Flower One Announces the Completion of its Restructuring Transaction – Business Wire

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…

ACCC to crack down on dodgy debt collectors targeting SMEs – SmartCompany.com.au

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…

A bankrupt cooperative from Alicante and its subsidiary owe its 175 workers 4,000,000 – FreshPlaza.com

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…

No surge in business failures at height of the pandemic, but that’s changing – Crikey

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…