January 20, 2021 - Insolvency Guardian

Europcar Mobility Group in a Position to Finalize Its Financial Restructuring Plan and Accelerate Its Strategic Plan “Connect”, Thus Opening a New Chapter in the Group’s History – Business Wire

RestructuringBy Insolvency Guardian January 20, 2021

PARIS–(BUSINESS WIRE)–Regulatory News: Europcar Mobility Groups (Paris:EUCAR) Extraordinary General Meeting was held on January 20, 2021 under the chairmanship of Mr. Jean-Paul Bailly, Chairman of the Supervisory Board. A quorum of 37,25% was reached. In light of the COVID-19 epidemic and in accordance with Order No. 2020 – 1497 of December 2, 2020, the Extraordinary…

Extraction Oil & Gas Completes Financial Restructuring – GlobeNewswire

RestructuringBy Insolvency Guardian January 20, 2021

January 20, 2021 14:27 ET | Source: Extraction Oil & Gas, Inc. Company Achieves $1.3 Billion Reduction in Funded Debt and Preferred Equity; Names New Board and Leadership; Commences Trading on NASDAQ Under XOG on January 20, 2021 Extraction to embrace new E&P business and governance model DENVER, Jan. 20, 2021 (GLOBE NEWSWIRE) — Extraction…

President Biden Will Suspend Federal Student Loan Payments. Here Are All His Plans for Student Debt Relief – NextAdvisor

Debt HelpBy Insolvency Guardian January 20, 2021

Editorial Independence We want to help you make more informed decisions. Some links on this page clearly marked may take you to a partner website and may result in us earning a referral commission. For more information, see How We Make Money. President Biden will take immediate action on student loan debt, extending the freeze…

CuraDebt Review – Investopedia

Debt HelpBy Insolvency Guardian January 20, 2021

Like many other companies that advertise debt relief services, CuraDebt uses a process known as debt settlement to help consumers get out of debt for less than their current balances. This process asks customers to stop making payments on unsecured debts they owe, and to instead begin saving a set amount of money in a…

American Debt Relief Review – Investopedia

Debt HelpBy Insolvency Guardian January 20, 2021

American Debt Relief uses a process known as debt settlement to help consumers erase debt after paying a fraction of what they owe. After talking with a debt consultant during a free debt assessment, customers are asked to begin saving a set amount of money in a dedicated savings account each month. Once the required…

Fast Track Debt Relief Review – Investopedia

Debt HelpBy Insolvency Guardian January 20, 2021

Fast Track Debt Relief is not one of the top-rated life debt relief companies we profiled in our internal study. You can review our list of the best debt relief companies to learn which firms ranked the highest. Fast Track Debt Relief is unique in the fact that they offer more than one potential debt…

UK insolvencies hit pre-pandemic highs – Accountancy Age

BankruptcyBy Insolvency Guardian January 20, 2021

For the first time since lockdown measures were introduced, monthly insolvency filings were higher in 2020 than the same month a year before. The Insolvency Service reported 1,228 registered company insolvencies in December 2020 with the bulk of those being creditors voluntary liquidations (CVL). Duncan Swift, past president at R3 says given the general mood…

Kamini Metalliks to take over VBC – Times of India

BankruptcyBy Insolvency Guardian January 20, 2021

Hyderabad: The VBC Industries which was declared insolvent earlier will now be taken over by Kamini Metalliks company for a price of Rs 98 crore.A bench of national company law tribunal (NCLT) comprising K Anantha Padmanabha Swamy, member (judicial), and Dr Binod Kumar Sinha, member (technical) approved the resolution plan filed by Kamini Metalliks through…

Donald Trump grants clemency to legendary Las Vegas gambler Billy Walters – Baltimore Sun

GamblingBy Insolvency Guardian January 20, 2021

Famed sports gambler Billy Walters was among the 143 people to which outgoing President Donald Trump granted clemency in his final day in office. Walters was among the 70 people who were commuted, meaning the crime isnt wiped from his record but his required time served is being reduced. Advertisement Walters was convicted in 2017…

Malaysia Aviation Group moves forward in its restructuring exercise – The Star Online

RestructuringBy Insolvency Guardian January 20, 2021

KUALA LUMPUR: Malaysia Aviation Group (MAG), the parent company of Malaysia Airlines, has successfully obtained the approval from the UK Court to proceed with a major component of the comprehensive restructuring of the group. That court decision was a major milestone towards securing the airline’s future following the severe impact of the Covid-19 pandemic on…

Daily Archives: January 20, 2021