LAS VEGAS & TORONTO–(BUSINESS WIRE)–Flower One Holdings Inc. (“Flower One” or the “Company”) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), a leading cannabis cultivator and producer in Nevada, is pleased to announce today that (i) following its press release dated April 14, 2021, the Company has completed its restructuring transaction with its 9.5% unsecured debentures due…
19th April 2021 By Vicky ShawDebt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year. A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started. Rachel Springall, a finance expert at…
Raedium Digital, an email agency based in Melbourne, Australia, has closed its doors, owing AUS $2 million, according to Mumbrella. The company, which went into voluntary liquidation late last month, had only AUS $97 in the bank. Creditors have been trying to collect for months, Mumbrella reports. There are 50 Read the full article at:…
SUPPLIED Sectors such as retail have been hit particularly hard by Covid-19 and successive lockdowns. Many economists predicted a plummet post Covid-19. But the softening effect of government subsidies, quantitative easing, and mortgage holidays saw many New Zealand businesses come out of 2020 relatively unscathed. A year on, there are storm clouds on the horizon.…
Debt can seem like an overwhelming burden, and some peoples problems with debt have grown much bigger over the past year. A recent survey by VoucherCodes.co.uk found on average, the 25-34-year-olds they polled had worked up 2,673-worth of debt since the pandemic lockdowns started. Rachel Springall, a finance expert at Moneyfacts.co.uk, says some people who…
ACCC chair Rod Sims. Debt collectors misleading or harassing small businesses will be closely monitored by the consumer watchdog, amid growing concern of a spike in unfair debt collection practices now that COVID-19 support measures have ended. The Australian Competition and Consumer Commission (ACCC) is concerned that the end of both JobKeeper in March and…
According to the reports sent to the commercial court number 2 of Alicante by the bankruptcy administrator of the Agricultural Cooperative of Altea, which started its insolvency procedures on February 13, 2020, and was declared bankrupt on February 11, 2021, the cooperative and its Villaranja subsidiary have debt amounting to 28 million euro, 4 million…
Tweaks to insolvency rules during the COVID-19 pandemic produced a strange phenomenon a recession without soaring company wind-up numbers. That’s all set to change. (Image: AAP/Private Media) Among the many good pieces of policy introduced during the pandemic was a very accommodating set of rules around insolvencies. It was very difficult indeed for a company…