Food 4 Less New Lynn Ltd enters liquidation

Supplied ContentAuckland, February 27, 2026 In a significant development, Iconic Food 4 Less New Lynn Ltd has entered into liquidation. The High Court in Auckland made this decision on February 24, 2026, following a petition from a creditor, supported by other major creditors.  Pritesh Patel, a Licensed Insolvency Practitioner, is the Court-Appointed Liquidator. The Liquidator…

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Aavishkaar Capital Leads INR 60 Crore Investment in FREED to Scale India’s Debt Relief Category

The round also saw participation from existing investors Sorin Investments, Piper Serica and Sattva Ventures. February 27, 2026: Aavishkaar Capital, the investment arm of Aavishkaar Group, has led the INR 60 Crore (USD 6.6 Mn) investment in FREED, India’s first technology-driven debt relief platform, with participation from existing investors, Sanjay Nayar led Sorin Investments, Piper Serica…

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London construction boss gets suspended sentence, unpaid work order and six-year director ban

Adebanjo Adebayo Talabi was the director of Bebo Construction Limited.   He pleaded guilty to three counts of fraud by false representation for claiming £150,000 in Covid Bounce Back Loans.  He received a two-year sentence, suspended for two years, an unpaid work order, and a six-year director disqualification.   The south-London director of a construction company has narrowly avoided jail after admitting exaggerating his company’s turnover…

Top 10 Reasons Why the National Debt Matters

At $39 trillion and rising, the national debt threatens America’s economic future. Here are the top 10 facts that explain why the national debt matters. Trillion-dollar deficits are now the norm. The Congressional Budget Office (CBO) projects that the U.S. government will run trillion-dollar deficits over the next decade, resulting in a cumulative deficit of…