Investor files liquidation petition in China against Evergrande unit – Reuters
Investor files liquidation petition in China against Evergrande unit Reuters Read the original article here
7 tips to help dig your way out of debt – Times Daily
7 tips to help dig your way out of debt Times Daily Read the original article here
It’s more than shrimp: What led to Red Lobster’s bankruptcy
Red Lobster declared bankruptcy Monday — punctuating a five-year chapter marked by traffic declines, inconsistent sales and dwindling cash. The restructure will result in a leaner company, smaller menu and better capital structure, per a plan laid out in a court filing by CEO Jonathan Tibus. The restaurant chain, which was established in 1968, has long…
Albany flights safe from Rex Airlines’ financial woes – Albany Advertiser
Albany flights safe from Rex Airlines’ financial woes Albany Advertiser Read the original article here
Chinese national held captive in vehicle over unsettled gambling debts
Immigration police rescue Mr. Fu from a pickup truck where he was held captive for failing to pay the gambling debts of his clients. PATTAYA, Thailand – Immigration Police rescued a Chinese national held captive inside a white pickup truck parked outside a Chinese restaurant on Pattaya Second Road on June 27. Mr. Fu, 32,…
If a Crypto Exchange Goes Bankrupt, What Happens?
Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Several crypto platforms have filed for bankruptcy in 2022…
NCLT Approves Insolvency Proceedings Against CCD's Parent Company Due To Rs 228 Cr Default – BW Businessworld
NCLT Approves Insolvency Proceedings Against CCD’s Parent Company Due To Rs 228 Cr Default BW Businessworld Read the original article here
Debt-management startup Tally shutting down – San Francisco Examiner
Debt-management startup Tally shutting down San Francisco Examiner Read the original article here
Supreme Court Stays NCLAT Order Allowing Settlement
The Supreme Court today (August 14) stayed the NCLAT order which closed the insolvency proceedings initiated by the Board of Controllers of Cricket in India (BCCI) against ed-tech firm BYJU’s over the dues of Rs. 158 Crores based on a settlement between the parties. The bench led by CJI DY Chandrachud comprising Justices JB Pardiwala…
Construction company Adelaide Designer Homes collapses leaving houses unfinished
The company’s collapse has left more than 80 creditors unsure if they will recoup their losses. “We wrote to homeowners yesterday and basically handed back the sites, telling them the company can’t continue,” liquidator Anna Agostino told 9News. South Australian home builder Adelaide Designer Homes has entered liquidation, leaving 20 houses unfinished. (Nine) “With a…