Throughout the coronavirus crisis, CBS is providing weekly updates on the number of bankruptcies pronounced by Dutch courts. The weekly updates are normally released on Thursdays at 12.00 p.m. Not including sole proprietorships, there were 46 bankruptcies in week 47, 14 more than in week 46. In addition, 9 sole proprietorships were declared bankrupt, 1…
By Reuters Staff 1 Min Read Nov 26 (Reuters) – Bodycote Plc said on Thursday it would carry out another restructuring, similar to the one in the first half that included more than 900 job cuts, as it expects the civil aerospace market to remain weak for at least the next 18 months. The heat…
Supreme Court had dismissed SBI’s plea seeking resumption of insolvency proceedings against Anil Ambani New Delhi: The Supreme Court Wednesday said it will pass orders on a batch of pleas filed by Insolvency and Bankruptcy Board of India (IBBI) seeking the transfer of all petitions pending before different high courts challenging the provisions of Insolvency…
For almost 15 years, Trygve “Spike” Magelssen says he faithfully paid down his student loans each month, slowly chipping away at the original debt of $53,000, even as medical bills, a home improvement loan and other costs left him “financially up against a wall.” Then in late 2018, Magelssen, an associate professor of electrical technology…
Phone and internet customers say they are being disconnected, harassed by debt collectors and generally treated harshly by their telco providers when they need help, negatively impacting mental health. Key points: The Consumer Action Law Centre has released a report detailing the failures of telco providers to help customers with mounting debt One woman said…