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Future Lifestyle Fashions Conducts 35th Committee of Creditors Meeting Under CIRP scanx.trade Read the original article here
Three prominent artists—Alexandre Diop, Deborah Roberts and Kehinde Wiley—are among those worst hit by the bankruptcy of Stephen Friedman Gallery, according to formal documents recently filed by administrators on Companies House. Diop is owed £341,905, Roberts £289,232 and Wiley £163,849. As unsecured creditors, they are expected to receive eight to nine pence for every pound…
A social media-hungry west suburban restaurateur, and self-professed “connected guy,” is being held without bond in a wide-ranging illegal sports wagering business, federal authorities charged. Filippo “Gigi” Rovito, owner of the popular Burr Ridge eatery “Capri,” is among 22 people indicted by a federal grand jury in Hammond alleging they played a role in an…
Key takeaways Credit card refinancing is using a new loan or credit card to pay off your credit card debt. A balance transfer card could be the cheapest option, but only if you can pay off your debt during the 0% APR intro period. Otherwise, interest can add up quickly. Refinancing moves your debt; it…
The National Hockey League (NHL) has teamed up with a veterans service organization to help struggling former military members and their families. Through a partnership with ForgiveCo, the NHL will erase $1.25 million of debt, dropping a lifeline to 1,025 veteran families. On Tuesday, during Game 5 of a first-round Stanley Cup Playoffs series against…
Wootzano set for crucial insolvency hearing this morning businesscloud.co.uk Read the original article here
Reliance Power Slips As US Exim Files Insolvency Plea BW Businessworld Read the original article here
UK construction company collapses into liquidation – £200k of debts MSN Read the original article here
Synopsis: Reliance Power has come under pressure after the US Export-Import Bank filed an insolvency application over a $165 million debt linked to its subsidiary. The company, however, has strongly contested the claim, stating that the debt is not due and is already under arbitration. Reliance Power Ltd, part of the Anil Ambani-led group, is…