5,272 youth declared bankrupt since 2020

Youth and sports minister Hannah Yeoh said the main cause of bankruptcy among the youth in 2024 was personal loans. KUALA LUMPUR: A total of 5,272 youth below the age of 34 have been declared bankrupt from 2020 to this year, according to youth and sports minister Hannah Yeoh. She said that of the total,…

Bankrupt council faces multi-million-pound fraud probe

SFO launches probe into alleged fraud at bankrupted Council The Serious Fraud Office (SFO) has launched an investigation into an alleged multi-million-pound fraud committed against Thurrock Council. The anti-fraud agency opened a probe into UK-based Rockfire Investment Finance Plc. Between 2016 and 2020, Thurrock Council invested millions in solar farms through a bond scheme sold…

Key information relating to payment of liquidation dividend and information about the liquidation balance sheet — TradingView News

Reference is made to the extraordinary general meeting in Philly Shipyard ASA(under liquidation) (the “Company”) on 19 February 2025 where the generalmeeting resolved to liquidate the Company. The Company’s board of directorshasin accordance with the Norwegian Public Limited Liability Companies Actsection16-9 resolved to distribute a liquidation dividend to its shareholders. Key information relating to the…

Sorbet Secures $25 Million Debt Facility from Pier Asset Management

Sorbet, the leading fintech platform that helps employees access the financial value of their unused Paid Time Off (PTO), today announced a $25 million debt facility from a fund managed by Pier Asset Management, a private credit investment firm supporting high-growth fintech companies. This announcement comes at a critical moment, as persistent inflation and tighter credit markets…

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