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Daily Archives: January 15, 2021

GVP board urges ACG to end long-running dispute and vote for liquidation – Investment Week

LiquidationBy Insolvency GuardianJanuary 15, 2021

The GVP board hopes ACG will vote in favour of liquidation Associated Capital Group (ACG) has been urged to back a proposed members’ voluntary liquidation resolution by the board of Gabelli Value Plus+ Trust (GVP), as it looks to end a long-running dispute between shareholders. The GVP board said it would shortly publish a circular…

An Update on Australian Fashion Labels – Power Retail

LiquidationBy Insolvency GuardianJanuary 15, 2021

Australian Fashion Labels has failed to pique the interest of a buyer, resulting in an unsuccessful sale of the entire business. Australian Fashion Labels is a retailer that houses the labels Finders Keepers, Keepsake, The Fifth Label and C/MEO. Last week the retailer filed for voluntary administration, and currently owes approximately $11 million to three…

Exclusive: AirAsia X shows court creditors’ support for restructuring plan – Reuters

RestructuringBy Insolvency GuardianJanuary 15, 2021

By Liz Lee 4 Min Read KUALA LUMPUR (Reuters) – Most of AirAsia X Bhds (AAX) lessors support a restructuring plan, and the Malaysian airline has received interest from potential investors for fundraising after reorganization, court documents filed this month show. FILE PHOTO: An AirAsia X Airbus A340 passenger jet arrives on its inaugural flight…

Here are the 5 best loans for refinancing credit card debt – CNBC

Debt HelpBy Insolvency GuardianJanuary 15, 2021

MichaelSvoboda | E+ | Getty Images Loans CNBC Select rounded up the top personal loans to help you dig out of debt, looking at fees, interest rates and flexible repayment options for different credit scores. Updated Thu, Jan 14 2021 ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Read the…

New guide to help Yorkshire consumers who are worried about debts – Yorkshire Evening Post

BankruptcyBy Insolvency GuardianJanuary 15, 2021

Eleanor Temple The document, Dealing with money worries a guide to your options, provides an overview of the potential solutions available to those who are worried about their personal finances. Weve developed this document to provide individuals with all of the information they might need about the various options they can access and to make…

KBO rocked by latest gambling scandal – Yonhap News

GamblingBy Insolvency GuardianJanuary 15, 2021

By Yoo Jee-ho SEOUL, Jan. 15 (Yonhap) — About two weeks before the start of spring training across the league, the Korea Baseball Organization (KBO) has been rocked by its latest gambling scandal. The Doosan Bears on Tuesday asked the KBO to place two of their minor leaguers, pitcher Jeong Hyun-wook and catcher Kwon Ki-young,…

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