Tackling Liquidity and Debt Challenges in Developing Countries: Key takeaways from the Global Sovereign Debt Roundtable International Institute for Sustainable Development Read the original article here
Our Plan for a Sustainable Budget Liberal Party of Australia Read the original article here
Occupational pension schemes often constitute a significant part of liabilities in the event of the employer’s insolvency and therefore play a fundamental role in insolvency proceedings for all involved stakeholders (insolvency administrator, employer/insolvent debtor, pension beneficiaries, the German Pension Protection Funds (“PSV”), investors in the event of continuation of companies’ business after closing of insolvency procedure. In…
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Baurn Mitra (Technical Member) and Mr. Arun Baroka (Technical Member) has held that in a joint application filed by operational creditors under Section 9 of the Insolvency and Bankruptcy Code, 2016 (the Code), the threshold limit prescribed under…
The Supreme Court of India has rejected JSW Steel’s much-publicized resolution plan for Bhushan Power and Steel Limited (BPSL), ordering the liquidation of the debt-ridden company. This verdict, delivered by a bench comprising Justice Bela M Trivedi and Justice Satish Chandra Sharma, comes four years after JSW Steel completed its acquisition of BPSL under the…
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Turning Debt Into Hope: A call for justice in the Jubilee Year Caritas Australia Read the original article here
Coalition costings to settle on deficit, debt reduction The Queanbeyan Age Read the original article here
What’s going on here? KKR’s stake in Switzerland’s Selecta Group, a top vending machine outfit, is changing hands through a debt overhaul to cut 1.1 billion euros of debt. What does this mean? Selecta’s creditors, including Invesco and Man Group, are taking the reins in a pivotal recapitalization move. This plan injects 330 million euros…
The real cost of Africa’s debt crisis – and how to fix it The Africa Report.com Read the original article here