Open this photo in gallery: Halifax Harbour in Halifax on Wednesday evening, Feb. 28, 2018.Darren Calabrese/For The Globe and Mail A contentious insolvency involving the heavily indebted estate of a deceased property developer from the Halifax area has put the future of some of the city’s prized heritage properties in doubt. Five businesses connected to…
As soon as his bi-weekly salary of $650 came to his hand, migrant worker Mani Arockiyasamy rushed to the Marina Bay Sands casino with $300 in hand and a target in mind. With the aim of doubling his money, the 34-year-old from India, who works as a safety coordinator at a worksite, made a beeline…
SANTA ANA, Calif. (AP) — The former interpreter for baseball star Shohei Ohtani was sentenced Thursday to four years and nine months in prison and ordered to pay nearly $17 million to the Los Angeles Dodgers player after he stole a similar amount from Ohtani’s bank account to cover his sports gambling debts. Ippei Mizhuara…
Almost half of British Columbians in debt waited more than two years to seek financial help, leading to significant mental health struggles A new survey reveals concerning links between British Columbians’ indebtedness and their mental health. Last year, 41 per cent of indebted British Columbians said they waited more than two years to seek professional financial…
Indebted B.C. residents delaying financial help, paying price in mental health: survey – BC News Castanet.net Read the original article here
The massively oversized stores were always the stranglehold in Forever 21‘s operations. Five years after the fast-fashion chain’s first Chapter 11 filing, the retail outposts remain a key stumbling block. Forever 21 filed its first Chapter 11 petition in September 2019. The brand management firm Authentic Brands Group subsequently acquired the business, partnering with mall…
Former One Nation senator Rod Culleton has secured a one week extension of a bankruptcy case, which has forced him to lose his seat in Federal Parliament. Key points: Senate President declares Rod Culleton’s seat vacant Culleton claims stay means he’s not officially bankrupt, continues to act as senator He threatens legal action against some…
Article content Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labour costs and a disastrous unlimited shrimp promotion. Article content The Orlando, Florida-based company filed for Chapter 11 protection on Sunday, listing assets and liabilities of US$1 billion to US$10 billion each in its bankruptcy petition. The filing allows the…
Reliance Communications Reports Q3 Financial Results Amidst Insolvency Proceedings TipRanks Read the original article here
GSIS launches MPL Max Program to provide debt relief for gov’t workers Philippine Information Agency Read the original article here