TORONTO/WINDSOR—Unifor members who work at Hudson’s Bay Company (HBC) rallied in Windsor and Toronto to call for urgent insolvency reform and accountability from HBCexecutives who continue to deny workers’ severance as liquidation nears completion. The rallies, led by Unifor Locals 40 and 240 which represent nearly 600 HBC workers, brought attention to the devastating impact…
Dave Ramsey’s Bold Advice to a $200K Earner Carrying Debt 24/7 Wall St. Read the original article here
The path to debt relief can be needlessly extended by believing some common (but timely) myths this June. Getty Images While it can be relatively easy to accumulate a lot of credit card and loan debt, erasing what you owe is considerably more difficult. And this is particularly true in the unique economic climate of…
The Bay to axe over 8,000 employees in Canada by June 1 | National Daily Hive Vancouver Read the original article here
By Felix ADDO This is a summarized article of that published in the national insolvency journal, Corporate Insolvency and Restructuring Journal. “Restructuring” has become a household word in Ghana these days and for good reason. Most informed readers are aware of the current economic crisis facing the country and the engagement with the International Monetary…
Mumbai: The Bengaluru bench of the National Company Law Tribunal has dismissed an insolvency petition against e-commerce delivery startup Dunzo Digital Pvt. Ltd. The insolvency court was hearing an insolvency petition filed last year by one of the company’s financial creditors—called Invoice Discounters of Dunzo Digital Pvt Ltd—for non-payment of dues. On Tuesday, an NCLT…
Leaked memo: Builder.ai CEO blames lenders for pulling the plug on troubled startup Sifted Read the original article here
Software firm Builder.ai enters insolvency proceedings Tech in Asia Read the original article here
You should expect more from your law firm than only excellent legal counsel. Delivering for our clients also means holding ourselves to the highest standards of service, performance, and innovation. Every client has a different vision for success, so we adapt a custom approach for each of them. We help you identify your…
A mother paid nearly £200,000 to her daughter using funds due to a supplier just days after they decided their company was insolvent and would cease trading. Hazel Lamont and her daughter Nicola Murray were directors of Scotparts UK Ltd, which was described on Companies House as being involved in the sale of machinery, industrial…