Company goes bust with millions in debt – The Australian
Company goes bust with millions in debt The Australian Read the original article here
Multiple buyers interested in Auckland’s liquidated Vivace Restaurant
At the time of liquidation, the business had four shareholders, Mandy and Antony Lusk, Eugene Gibson, and Danny Phipps. The business is in arrears with its landlord and the Inland Revenue Department. There are 63 businesses listed as known creditors, including many suppliers of the restaurant. AdvertisementAdvertise with NZME. Creditors include Spark, Mercury Energy, Nova…
Arizonans with medical debt could soon see some credit relief
A new federal rule bans medical debt from showing up on credit reports. Here’s why that will help Arizonans facing medical debt challenges. PHOENIX — Thirteen hundred dollars. That’s the median medical debt in collections in Arizona, according to the Urban Institute’s latest data. “This can happen to anyone,” Kaylan Fodor, political coordinator at Healthcare…
Kaiju! Beer enters voluntary administration
The new year has not got off to a great start for Australia’s craft brewing industry, with the news that South East Brewing Company, trading as Kaiju! Beer, has appointed DBA Reconstruction and Advisory as voluntary administrators to assist in a financial restructuring of the business. The company will continue operating as usual during this…
Galaxy Gaming® Announces Successful Completion of Debt
Reduced Total Outstanding Debt by $12.6 Million Lowered Interest Rates and Extended Maturities Achieved Approximately $2.8 Million in Annual Interest Savings LAS VEGAS, Jan. 08, 2025 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (OTC: GLXZ) today announced it successfully completed the refinancing of its outstanding debt, including (i) closing a five-year $45 million secured term loan…
Why Does Debt Matter for Sustainable Development and Climate Action?
At the 29th UN Climate Change Conference (COP 29), developed nations agreed to increase financial support for developing countries by committing to mobilize USD 300 billion annually by 2035 to support climate action in the Global South. The total financing needs of emerging markets and developing economies (EMDE) go beyond this goal: USD 700 billion…
Ways to tackle credit card debt
(InvestigateTV) — Bankrate found the average credit card interest rate today is 20.27%, making it very expensive to carry credit card debt. Sara Rathner with NerdWallet said those carrying a lot of credit card debt may want to consider debt consolidation. She said those with good credit could qualify for a balance transfer card. This…
New County Board member asks for help paying campaign debt
The Arlington County Board’s newest member is asking supporters for assistance in paying off remaining campaign debt. JD Spain, Sr., who took out $32,000 in loans a few weeks before the Democratic primary in June, emailed supporters on Dec. 30 asking them to contribute to a “final push” for funding. As of the end of…
Arizonans with medical debt could soon see credit relief
A new federal rule is set to remove medical debt from consumer credit reports. Here’s how it could impact you and when it’s taking place. Author: 12news.com Published: 6:25 PM MST January 8, 2025 Updated: 6:25 PM MST January 8, 2025 Read the original article here
Seer Medical enters voluntary administration | Information Age
Seer Medical cofounders in happier times [from L to R]: Professor Mark Cook, Dr Dean Freestone, and George Kenley. A medtech tech company named Victorian Startup of the Year in 2022 and backed by Breakthrough Victoria has entered voluntary administration with a “potential sale or large-scale restructure” on the cards. Pitcher Partners’ Lindsay Bainbridge and…