Prolink NZ has been under investigation by Immigration NZ for more than a year. Photo: RNZ / Lucy Xia An Auckland-based labour hire company at the centre of a migrant exploitation investigation is in liquidation, and 190 workers – mostly migrants on work visas – are set to lose their jobs. Prolink NZ was under…
WAYNE COUNTY, Mich. – The Wayne County Department of Health, Human, and Veteran Services announced that $27 million in outstanding medical debt is being erased for more than 46,000 residents. This debt relief is possible due to a partnership between the county and the nonprofit Undue Medical Debt. “Since we first announced this new program…
Hyatt Affiliated Lindner Hotels Has Filed For Bankruptcy Insolvency LoyaltyLobby Read the original article here
The logo of the mechanical engineering company Manz at its headquarters in Reutlingen. Bernd Weißbrod/dpa German multinational machinery maker Manz announced from its Reutlingen headquarters on Wednesday that it is to apply for insolvency. The company’s executive board took the decision on account of inability to pay its bills and high debts. The application is…
Germany’s Manz machine maker to apply for insolvency MSN Read the original article here
The Court of Appeal’s decision will be particularly significant for companies, creditors and their advisers faced with putting together and seeking support for restructuring plans (“RPs”) (under the Part 26A court procedure introduced into the Companies Act 2006 by the Corporate Insolvency and Governance Act 2020), especially where an attempt is made to cram down…
Reserve Bank of India (RBI) Deputy Governor M. Rajeshwar Rao emphasized the need for significant improvements in the functioning of the Committee of Creditors (CoC) within the Corporate Insolvency Resolution Process (CIRP). Addressing a gathering at the International Conclave jointly organized by the Insolvency and Bankruptcy Board of India (IBBI) and INSOL India, Rao highlighted…
R3 responds to November 2024 insolvency statistics NationalWorld Read the original article here