Iconic bankrupt retailer closes all 800 stores in liquidation – TheStreet
Iconic bankrupt retailer closes all 800 stores in liquidation TheStreet Read the original article here
Boss of agency owing $2.9m admits evading tax with new company – The Press
Boss of agency owing $2.9m admits evading tax with new company The Press Read the original article here
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Pre-Section 10A Default Is Not Extended By Acknowledgment When Partial Payment Is Made For Acknowledged Debt: NCLAT
The National Company Law Appellate Tribunal (NCLAT) Chennai Bench of Justice Sharad Kumar Sharma (Judicial Member) and Mr. Jatindranath Swain (Technical Member) has held that the default falling in pre-section 10A period cannot be said to be continued when some payments towards the acknowledgement of debt accumulating during the prohibited period is made. Brief Facts:…
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Access Denied You don’t have permission to access “http://www.businesswire.com/news/home/20250225247530/en/DebtBook-Launches-Sizing-Feature-to-Empower-Treasury-Teams-with-In-House-Debt-Structuring-Capabilities” on this server. Reference #18.7c58d617.1740493365.1b7d86da https://errors.edgesuite.net/18.7c58d617.1740493365.1b7d86da Read the original article here
Tesla Automation wants to take over parts of Manz
The parties have signed a corresponding purchase agreement, insolvency administrator Martin Mucha told the German press agency DPA. A price was not communicated. According to the report, Mucha is pleased to have successfully concluded the negotiations with Tesla, saving many jobs. The German engineering company Manz filed for insolvency in December 2024, after lenders said…
Why China Buys U.S. Debt With Treasury Bonds
China has steadily accumulated U.S. Treasury securities over the last few decades. As of November 2024, the Asian nation owned $768.6 billion in Treasuries (bonds issued by the federal government), which is the main form of U.S. debt to China. Some analysts and investors fear China could dump these Treasuries in retaliation and that this…