The National Company Law Tribunal (NCLT) ordered the liquidation of now insolvent Go First Airways on Monday. On May 2, 2023, the Go First budget airline’s owners – the Wadia Group – filed voluntary insolvency resolution proceedings before the NCLT sending shockwaves through the entire airline industry. Issues with Pratt & Whitney Go First was…
(Bloomberg) — Goldman Sachs Group Inc. pulled out of a $1 billion deal to help Ecuador refinance debt, due to internal risk-management controls. Most Read from Bloomberg The Wall Street bank exited the transaction — a debt-for-nature swap that was completed last month — after an internal compliance review identified a possible conflict of interest…
India’s Vi boosted by talk of more government debt relief TelcoTitans Read the original article here
40% of individuals polled say they waited more than two years to seek professional debt help, even as almost 4 in 5 say being in debt caused their mental health to suffer. Credit cards reported as number one type of problem debt for consumers. VANCOUVER, British Columbia, Jan. 20, 2025 (GLOBE NEWSWIRE) — Sands &…
When Kate Seselja asked for help amid her “debilitating” gambling addiction, the advice she was given stuck with her for all the wrong reasons. It was 2003, and she was six years into a cycle filled with shame and secrecy. At this point in her life, she was married and one of her six children…
Candidly delivers next-gen benefit solutions for student debt and beyond – CBS News Watch CBS News Candidly, the category leader in financial wellness benefits, partners with leading employers, recordkeepers, and financial services providers to deliver solutions that bring financial wellness, security, and wealth within reach — for everyone. Be the first to know Get browser…
Canoo is insolvent and ceases operations www.electrive.com Read the original article here
Bankrupt former London private hire vehicle driver who claimed £50,000 Bounce Back Loan hit with 11 years of sanctions TaxiPoint Taxi News Read the original article here
The NCLAT upheld the decision of the NCLT, prioritizing the sale of the Corporate Debtor as a going concern The Chennai Bench of National Company Law Appellate Tribunal ( NCLAT ) upheld the e-auction process, prioritizing the sale of the Corporate Debtor ( CD ), as a going concern over a Scheme of Arrangement proposed…
Star Entertainment’s Hong Kong investors are in Queensland to discuss the future of the casino giant’s new Brisbane precinct as chief executive Steve McCann attempts to save the business from collapse. Among the options being assessed by Star and the investors – Chow Tai Fook Enterprises and Far East Consortium – include the sale of…