Dave Broadbent, chair of R3 in Yorkshire New business starts-ups and insolvency-related activity had both fallen across the UK and in Yorkshire and the Humber last month, according to the latest research from the UK’s insolvency and restructuring trade body, R3. The findings, based on an analysis of data provided by Creditsafe, show an 18%…
India’s Insolvency Law Has Bankers Going Bald Bloomberg Read the original article here
Image used for representative purpose only. | Photo Credit: Reuters The National Company Law Appellate Tribunal (NCLAT) has dismissed an insolvency petition against PepsiCo India Holdings after observing that provisions of IBC cannot be turned into a debt-recovery proceeding. The appellate insolvency tribunal has upheld the earlier order passed by the Chandigarh bench of the…
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After 355 years, beginning as a fur trading company incorporated by King Charles II, the end of Canada’s oldest retailer is fast approaching. Hudson’s Bay Company is expected to shutter all of its department store locations by June 2025, marking the final phase of a nationwide liquidation process that began in late March. In late…
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Three-quarters of Younger Veterans with Debt are Still Paying off Amounts Incurred While Serving NEW YORK, May 12, 2025 /PRNewswire/ — National Debt Relief, the industry leader in debt settlement known for its unique approach to debt relief, today released the findings of a powerful new study revealing that many U.S. veterans face mounting debt, financial…
By Michael Gryboski, Editor Monday, May 12, 2025 Senior Pastor Howard-John Wesley preaches at Alfred Street Baptist Church in Alexandria, Virginia, on Feb. 18, 2025. | YouiTube/Alfred Street Baptist Church A predominantly African American megachurch that has existed since the early 19th century has donated approximately $132,000 to relieve the debts of 11 graduating college…
Hudson’s Bay liquidation to end by June 1, store closures fast approaching | Urbanized Daily Hive Vancouver Read the original article here
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