The National Company Law Appellate Tribunal (NCLAT) at Delhi has held that a financial creditor can maintain its claim in the Corporate Insolvency Resolution Process (CIRP) of a corporate debtor that had stood as a guarantor for another company, even if the corporate guarantee was never invoked. It further held that invocation of a corporate…
BiomX, one of Israel’s most promising biotechnology companies, filed an urgent request with the Central District Court on Tuesday seeking authorization to initiate insolvency proceedings. The move follows the termination of its main clinical trial and the absence of funding sources to continue operations. The company’s debts are estimated at at least NIS 11 million…
Trinity Moravian launches 8th round of medical debt relief Winston-Salem Journal Read the original article here
LIQUIDATION NOTICES: Creditors Voluntary Winding-Up – November 2025 Credit Connect Read the original article here
INSOLVENCY NOTICES: Winding Up Petitions – November 2025 Credit Connect Read the original article here
It said that while Paddy Power had systems in place to identify problem gambling, the examples of failures uncovered showed “the velocity of spend, increasing deposits, overnight gambling, and changing betting patterns did not appear to be identified by the licensees or acted upon until the next day”. Read the original article here
The Long family are facing up to their second Christmas without their eldest son. Last year, an eight-year cycle of gambling addiction, recovery and relapse came to an end when Ollie took his own life, aged 36. Gambling addiction had taken a devastating toll on a young man remembered as kind and quick-witted, with bright…
Bondholders are pushing to get paid over 50% more than Ethiopia’s government creditors These proposals could lead to bondholders making 100% profit Ethiopia’s bondholders are pushing to get paid over 50% more than government creditors through participating in debt relief. New calculations by Debt Justice and Afrodad also show that bondholders could make over 100%…
Key takeaways According to LendingTree data, borrowers with excellent credit received an average debt consolidation loan APR of 11.96% in the second quarter of 2025 (based on loans over $5,000 with terms 24 months or longer). Debt consolidation rolls multiple debt payments into one single monthly bill. With a debt consolidation loan, your interest rate…
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