LANSING, Mich. — Medical debt affects more than 100 million Americans and is the number one cause of bankruptcy according the Scheinman Institute at Cornell University. Michigan leaders and the non-profit, Undue Medical Debt are working to tackle that issue in the state of Michigan. Governor Gretchen Whitmer secured $144 million in the state budget…
Medical debt relief on the way Yahoo Read the original article here
Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options. Del Monte has secured $912.5 million in debtor-in-possession financing that will allow it to operate normally as the sale progresses. “After a thorough evaluation…
The National Company Law Appellate Tribunal (NCLAT) has stayed an earlier NCLT order that had directed insolvency proceedings against Reliance Infrastructure. The case was initiated following a plea by IDBI Trusteeship, which alleged a default of around ₹90 crore by the Anil Ambani-led company. However, Reliance Infrastructure informed the appellate tribunal that all outstanding dues,…
Aqua Taranaki in liquidation owing more than $1.4m thepost.co.nz Read the original article here
Anil Ambani-led Reliance Infrastructure has received temporary relief as the National Company Law Appellate Tribunal (NCLAT), New Delhi, stayed the order initiating corporate insolvency resolution proceedings (CIRP) against the company. The tribunal passed this order on July 18. The next hearing in the matter is scheduled for August 27. In its filing to the stock…
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The bankruptcy of high-profile fashion designer Jovian Mandagie, the former son-in-law of Malaysia’s ex-prime minister Ismail Sabri Yaakob, has brought renewed attention to the growing scandals surrounding the former leader’s family. Jovian, once a household name in Malaysian and Indonesian fashion circles, was declared bankrupt by the Kuala Lumpur High Court on Thursday for failing…
The Ministry of Finance presents, in accordance with the calendar of published information, a regular Debt Portfolio Management Quarterly Report, which also includes regular quarterly evaluations of primary dealers of the Czech government securities for the period from the third quarter of 2024 to the second quarter of 2025. In the overall evaluation, the following…
1. Main messages for England and Wales The number of registered company insolvencies in England and Wales was 2,043 in June 2025, 8% lower than in May 2025 (2,230) and 16% lower than the same month in the previous year (2,430 in June 2024). Monthly company insolvency numbers in the first six months of 2025…