WASHINGTON U.S. Rep. John Katko has joined with some ideological foes Elizabeth Warren and Jerrold Nadler to help some of the 44 million Americans trying to repay $1.5 trillion in student loan debt. The Democrats and Katko, R-Camillus, introduced a bill Thursday that would give borrowers who declare bankruptcy the option of having their student…
Adelaide Friday May 10, 2019 Call for city councillors to declare developer contact End of coal era with sale of Port Augusta power plant site Cunning Little Vixen brings to life an enchanted forest Like a fine wine Inside the other May election that will help shape the future EXCLUSIVE | An accused phoenix dev……
U.S. database giant Oracle Corp. is downsizing its China-based research and development (R&D) team with hundreds of job cuts as the company seeks to reposition its business and expand further into cloud computing. Oracle announced a restructuring plan focusing on its China R&D operation on a company conference call Tuesday. The plan will involve job…
A UK government review published on the 9th May has recommended Britain sets up a Flight Protection Scheme. The scheme would see all air passengers paying a 50p levy to finance their repatriation should their airline go bust. The Flight Protection Scheme would get you home if your airline goes bust. Photo: Pxhere Air passengers…
TORONTO The union representing staff at CTV News says restructuring announced today has impacted jobs at stations in at leastfive provinces, and will result in a net reduction of staffing. Unifor says the stations affected by restructuring include the CTV1 stations in Alberta, Saskatchewan, Manitoba, Ontario and Quebec. The union, which represents local television staff…
The Insolvency and Bankruptcy Board of India (IBBI) proposes to make the legal regime around withdrawal of resolution applications under the Insolvency and Bankruptcy Code (IBC) more practical. This, in turn, will give the original promoters a wider opportunity to seek resolution outside the IBC process and thereby gain back control of their companies. Plans…
Defence lawyers sought on Thursday to poke holes in an expert witnesss conclusion that Sean Dunne was effectively insolvent as of late 2007. This is the fourth day of the once-high-flying property developers American civil trial. The plaintiffs claim that Mr Dunne was insolvent by the late 2000s is key to proving his allegation that…
NEW YORK, May 09, 2019 (GLOBE NEWSWIRE) — New York REIT Liquidating LLC (the Company or the LLC), which was formed to complete the liquidation of the assets previously held by New York REIT, Inc., announced today it has filed its Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. All per…
Debenhams has won emphatic approval from its creditors for its rescue restructure plan, that will close at least 22 stores and force through rent cuts on many others. Landlords and other creditors, such as clothing suppliers, approved the closures which form part of two company voluntary arrangement (CVA) deals Debenhams new owners have said are…
Image copyright Getty Images Image caption Craig Hughes, from Luton, removed three coaches without the permission of liquidators in August 2017 A coach company boss who hid three coaches from liquidators has been banned from promoting, forming or managing a company for nine years. Craig Hughes, 27, from Luton, was director of HL Tours, a…