Former Whyalla Steelworks parent company GFG Alliance has placed its subsidiary Whyalla Ports into voluntary administration. In a statement, the company said it had no choice after the State Government intervened last month to determine the control of the facility. It comes after the company was embroiled in a federal court case with adminstrators Korda…
Mwave has secured a lifeline following the voluntary administration of its former holding company, Esel Pty Ltd. The digiDirect Group acquired the online technology retailer and offered employment opportunities to all its affected staff. Mwave is The digiDirect Group’s latest acquisition, following library supplier James Bennett in May and online bookstore Booktopia in August 2024.…
The future of troubled Esoteric Festival in country Victoria is uncertain unless someone volunteers to buy its parent business, along with millions of dollars of debt. The multi-day electronic music, arts and lifestyle event, outside tiny Wimmera town Donald, about 290 kilometres north-west of Melbourne, was cancelled in March this year the day before it…
After huge tax bill, company owner transfers home into spouse’s name Stuff Read the original article here
Sovereign Debt Liability Management And Distressed Exchanges S&P Global Read the original article here
Relief Secures Strategic Investment from the Largest Debt Settlement Company in the US, National Debt Relief galvnews.com Read the original article here
AI-powered platform now positioned to expand its infrastructure and accelerate debt resolution for millions of Americans MIAMI–(BUSINESS WIRE)–Relief, the leading AI-enabled debt resolution platform, announced today that it has secured a new round of growth capital led by National Debt Relief (NDR), the largest debt settlement company in the country. The capital will support the…
If you’re struggling under the weight of your medical debt, there are ways to get some much-needed relief. Getty Images The cost of healthcare in the U.S. has always been high, but for many Americans, the issue has gone from frustrating to financially devastating. More than 41% of adults are now carrying some form of…
After falling victim to ransomware, a 100-year-old German napkin factory files for insolvency Cybernews Read the original article here
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