FTC shuts down alleged student loan debt relief operation targeting borrowers – ConsumerAffairs
FTC shuts down alleged student loan debt relief operation targeting borrowers ConsumerAffairs Read the original article here
Spirit Airlines looked it was in the clear of reemerging from bankruptcy, but rising fuel costs threaten its exit
Spirit Airlines’ emergence out of its second bankruptcy in as many years is under pressure as jet fuel prices soar. On Feb. 24, just days before the war in Iran began, Spirit announced that it expected to exit Chapter 11 bankruptcy in the late spring or early summer, after striking a deal with its lenders…
Govt to hold wider consultation for group, cross-border insolvency rules
“The group insolvency mechanism is expected to prioritize a coordinated process over blanket substantive consolidation. This approach should help synchronize proceedings for related companies under stress, protect overall business value, and prevent contradictory orders, while still maintaining the distinct legal identity and creditor interests of each entity,” explained Anoop Rawat, national practice head, insolvency &…
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