TAP uncertainty: Portuguese State will become sole shareholder by end of 2021 – Portugal Resident

Despite all assertions to the contrary, the Portuguese government insists debt-ridden airline TAP is absolutely strategic and must be saved at all costs. These are likely to run to around 3 billion, the spending of which has been held up by Brussels doubts in all directions. The European Commission isnt simply concerned over the Ryanair…

Rep. Tlaib Introduces Utility Debt Cancellation Bill – Food & Water Watch – Food and Water Watch

Clean Water WASHINGTON, DC Today, Rep. Rashida Tlaib (D-MI) introduced the Maintaining Access to Essential Services Act, which would provide nearly $40 billion to help wipe away household water, power and broadband debt across the country. With the Delta variant prompting a new COVID surge, this relief is more urgent than ever to stop mounting…

Insolvency And Bankruptcy Code (Amendment) Bill, 2021 Passes In Rajya Sabha: Here Are The Key Highlights – Yahoo India News

Rajya Sabha has passed the Insolvency and Bankruptcy Code (IBC) Amendment Bill, 2021. Here are four key highlights of the amendment. The Rajya Sabha passed the amendment to the Insolvency and Bankruptcy Code (IBC), 2016 targeted towards simplification of insolvency procedure for micro, small and medium enterprises (MSMEs). This follows the repeal of the same…

Business Protection Measures Fail To Stop Sharp Rise In Corporate Insolvencies Through Second Quarter Of 2021 – Bdaily

Member Article Government support for businesses during the pandemic has failed to prevent a significant rise in corporate insolvencies across England and Wales through the second quarter of the year – but it has still provided an essential lifeline for many struggling firms and stopped the situation being much worse. Thats the view of Alexandra…

Report: Terence Loh declared bankrupt, 11 months after Newcastle takeover attempt – Geordie Boot Boys – Newcastle United F.C. News

Terence Loh, who allegedly tried to complete a takeover of Newcastle last year, has been declared bankrupt according to a report. 2020 was a wild time for the never-ending Newcastle takeover saga, with not just Amanda Staveley seemingly trying to complete a deal. In April last year, PCP Capital Partners agreed a deal to buy…