Three Ubco companies in liquidation owing over $35m – BusinessDesk | NZ
Three Ubco companies in liquidation owing over $35m BusinessDesk | NZ Read the original article here
The UAE’s Evolving Insolvency Mosaic – Lexology
The UAE’s Evolving Insolvency Mosaic Lexology Read the original article here
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Bally’s boosts revenue, retires debt early in first quarter – CDC Gaming
Earnings for Bally’s Corp. shot up 28.3 percent in first quarter 2026. The Rhode Island-based company reported quarterly data late on May 18. The company disclosed consolidated earnings of $755.7 million. Profit-loss numbers were not divulged. Bally’s casino division experienced an 8.1 percent upward push in revenue, reaching $379.7 million for the quarter. The company…
More than 8,800 cases admitted under IBC, creditors realise over Rs 4.11 lakh cr till Dec 2025
More than 8,800 Corporate Insolvency Resolution Processes (CIRPs) were admitted under the Insolvency and Bankruptcy Code (IBC) until December 2025, with creditors realising over Rs 4.11 lakh crore through approved resolution plans, Financial Services Secretary M Nagaraju said on Tuesday. More than 4,000 corporate debtors have been rescued through resolution, settlements, withdrawals or appeal-related closures,…
Can Social Security survivor benefits be garnished for debt?
The rules regarding Social Security survivor benefits and debt collection are more nuanced than you may expect. Imagesbybarbara/Getty Images When a loved one dies, the financial fallout can extend far beyond funeral costs and estate issues. In turn, Social Security survivor benefits often become an important income source for surviving spouses and dependents — one…
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Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…
FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS
FREIT BOARD OF DIRECTORS APPROVES PLAN OF VOLUNTARY LIQUIDATION TO MAXIMIZE VALUE FOR STOCKHOLDERS Current Estimate of Distributions to Stockholders is Approximately $24.44 to $30.03 Per Share; Representing Significant Premium to Latest Closing Stock Price HACKENSACK, N.J., May 14, 2026 /PRNewswire/ — First Real Estate Investment Trust of New Jersey, Inc. (“FREIT” or the “Trust”)…
Gum Tree Pies survives liquidation
Gum Tree Pies has entered a deed of company arrangement with its creditors, retaining business assets and local staff in Bright, Yackandandah and Wodonga as they survive liquidation. Appointed administrators met with creditors of the business last week to decide on the future of the bakery, which entered voluntary administration on 8 April, reporting around…
Linden Beef collapses under N$28m debt …as it fails to oppose Bank Windhoek’s liquidation application – Windhoek Observer
Justicia Shipena The High Court has placed Linden Beef Close Corporation under final liquidation after the company failed to appear in court during a winding-up hearing held in Windhoek yesterday. High Court judge Beatrix de Jager issued the order. “The respondent is placed under a final order of winding-up,” De Jager ruled. Linden Beef had…