The following article was originally published in the Ohio Capital Journal and published on News5Cleveland.com under a content-sharing agreement. A pair of Ohio House lawmakers want to help people pay off their medical debt. State Reps. Michele Grim, D-Toledo, and Jean Schmidt, R-Loveland, are introducing the Ohio Medical Debt Fairness Act. The bill would lower…
If you’ve been on the receiving end of collection calls, it helps to know what debt collectors are required to prove during the process. Getty Images In today’s challenging economic climate, it’s not uncommon to find yourself on the receiving end of letters and calls from debt collectors. After all, with inflation cooling but still…
Dwayne Gunness, president of Unifor Local 40 — which represents 40 beauty advisers — confirmed the layoffs, reports Radio-Canada. And HBC won’t be providing termination pay to workers being laid off, according to one worker. “I’m having a really hard time accepting the fact that we don’t get severance,” says Hazel Harris, one of the…
The furniture and display cases that speckle Saks Fifth Avenue stores in Canada are up for sale. Advertisements at its downtown Toronto store show the company has begun looking for buyers for its fixtures. A 24-page document that it is offering prospective buyers shows at least $150,000 worth of inventory. Items include mannequins, tables, clothing…
Lebanese firm Zakhem faces insolvency suit over Sh460m debt Business Daily Read the original article here
Bhubaneswar: Over 3,000 people staged a protest on Wednesday afternoon at the Bhushan Power and Steel Ltd (BPSL) plant gate in Jharsuguda, voicing their anger and anxiety over the Supreme Court’s May 2 ruling ordering the liquidation of the company. The apex court, on April 2, rejected JSW Steel’s resolution plan for BPSL under the…
Bhubaneswar: Over 3,000 people staged a protest on Wednesday afternoon at the Bhushan Power and Steel Ltd (BPSL) plant gate in Jharsuguda, voicing their anger and anxiety over the Supreme Court’s May 2 ruling ordering the liquidation of the company. The apex court, on April 2, rejected JSW Steel’s resolution plan for BPSL under the…
The National Company Law Tribunal (NCLT) has approved gaming and media firm Nazara Technologies’ resolution plan to acquire Sachin Tendulkar-backed Smaaash Entertainment, which has been undergoing insolvency proceedings under the Insolvency and Bankruptcy Code (IBC).“We wish to inform you that the resolution plan submitted by the company for acquisition of Smaaash Entertainment Private Limited, a…
Following insolvencies in Germany, Belgium and the Netherlands, insolvency proceedings have now also been opened for Gerry Weber in Austria. As announced on Friday by the Alpenländische Kreditorenverband (AKV), corresponding proceedings were initiated at the Commercial Court of Vienna regarding the assets of Gerry Weber Vertriebs GmbH. At the time of the insolvency opening, the…