By Padraig Collins For Daily Mail Australia Published: 10:38 AEST, 17 July 2024 | Updated: 10:38 AEST, 17 July 2024 An Australian brewery has gone into voluntary administration as the cost-of-living crisis claims another venue. Lotus Beer Co, w… Read the full article at: https://www.dailymail.co.uk/news/article-13641311/Lotus-beer-administration.html
Key takeaways Nonprofit debt consolidation can make debt payments more manageable by reducing the number of bills you need to pay. Unlike traditional debt consolidation, where borrowers pay off existing debts with a new loan, nonprofit debt consolidation relies on a debt management plan that works with your existing debts. You may want to try…
The major downside to cryptocurrency is the risk of loss, which is even more difficult to manage when a crypto exchange is holding your keys. In July 2022, two major crypto trading platforms, Voyager and Celsius, declared bankruptcy. In November 2022, crypto exchange FTX suffered a major liquidity crisis and filed for Chapter 11. FTX…
Katie Price is no stranger to being honest about the tough times in her personal life over the years, from bankruptcy, to relationship woes and depression. Now, in her brand new memoir This Is Me: The high life. The dark times. The FULL story, the 46-year-old got even more candid about her past, present, and…
Senior counsel K Vivek Reddy, representing ICICI, referenced a London court judgment from October of the previous year to support the insolvency proceedings against GVKPIL. 3 min read Last Updated : Jul 16 2024 | 11:43 PM IST GVK Power and Infrastructure Ltd (GVKPIL) will face insolvency proceedings for failure to pay loans to lenders,…
If you’re struggling to pay off what you owe, there are affordable ways to get rid of your credit card debt. Getty Images/iStockphoto Thanks to high inflation and the rising costs of many goods and services, credit card usage has jumped recently. And while cards can make it easier to stay afloat during challenging financial…
An award-winning Aussie brewer has gone into voluntary administration, leavings its owners devastated but hopeful the business can continue. Lotus Beer Co, which runs Valhalla Brewing in Geelong, has become the latest craft beer brand to collapse amid significant challenges for the industry. An ASIC notice published on Monday states that administrators have appointed Worrells…
There are millions of people in the UK who are struggling with debt. You are not alone. There is no need to feel embarrassed or think there is nowhere to turn. The important thing is that you do something to improve the situation you are in. The information in this section will help you manage…
In a society that normalizes debt, most people have multiple repayment responsibilities every month: credit cards, mortgages, car loans, student loans, lines of credit and personal loans. Personal finance isn’t widely taught in schools, but managing your money is an essential life skill. Spreadsheets and apps are helpful as tools to add inputs but often fall…
Courts in Hong Kong generally a creditor-friendly jurisdiction may wind up local companies and, if certain conditions are met, foreign companies incorporated in other jurisdictions. Hong Kong has no statutory corporate rescue regime similar to the UK administration regime and the US chapter 11 debtor-in-possession regime. Howard LamPartnerLatham & WatkinsHong KongTel: +852 2912 2570Email: [email protected]…