Piles of debt and no future certainty have been the fatal blows for a stable of well-known Australian clothing brands as the parent company officially goes bust. Retail giant Mosaic Brands – owner of Millers, Rivers, Crossroads, Katies, Noni B and Autograph – collapsed into voluntary administration in October 2024. In a notice to creditors…
Kingland Group Faces Financial Impact Due to Paul Y. Entities Liquidation TipRanks Read the original article here
Encore Capital Group Inc Ltd cold-called businesses and potential customers and then collected debts which they did not fully hand over. In some instances, they falsely claimed to be regulated by the Financial Conduct Authority (FCA). The company was shut down following a winding up hearing at the High Court in London on 25 February…
Victory Portfolios II today announced plans to liquidate the VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF), VictoryShares US Small Cap Volatility Wtd ETF (CSA), and VictoryShares THB Mid Cap ETF (MDCP) (the “Funds”). The decision to liquidate the Funds was the result of the Company’s regular review of its product lineup to ensure it…
Most Read: Flying Taxi Startup Faces Insolvency – Again; Self-Driving Taxis Gain Momentum in Tokyo IoT World Today Read the original article here
Andy Park: Treasurer Jim Chalmers has signed off on a major international airlines bid to buy a significant stake in Virgin Australia. Qatar Airways will now own a quarter of the Australian airline, allowing Virgin to resume international flights to major tourism destinations, cancelled after the troubled airline went into voluntary administration. Aviation experts say…
How Alcohol, Gambling and Substances Impact Your Wallet TheStreet Read the original article here
Kumiko Love was getting ready for the 2018 holiday season when she noticed something alarming — she was still paying off debt from last Christmas. “I was doing a lot of impulse shopping — a lot of guilt spending because, at that time, I was a newly-divorced single mom and I had a lot of…
In a bid to equip Ghanaian businesses with essential legal knowledge for navigating corporate growth and financial uncertainty, the book Companies, Corporate Insolvency and Restructuring in Ghana: The Law and Practice (Volume 1) has been officially launched. Authored by Ace Anan Akomah et al., the book—also known as the Blue Book—serves as a comprehensive guide for businesses, legal…
The Social Security Administration is offering financial incentives ranging from $15,000 to $25,000 to employees who choose to voluntarily resign from the federal agency, ahead of what they warn will be “significant workforce reductions.” A message sent out to employees Thursday stated that the agency will soon implement restructuring that includes workforce cuts and “massive…