Financial Markets Authority pushing for release of interim liquidation report into investment firm Chance Voight

The FMA said it intends to ask the court to schedule a hearing at the earliest convenient date after April 20 to determine its liquidation application. The six entities in interim liquidation are: Chance Voight Investment Corporation Limited Chance Voight Investment Partners Limited CVI Partners Mortgage Fund Limited CVI Partners Mortgage Income Fund Limited CVI…

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Book Review: “How the Brady Plan Delivered on Debt Relief” by Neil Shenai and Marijn A. Bolhuis

This slim volume is a timely retrospective on the Brady Plan, the 1989 initiative named after Treasury Secretary Nicholas Brady, through which the United States helped resolve the Latin American debt crisis. Under Brady’s plan, Latin American governments could exchange troubled bank loans for newly issued bonds. The United States applied regulatory and political pressure…

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Concern over debt advice centre’s future

The Noah’s Ark Centre at Ovenden, Halifax, offers a range of services but has alerted councillors to concerns it has about funding. Coun Christine Prashad raised the issue with senior councillors at a meeting of the full Calderdale Council and said the situation was concerning for a vital service. “As you will all be aware,…

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