Advantages of voluntary corporate rescue – The Herald
Advantages of voluntary corporate rescue The Herald Read the original article here
CargoLogic Germany declared insolvent | News
Freighter operator Cargologic Germany (CLG) has been declared insolvent after it was banned from European airspace in March, reports Oliver Link of Air Cargo News sister title DVZ. The District Court of Leipzig has appointed the lawyer Lucas F. Flöther as the provisional insolvency administrator. The insolvency of the airline, which went into operation in…
Rep. Chip Roy says Republicans rejected House Freedom Caucus' offer to support debt ceiling hike – Washington Times
Rep. Chip Roy says Republicans rejected House Freedom Caucus’ offer to support debt ceiling hike Washington Times Read the original article here
261,000 More Student-Loan Borrowers Get $4.5B in Debt Cancellation
Biden announced an additional $4.5 billion in student-debt cancellation for 261,000 borrowers. The relief impacts borrowers who attended Ashford University, which a court found engaged in fraudulent behavior. This is among Biden’s last debt relief efforts before he leaves the White House. More student-loan borrowers are getting debt relief during President Joe Biden’s last week…
Councilmember Mink Helps Seniors Apply for Student Debt Relief
Tonya J. has been a lawyer and a White House appointee. She also is close to a half a million dollars in student loan debt. “Most of that, 2/3 of that, I’d say is interest.” Each month, she is expected to pay $278 for the loan and another $750 in interest. The Silver Spring resident…
Joann, the fabrics chain, files for bankruptcy again
article FILE-Cars sit in the parking lot outside a Joann store in Davenport, Iowa. (Daniel Acker/Bloomberg via Getty Images) Joann, the crafts and fabrics chain, has filed for bankruptcy a second time in less than a year. The Ohio-based company first filed for bankruptcy in March 2024 and became a private company a month later…
Aussie mortgage pain on the rise as National Debt Helpline reveals areas with most calls for financial help in 2024
More Aussies are calling for help over their finances, with mortgages the number one concern. Australia is grappling with a mortgage-led surge in cries for help to the National Debt Helpline. Almost 170,000 people called the service or used its online chat in 2024, up by close to 19,000 (12 per cent) from the year…
Actress Cush Jumbo faces bankruptcy hearing weeks after starring alongside David Tennant as Lady Macbeth
By NEIL SEARS Published: 06:06 AEDT, 8 January 2025 | Updated: 06:13 AEDT, 8 January 2025 Is this an unpaid tax bill I see before me? In the case of award-winning actress Cush Jumbo, 39, it certainly is. And a bankruptcy threat looms. The acclaimed performer, who last year appeared as Lady Macbeth alongside David…
How Legal Sports Betting Disproportionately Affects Black People
Confession: I’ve long loved the lexicon of a dice game happening on a street corner or in the basement of an after-hours spot or in the parking lot of a strip club or, an eon ago, in the halls of my high school: “Fever in the funkhouse, and I’m looking for a fin . . . Nina Ross the…
Infamous Swim makes a splash after bouncing back from voluntary administration
Infamous Swim has secured backing of approximately $1 million through a group of entrepreneurs from the tech, e-commerce, fashion and communications sectors, with the founder of the original mummy-and-me swimwear brand confirming the label has been restructured and is now operating in a new company structure with new directors. It comes after the swimwear brand…