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Daily Archives: April 16, 2019

Hyflux sues SM Investments over aborted bailout – IG

RestructuringBy Insolvency GuardianApril 16, 2019

Water treatment firm Hyflux has filed a lawsuit against Indonesias SM Investments in the Singapore High Court, saying that the investor has repudiated on the rescue deal. The lawsuit was also filed to claim the S$38.9 million deposit. The lawsuit follows after Hyflux called off the rescue deal from SM Investments earlier this month on…

Insolvencies highlight credit insurance benefits – Queensland Country Life

BankruptcyBy Insolvency GuardianApril 16, 2019

FARMERS in Australia operate in a highly variable environment, and agriculture is considered the most volatile sector in the Australian economy. In fact, the volatility of the agricultural industry is nearly double that of any other industry in the country. With variability and volatility comes risk. Unfortunately, in life, there is rarely a reward without…

Law professors help Puerto Rico address debt, aim to alleviate financial pressures – Daily Bruin

Debt HelpBy Insolvency GuardianApril 16, 2019

Two UCLA law professors helped broker a deal that will bring financial relief to Puerto Rico. Law professors Kenneth Klee and Daniel Bussel have been working on restructuring Puerto Ricos debt since 2017 and finalized the deal in February. Puerto Rico had accumulated $72 billion in aggregate debt as of 2016, Bussel said. Klee said…

Recent insolvencies highlight the benefits of credit insurance – Grain Central

BankruptcyBy Insolvency GuardianApril 16, 2019

Grain Brokers Australia, April 16, 2019 FARMERS in Australia operate in a highly variable environment, and agriculture is considered the most volatile sector in the Australian economy. In fact, the volatility of the agricultural industry is nearly double that of any other industry in the country. With variability and volatility comes risk. Unfortunately, in life,…

Insolvencies highlight credit insurance benefits – Queensland Country Life

BankruptcyBy Insolvency GuardianApril 16, 2019

FARMERS in Australia operate in a highly variable environment, and agriculture is considered the most volatile sector in the Australian economy. In fact, the volatility of the agricultural industry is nearly double that of any other industry in the country. With variability and volatility comes risk. Unfortunately, in life, there is rarely a reward without…

Sizmeks Bankruptcy Is Changing How The Supply Side Manages DSP Debts – AdExchanger

BankruptcyBy Insolvency GuardianApril 16, 2019

One of the most pressing concerns from Sizmeks bankruptcy comes from SSPs, which must reconsider how they think about risk and credit with their longtime partners. Brands and agencies often pay DSPs on 90-day or even 120-day cycles. But DSPs pay SSPs between 30 to 60 days. Theres a separate contract between…

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