Learfield IMG College, the multimedia business that owns broadcast rights for many of the countrys leading collegiate sports programs, is preparing for a possible financial restructuring as the coronavirus pandemic curtails athletics nationwide, according to people familiar with the matter. The company has tapped law firm King & Spalding LLP for advice on renegotiating its…
Divorce, like any big life event, can impact both partners’ finances. In 2015, freelance writerMiranda Marquitwalked away from her divorce with a little bit more than $15,000 in joint debt. She made smallautomatic paymentson the accounts for the first couple of years, but in 2018 she decided to become serious about getting rid of it.…
Just days after their Belgian counterparts, the Dutch constituents of FNG have also been declared bankrupt. According to the fashion group, its chains like Miss Etam, Expresso and Claudia Strter will stand a better chance of a second life this way. Several candidates When the Belgian branches filed for bankruptcy, the Dutch chains settled for…
The transaction is being arranged through a pre-packaged administration sale of certain UK Travelex entities. Travelex, the airport foreign currency specialist, said it will complete its debt restructuring later today but more than 1,300 jobs will be lost in the process. The transaction will see a new Travelex group established with debts reduced to 160mln…
A home loans company that previously operated in Townsville is being liquidated with creditors expected to be paid in full. Platinum Business Services Pty Ltd, trading as Townsville Home Loans, was placed in liquidation in May through a creditor’s voluntary winding up application. Liquidators in the central Queensland division of Worrells Solvency & Forensic Accountants…
Crown prosecutor Raelene Sharp opposed bail, arguing the possible risk of flight and interference with witnesses. She told the court Mr Alex, a declared bankrupt, has allegedly run businesses using a wide network of people to operate companies “on his behalf … from a paper perspective.” His access to such networks pointed to “means and…
A home loans company that previously operated in Townsville is being liquidated with creditors expected to be paid in full. Platinum Business Services Pty Ltd, trading as Townsville Home Loans, was placed in liquidation in May through a creditor’s voluntary winding up application. Liquidators in the central Queensland division of Worrells Solvency & Forensic Accountants…