The federal Treasurer has announced “commonsense” changes to help more Aussies with student debt acquire their first home. Treasurer Jim Chalmers has announced that financial regulators – the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) – will be updating their lending rules in relation to Australians with HELP debt…
Breakingviews – Ending US aid will heat up sovereign debt fights Reuters Read the original article here
What happens now that Rex has entered voluntary administration? The Daily Aus Read the original article here
Yowie Baby Animal collectibles /credit: Yowie World Facebook/ Yowie’s largest shareholder Keybridge Capital appointed administrators on Monday (10 February), days after the Australia-based confectionery business demanded a loan repayment. In a… Read the original article here
Insolvency: Company administration Commons Library Read the original article here
Retail chains in the Netherlands have increasingly found ways to continue operating after declaring bankruptcy, often in a slimmed-down form, De Telegraaf reports. These companies frequently leave suppliers, landlords, and employees with little to no compensation. While some question the fairness of this process, courts often view it as the “least bad outcome” when a…
(PDF) Corporate Financial Distress and Bankruptcy: A Survey ResearchGate Read the original article here
US corporate bankruptcies in June reach highest monthly level since early 2020 S&P Global Read the original article here
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. After nearly 50 years in business, The Container Store on Sunday filed under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas and expects to confirm a reorganization plan within 35 days. The…
BoS talks CIP, debt management The Central Virginian Read the original article here