B. Riley Secures $160M Oaktree Financing, Joins $2B JOANN Liquidation Venture

Retires Nomura Senior Secured Credit Facility Makes Strategic Investment and Loan in Joint Venture Overseeing JOANN’s Liquidation LOS ANGELES, Feb. 27, 2025 /PRNewswire/ — B. Riley Financial, Inc. (NASDAQ: RILY) (“B. Riley” or the “Company”), a diversified financial services company, today announced that it has entered into a new $160 million senior secured debt facility…

National Debt Relief Review 2025

If you’re struggling to make payments toward your unsecured debts, a debt settlement company like National Debt Relief can help. The company boasts an average savings of 25% (after fees) for clients who complete a settlement program and has extensive positive reviews online. However, the debt settlement process has several potential pitfalls, and there may…

Government to pardon 83bn euros of regional debt to help keep Catalan nationalists on side

Thursday, 27 February 2025, 14:16 Catalan independence politicians have succeeded in persauding central government to agree to cancel 17.1 billion euros of regional government debt in Catalonia. The move comes as part of continuing efforts by the minority Socialist-led national government to shore up its parliamentary support with the votes of Catalan nationalist parties. The…

NCLAT sets aside insolvency proceedings against Coffee Day Enterprises – Industry News

The National Company Law Appellate Tribunal (NCLAT), Chennai, on Thursday set aside the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Cafe Coffee Day. In a regulatory filing, the company said, “…today the Hon’ble National Company Law Appellate Tribunal, Chennai, pronounced the order allowing the appeal filed by the Company and…

NCLAT sets aside insolvency proceedings against Coffee Day Enterprises – Industry News

The National Company Law Appellate Tribunal (NCLAT), Chennai, on Thursday set aside the insolvency proceedings against Coffee Day Enterprises Ltd (CDEL), the parent company of Cafe Coffee Day. In a regulatory filing, the company said, “…today the Hon’ble National Company Law Appellate Tribunal, Chennai, pronounced the order allowing the appeal filed by the Company and…

Japan: bankruptcy number 2024 | Statista

In 2024, the number of bankruptcies of companies in Japan amounted to around 10 thousand,reaching a decade high. The number of bankruptcies rose by 15.14 percent compared to the previous year. The total liabilities of the bankrupt companies amounted to over two trillion yen. Read the original article here