A few years ago, it seemed like the dream of widespread student debt forgiveness was alive and well. And although the hopes of millions of borrowers across the country have since been dashed, there are moves that employers can make to help workers toiling under the burden of defaulted loans and garnished wages. Student loan…
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1. Data sources and data validation Individual-level company insolvency data for England and Wales, Scotland and Northern Ireland were sourced from Companies House (except for compulsory liquidation data for England and Wales and Northern Ireland, see below). Companies House conducts a series of basic checks on the data, including the removal of duplicate records, prior…
Lenders reject Jaypee Infratech’s bid to acquire bankrupt Jaiprakash Associates Ltd (JAL). Five other companies submitted resolution plans. JAL’s assets include real estate, cement, and hospitality. New Delhi, Jul 5 (PTI) Lenders of Jaiprakash Associates Ltd (JAL) have turned down Jaypee Infratech’s request to accept its resolution plan to acquire the bankrupt diversified company. Five…
Jovian Mandagie declared bankrupt over RM5.28 million ‘friendly loan’ MSN Read the original article here
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Auckland University’s only bookstore set to close after going into liquidation Stuff Read the original article here
The Insolvency Practitioner recruitment crisis: will this lead to more claims? Howden Insurance Read the original article here
New Delhi, Jul 7 (PTI) Borosil Renewables on Monday announced that its German subsidiary GMB Glasmanufaktur Brandenburg GmbH has filed for insolvency under German Insolvency Code (InsO) before the jurisdictional court at Cottbus. Borosil Renewables Ltd is listed on the BSE as well as the NSE. The decision follows a prolonged period of deteriorating market…
New York Bankruptcy Court Examines COMI for Purposes of Chapter 15 Recognition of Foreign Restructuring Proceedings Involving Multinational Companies Jones Day Read the original article here