Nearly eight years into addiction recovery, Nicole Zoellner is still paying off $180,000 in gambling debt. [embedded content] The Perry woman is married and has two children who now know of her struggles with a gambling addiction. She said she didnt tell her husband about her problem until several months into recovery. She broke the…
Udacity, the $1 billion online education startup, has laid off about 20 percent of its workforce and is restructuring its operations as the companys co-founder Sebastian Thrun seeks to bring costs in line with revenue without curbing growth, TechCrunch has learned. The objective is to do more than simply keep the company afloat, Thrun told…
Nearly eight years into addiction recovery, Nicole Zoellner is still paying off $180,000 in gambling debt. [embedded content] The Perry woman is married and has two children who now know of her struggles with a gambling addiction. She said she didnt tell her husband about her problem until several months into recovery. She broke the…
Operations Continuing Without Interruption Receives Court Approval of First Day Motions to Support Normal Business Operations Granted Interim Approval to Pay All Vendors and Suppliers in Full Granted Interim Approval to Access up to $85 Million of DIP Financing DALLAS, Texas, April 09, 2019 (GLOBE NEWSWIRE) — Southcross Energy Partners, L.P.(OTC: SXEEQ)(Southcross or the Company)…
The Central Bank of Montenegro (CBCG) has declared Montenegrin bank Atlas Banka bankrupt and has started insolvency proceedings. On April 7, CBCG representatives said that the bankruptcy leaves 90 per cent of Atlas Banka employees out of work, adding that the total deposits in the bank amount to 189 million euros. Individual deposits of up…
April 9 (Renewables Now) – German wind turbine maker Senvion SA (ETR:SEN) is officially entering preliminary self-administered insolvency proceedings as refinancing talks have so far provenunsuccessful. The company announced on Tuesday that Senvion GmbH has filed for self-administration proceedings to safeguard the transformation programme it launched in January. The proceedings also relate to subsidiary Senvion…
FRANKFURT (Reuters) – A German court on Tuesday approved an application for insolvency from wind turbine manufacturer Senvion, although the company said it was also continuing to look at new funding options and various potential investors had shown interest. The Hamburg-based company, which has more than a billion euros of debt, said it had applied…
Greenwood Village-based Empower Retirement, the nations second largest administrator of retirement plans, is rolling out a program to make it easier for employers to provide what is becoming an increasingly popular benefit with younger workers student loan assistance. Under the new offering, provided in conjunction with CommonBond Inc., a student loan payment platform, employers can…
(Adds details) FRANKFURT, April 9 (Reuters) – Indebted German wind turbine manufacturer Senvion said on Tuesday it was filing for insolvency but was also continuing to look at new funding options and various potential investors had shown interest. The Hamburg-based company, which has more than a billion euros of debt, said it had applied for…
Senvion GmbH has filed for self-administered restructuring proceedings after refinancing discussions with lenders have so far not come to a positive conclusion. These preliminary self-administration proceedings relate to Senvion GmbH as well as its subsidiary Senvion Deutschland GmbH. The objective of the proceedings is to allow Senvion to proceed with the transformation process that was…