Rex Airlines enters voluntary administration – Illawarra Mercury
Rex Airlines enters voluntary administration Illawarra Mercury Read the original article here
IAPDA Announces Merger with PFE to Strengthen Debt Relief Industry
LONG BEACH, Calif.–(BUSINESS WIRE)–We are thrilled to announce a major development at IAPDA that marks a significant step forward in our mission to unite and strengthen the debt relief industry. IAPDA, the leading certification and accreditation company in the debt relief sector, is proud to announce that PFE, the esteemed certification and accreditation resource for…
Fisker declares bankruptcy in Austria, production has stopped
There’s a growing sense Fisker is circling the drain, with the automaker’s Austrian division filing for bankruptcy protection overnight. In a statement Fisker said its Austrian arm has “voluntarily filed to open a restructuring proceeding via self-administration”. Business publications suggest this period of self-administration is similar to Chapter 11 bankruptcy protection in the US. The…
Restoring the economy: The role of the new corporate insolvency and restructuring law
By Felix ADDO, President of the Ghana Restructuring and Insolvency Advisors This is a summarized article of that published in the national insolvency journal, Corporate Insolvency and Restructuring Journal. “Restructuring” has become a household word in Ghana these days and for good reason. Most informed readers are aware of the current economic crisis facing the…
Shohei Ohtani says he never participated in any sports gambling and accuses interpreter of ‘stealing money’
CNN — Faced with growing attention over a theft and gambling scandal, baseball superstar Shohei Ohtani on Monday adamantly denied betting on any sport or paying a bookie and placed the blame for the improprieties squarely on his former interpreter who the twice MVP alleged was stealing money from his account. Ohtani, who during the…
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Cubitt’s Granny Flats collapses into liquidation owing $5.7m
A building company that straddled two different states and territories has collapsed, leading to a “domino effect” impacting 130 projects and 80 staff members. On Friday, creditors voted to place Cubitt’s Granny Flats and Home Extensions into liquidation. The builder worked in both NSW and the ACT and been in business for 30 years. News.com.au…
Australian federal Labor government budget includes paltry student debt “relief”
In Tuesday’s budget, the federal Labor government included a so-called “wipe out” of $3 billion dollars of university student debt to counter inflation which has seen loan repayments balloon in recent years. But the “relief” is a tiny fraction of the crippling debts incurred by university students amid the worst cost-of-living crisis in a generation.…
Dutch retail chain Handyman declares bankruptcy in The Hague – The Brussels Times
Dutch retail chain Handyman declares bankruptcy in The Hague The Brussels Times Read the original article here
Rex Airlines enters voluntary administration – The Canberra Times
Rex Airlines enters voluntary administration The Canberra Times Read the original article here