The owner of the troubled Ekati Diamond Mine in the Northwest Territories has filed for insolvency protection as it continues to face economic and geopolitical headwinds. Australia-based Burgundy Diamond Mines Ltd. said the Supreme Court of British Columbia has granted its Canadian subsidiary, Arctic Canadian Diamond Co. Ltd., protection under the Company Creditors Arrangement Act,…
Business distress rises as liquidations jump in March IOL Read the original article here
The Fastest College Degree to Help Pay Off Student Loans Based on Salary and Debt Investopedia Read the original article here
Dubai’s largest food company collapses into liquidation – £1.5m of debts MSN Read the original article here
Dubai’s largest food company collapses into liquidation – £1.5m of debts MSN Read the original article here
Mumbai: The National Company Law Tribunal (NCLT) has approved Rajesh Business & Leisure Hotels’ resolution plan to acquire a consortium of Rare Asset Reconstruction Company (Rare ARC) and Check-Inn Hotels, a subsidiary of realty developer Shree Naman Group. Read more: NCLAT sets aside NCLT insolvency order against Embassy Developments The company has admitted liabilities of…
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A new House bill wants to change student loan forgiveness rules, especially for people who lose their jobs, and it could let jobless months count toward loan relief even if no payment is made. Around 12 million borrowers are already on income-driven repayment (IDR) plans, which allow loan forgiveness after many years of payments. Right…