Rotary Club of Maryville President Skye Pournazari on Sept. 24 presents a $300 donation to Maryville R-II Interim Superintendent Philip Pohren, right, and Maryville High School Principal Thom Alvarez to be used to pay owed lunch fees for students. Pohren told the club that these funds will help numerous students balance their accounts. Pournazari is…
When your credit card debt tops $50,000, understanding your relief options is critical. Getty Images/iStockphoto Credit card debt has been climbing steadily over the past few years and recently hit a new milestone when it topped a collective $1.21 trillion nationwide. At the same time, the average annual percentage rate (APR) on credit cards assessed interest…
Salman Khan settles dispute with Jerai Fitness, withdraws insolvency plea at NCLAT Deccan Herald Read the original article here
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) at New Delhi recently ruled that a part payment made by the corporate debtor to the operational creditor against the total debt constitutes an acknowledgment of debt under the Limitation Act, 1963, thereby extending the limitation period for filing an insolvency application under the…
Tough economic times and rising costs have culminated in the “difficult decision” to place a Dunedin kebab restaurant into liquidation. Anatolia Turkish Kebab House has ceased trading, as its operating company, Anatolia Turkish Cafe Ltd, was placed into liquidation by shareholder resolution last week. The company operated the Turkish restaurant and takeaways business in Princes…
There are a few good strategies you can use to help regain control of $10,000 or more in credit card debt. Mohd Izzuan/Getty Images Credit card debt has quietly crept into the five-figure range for millions of Americans recently, which is hardly surprising given today’s inflationary environment and other economic challenges, which are driving more…
South Florida homebuilder files for bankruptcy with millions in debts The Business Journals Read the original article here
New Delhi: Bollywood actor Salman Khan on Wednesday withdrew an insolvency appeal filed before the appellate tribunal NCLAT against Jerai Fitness, after settling over Rs 7.24 crore dispute. Counsel appearing for Salman Khan submitted before the NCLAT that the demand draft, as per the consent terms executed, has been handed over to them and requested…
By Gavin Kramer ( October 8, 2025, 3:07 PM BST) — Poundland Ltd., the well-known high street retailer, is one of the most recent high-profile companies to seek a compromise with its creditors under Part 26A of the Companies Act 2006, following in the footsteps of such household names as Virgin Atlantic Airways Ltd., Thames…
Nigeria’s top judges, lawyers, and insolvency experts are calling for a paradigm shift in the nation’s insolvency ecosystem — from punitive liquidation practices to proactive business rescue and restructuring — as economic turbulence continues to strain companies across sectors. At the 2025 Annual International Insolvency Conference of the Business Recovery and Insolvency Practitioners Association of…