Singapore – Singapore’s policymakers are wrapping up the public feedback process on proposed changes to its insolvency law, part of a broader effort to enhance its appeal as a hub for corporate restructuring in Asia. A key change would broaden a provision in restructuring plans, known as cross-class cramdowns, to prevent shareholders from dissenting, according…
Loddenkemper, a furniture brand from Oelde, Germany, has declared insolvency on November 20, 2024. The company, which has been active in the furniture industry since 1889, has attempted multiple restructuring efforts before eventually needing to initiate standard bankruptcy proceedings at the Osnabrück…
A second KleuterZone company has been put into provisional liquidation. On Friday, the Western Cape High Court granted an order for the provisional winding up of KleuterZone (KZ) Ventures, a management company of the controversial KleuterZone franchise. ADVERTISEMENT CONTINUE READING BELOW Read:Court stops Bougas brother from selling R2.7m AudiRegulators have once again failed South Africans…
Shares in Star are in a trading halt as the casino operator tries to refinance significant debt. (Joel Carrett/AAP PHOTOS) A new financing deal for Star Entertainment Group could be enough to cover the beleaguered casino operator’s sizeable debts. Star confirmed it had entered into an exclusivity and process deed with Salter Brothers Capital, after…
The Star Entertainment’s AU$940m refinancing proposal withdrawn Gambling Insider Read the original article here
“As an organisation that is heavily reliant on Medicare rebates, a small number of government project grants, and membership fees to sustain our services, it has been extremely challenging to raise sufficient income to cover true operational costs,” the clinic said. Read the original article here
“As an organisation that is heavily reliant on Medicare rebates, a small number of government project grants, and membership fees to sustain our services, it has been extremely challenging to raise sufficient income to cover true operational costs,” the clinic said. Read the original article here
NovelStem International Corp., a company that has recently shifted its focus from media to biotechnology, has released its annual 10-K report. The report provides a comprehensive overview of the company’s financial performance, business operations, strategic initiatives, and the challenges it faces. This summary highlights the key aspects of the report, offering insights into NovelStem’s current…
Seniors should carefully consider the credit card debt forgiveness eligibility requirements to determine if it’s the right move for their finances now. Connect Images With credit card debt around $1.21 trillion at the end of 2024 and the average credit card interest rate over 20% currently, the chances of Americans being stuck in credit card…
We list the best personal finance software, to make it simple and easy to manage your finances and budget better. Personal finance software allows you to record your spending and saving, and taxes, all in one place. This allows you to get a better overall picture of your income and costs. However, the best finance…