September 30, 2020 14:06 ET | Source: Novelion Therapeutics, Inc. VANCOUVER, British Columbia, Sept. 30, 2020 (GLOBE NEWSWIRE) — Novelion Therapeutics Inc. (Novelion or the Company) by Alvarez & Marsal Canada Inc., Novelions court appointed liquidator (the Liquidator) today provides an update on the Companys voluntary liquidation process (the Liquidation) that started on January 16,…
Dive Brief: Ruby Tuesday instructed Regions Bank to stop paying pensions to at least 112 retirees as of July 21, only to declare insolvency on Sept. 2, according to documents obtained by Business Insider.The agreement between Regions and Ruby Tuesday shows that the chain needed to let the bank know of its insolvency prior to…
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Reading Time: 3 minutes GamCare has launched a new toolkit for financial institutions, gambling businesses and debt advice agencies across the UK to offer further support for customers experiencing gambling-related harms. The toolkit contains core customer messaging, referral pathway guidelines tailored to each sector, and guidance on training staff to give them the confidence to…
Estate Agent Hsin Lan Huang (37), from Hammersmith, West London, has been banned for seven years, while convenience store boss Pratikkumar Dineshbhai Patel (32), from Knowle, Hampshire, is disqualified for six years. The pair are now banned from acting as directors or directly or indirectly becoming involved, without the permission of the court, in the…
It was just a few weeks ago that Scott Morrison put his team in “election mode”. There should be no doubt that Morrison hopes that the budget, to be brought down next Tuesday, will carry them through to an election next year. Given the considerable uncertainty about whether the virus can be effectively contained to…
By Marc Jones LONDON (Reuters) – The world’s poorest countries could soon be facing a tough decision — double up on debt relief from the G20 with the caveat they must default on private creditors, or quit the programme to try to keep financial markets on side. Rich countries on Friday backed an extension of…
Photo: Shutterstock With so much economic strife and uncertainy on our doorstep, many HR leaders will have to take a deep breath and confront the difficult issues of company insolvency and administration. Raoul Parekh and Ben Smith, offer guidance These are difficult times for businesses in almost every sector, and sadly a rise in insolvencies…