – formerly of Unicorn Restaurant fame – it sparked fears that our new personal insolvency regime was failing ordinary debtors while working…
The Supreme Court on Tuesday asked the Centre to detail the composition of the Insolvency Law Committee set up to identify and suggest ways to address issues faced in the implementation of the Insolvency and Bankruptcy Code (IBC). It also asked the government to tell which cases were under active consideration of…
Scott+Scott Attorneys at Law LLP (Scott+Scott), a national shareholder and consumer rights litigation firm, is notifying investors that a class action lawsuit has been filed against Yangtze River Port and Logistics Limited (Yangtze or the Company) (NASDAQ: YRIV) and other defendants, related to alleged violations of federal securities laws. If you purchased Yangtze securities between…
Just when you thought Sears Holdings Corp. was on its way out, the bankrupt department store retailer could be saved once again by a $120 million infusion from its Chairman Eddie Lampert. Sears shares jumped 33% in afternoon trading Tuesday, after the potential Lampert rescue was revealed, reversing a loss of as much as 50%…
The TUC has today announced that household debt in the UK has increased by nearly 1,000 per household to 15,385, in the past year. The figure which includes, bank overdrafts, personal loans, store cards, payday loans, outstanding credit card debt and student loans but excludes mortgages, totals 428bn nationwide. With that, wellbeing expert and CEO…
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Yangtze River Port and Logistics Limited. (Yangtze River or the Company) (NASDAQ: YRIV) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and…
News that the Italian government signed a decree on Monday January 7 to permit both state-backed guarantees for any new bond issues by struggling Genoan lender Banca Carige and, if needed, a precautionary recapitalization by the state will be of little surprise to seasoned observers of European banking. Italy has provided a masterclass in the…
The Greater Williamsburg Chamber and Tourism Alliance is switching things up a bit. When Senate Bill 942 created the Tourism Council under the authority of the alliance in July, there was a chance to do some housekeeping to make the alliance run a little more smoothly, said Jeanne Zeidler, the chairwoman of the alliances board…
FILE – In this Nov. 20, 2013, file photo, people place crosses near the graves where the McStay family was found in Victorville, Calif. (James Quigg/The Victor Valley Daily Press via AP, File) Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. FILE – In this…
Aside from mortgages, unsecured debt in the latter half of 2018 saw a rise of 886 per household on the previous year, with total debt adding up to an astonishing 428billion, compared to 286billion in 2008. These figures put together several factors including personal loans, overdrafts, store and credit card debts and student loans. Yes,…