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Daily Archives: January 24, 2025

Groundworks specialist Kaybridge faces liquidation

LiquidationBy EditorJanuary 24, 2025

A deemed consent notice in The Gazette this week confirmed that Redmans Insolvency Services is set to be appointed once confirmed by creditors. Kaybridge has been in business since 1972 providing groundworks, substructures and superstructures across the UK. Latest results for the year to August 31 2023 show the firm had…

EaseMyTrip’s Nishant Pitti makes a second push for bankrupt GoFirst, challenges liquidation of airline

LiquidationBy EditorJanuary 24, 2025

EaseMyTrip’s co-founder Nishant Pitti may be selling a stake in the travel aggregator, but he clearly is keen on buying the bankrupt GoFirst. Pitti-backed Busy Bee Airways has made a renewed push in the National Company Law Appellate Tribunal (NCLAT), pitching for a revised resolution plan for GoFirst. Busy Bee has challenged the liquidation of…

UK Court Clarifies Director Liability for Using Prohibited Compan

BankruptcyBy EditorJanuary 24, 2025

Using the same or similar name of a company that is in insolvent liquidation is prohibited by s 216 of the Insolvency Act 1986 (IA). A director who acts in breach of s216 by being a director of, or being involved in the promotion, formation or management of a company that is using a prohibited…

GOP leaders mull a big debt-and-funding deal with Democrats – POLITICO

Debt HelpBy EditorJanuary 24, 2025

GOP leaders mull a big debt-and-funding deal with Democrats  POLITICO Read the original article here

Jeffries says attaching debt limit to wildfire aid is ‘nonstarter’ – WGHP FOX8 Greensboro

Debt HelpBy EditorJanuary 24, 2025

Jeffries says attaching debt limit to wildfire aid is ‘nonstarter’  WGHP FOX8 Greensboro Read the original article here

Gaming suppliers holding $16.4 billion in debt – CBRE – Asia Gaming Brief

Debt HelpBy EditorJanuary 24, 2025

Gaming suppliers holding $16.4 billion in debt – CBRE  Asia Gaming Brief Read the original article here

Jeffries says attaching debt limit to wildfire aid is ‘nonstarter’ – KFOR Oklahoma City

Debt HelpBy EditorJanuary 24, 2025

Jeffries says attaching debt limit to wildfire aid is ‘nonstarter’  KFOR Oklahoma City Read the original article here

The financier, the developer and the stoush that threatens 1000 units

LiquidationBy EditorJanuary 24, 2025

Bensons Property Group called in administrators on the day a fund managed by Macquarie Private Bank’s former head Guy Hedley tipped the developer with a near $1.5-billion pipeline into receivership. The Melbourne developer – which has total debts of about $812 million according to documents filed to the corporate regulator – went into voluntary administration…

Surge in number of Australians seeking debt help | The Armidale Express

Debt HelpBy EditorJanuary 24, 2025

While people contacted the helpline for a variety of reasons, the main ones were: housing stress, including mortgage, rent, rates and body corporate fees; utilities; credit card debt; personal loans; buy now pay later; and debts to the Australian Taxation Office. Read the original article here

Freedom from Medical Debt Could Help Millions of Americans—If Trump Allows It – Non Profit News

Debt HelpBy EditorJanuary 24, 2025

Image Credit: Getty Images on Unsplash “While in the hospital I was [racking] my brain on how in the world I could bring in some money and pay our incoming medical bills while staying home with a medically complex child.” That’s how Mallory Rose described the first few weeks with her newborn daughter, who was…

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