Riga, Latvia, 2019-02-08 21:58 CET (GLOBE NEWSWIRE) — ABLV Bank, AS in liquidation (hereinafter the Company) has carried out reorganisation of the companies of the group and within the framework of the reorganisation the Companys subsidiary New Hanza Capital, AS has become an owner of 100% of shares of NHC 5, SIA. The Company retains…
Dealing with mental health can be tricky. But when you throw debt into the mix, it can feel like its all too much. Debt can be both a cause and a consequence of mental health problems. According to charity Mind, one in 11 people in the UK is in debt, increasing to one in four…
While debt consolidation offers may sound appealing, especially if the new loan offers an attractive initial interest rate, it is important to consider all the factors before picking one up. By: Hitesh Khan/ If you are like most Singaporeans, your email and mailbox may be filled with offers for credit cards, mortgage refinancing and personal…
April 2011: “The club has been rescued, thank God, of the fantastic heritage of Liverpool Football Club, but it was a close call.” William Gaillard, adviser to UEFA president Michel Platini. May 2012: People have short memories, its only 15-16 months ago we were a day away from being in administration. We are now stable…
FULLBEAUTY Brands Holdings has completed a financial restructuring to emerge from chapter 11 bankruptcy with around $35m in new financing. The company has cleared approximately $900m of debt during the bankruptcy process. In January 2019, the fashion brand signed a comprehensive restructuring support agreement with its key stakeholders, including equity sponsors Apax Partners and Charlesbank…
Terence Coventry, from Gainsborough, Lincolnshire, was appointed the sole director of Alliance Traffic Services Ltd in April 2016 before he caused the company to enter into a factoring agreement a month later. The factoring agreement, which Coventry personally guaranteed, set out the terms where an independent finance company would buy Alliance Traffic Services invoices in…
CEDARHURST, N.Y., Feb. 08, 2019 (GLOBE NEWSWIRE) — The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff…
(Reuters) – Arconic said on Friday it would split into two companies and slashed its quarterly dividend by two-thirds, just weeks after the U.S. aluminum products maker spurned a buyout offer from Apollo Global Management. The company, formed following a split of Aloca Corp in 2016, plans to spin off one of its core divisions…
NEW YORK, Feb. 08, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the…
Compared to the latest wind selling price (69c), we must eliminate 36c of cost from the capital recovery to make Medupi competitive with wind. This requires a 68% write-off of the asset value making a R131bn deficit in the Eskom balance sheet. As Jabu Mabuza said: Someone must pay. 5. The one basic truth There…