HOUSTON–(BUSINESS WIRE)–Grant Thornton LLP is expanding its restructuring-services offerings for oil and gas by hiring Loretta Cross and John Baumgartner. Based in Houston, Cross and Baumgartner join as managing directors who will be part of the firms Strategy and Transactions practice. Loretta and John possess tremendous restructuring experience with deep roots in the oil and…
Citi is an advertising partner. For consumers with high-interest debt to pay down, zero-interest debt consolidation can make a ton of sense. After all, a balance transfer credit card that gives you zero interest for a year or longer lets you chip away at your debt without any of your payments going toward interest charges.…
Veterans facing economic hardship during the COVID-19 pandemic will soon see extended debt relief options from VA. By extending debt relief through Sept. 30, VA reaffirms its commitment to helping Veterans getting through these hard times. VA willcontinue suspensionof collection on all Veteran benefit overpayments and medical copayment debts incurred after April 1, 2020. VA…
The government announced it intends to extend the power (granted through the Corporate Governance and Insolvency Act) to make temporary amendments or modify the effects of corporate insolvency and governance legislation for an additional year until April 2022. The government laid the regulations on 11 February 2021 in Parliament ahead of the power expiring on…
In 2020, several significant judicial decisions were rendered across Canada relevant to commercial lenders, businesses and restructuring professionals. This bulletin summarizes the core issues of importance in each case and provides status updates on the cases reported on in our January 2020 bulletin, Key Developments in Canadian Insolvency Case Law in 2019. CHARACTERIZATION AND TREATMENT…
News LBV Hub Legal Services Farleys Solicitors North West law firm Farleys Solicitors have launched a free personal insolvency advice line as a response to the sharp rise in number of bankruptcies and IVAs in the last three months of 2020 as the Covid-19 pandemic continues to affect vast numbers of individuals and their finances,…
Liquor World (Scotland) Ltd was wound up in the public interest on 11 February 2021 by order of Lord Clark in the Court of Session. Julie Tait and Stuart Preston of Grant Thornton UK LLP have been appointed joint interim liquidators of the company. The company, which appeared to have traded as a retailer and…
A representative of some of the largest companies in the Australian online gambling sector shared that local punters should not be prevented from going into debt to bet. The remark made by Brent Jackson, CEO of Responsible Wagering Australia (RWA) follows Andrew Wallace MPs call for stricter measures to be taken when it comes to…
February 17, 2021 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMFs Executive Board. This mission will not result in a Board discussion.…
Business 18 Feb, 2021 02:49 AM 3 minutes to read The developer behind one of New Zealand’s biggest apartment jobs has put the company into voluntary administration, saying not all creditors will be paid. Gary Groves engaged Dominion Constructors to convert the ex-Fonterra headquarters at 9 Princes St in Auckland’s CBD into luxury apartments in…