Rocket Software Named as a Challenger in the 2026 Gartner®

Debt Help

Technical debt costs enterprises an estimated $1.52 trillion annually in lost productivity and increased operational risk  Rocket’s technical debt management solutions span six products covering architecture, code, runtime, observability, and security layers  Rocket Software enables safe, incremental modernization in place and in hybrid cloud environments, helping enterprises reduce risk, maintain uptime, and manage growing complexity in mission-critical environments  WALTHAM, Mass., June 02, 2026 (GLOBE NEWSWIRE) —…

Senegal’s Cabinet Reshuffle Deepens Political Rift as Debt Crisis Looms Over IMF Talks

Debt Help

184 Senegal’s President Bassirou Diomaye Faye has unveiled a new 30-member cabinet that excludes representatives of the ruling PASTEF party, marking a significant escalation in the political rupture between the president and former Prime Minister Ousmane Sonko at a time when the country is seeking to restore fiscal credibility and revive negotiations with the International…

Undisclosed Related Party MoU Cannot Justify Continued Occupation of Corporate Debtor’s Hotel Property During CIRP: NCLAT [Read Order]

Bankruptcy

The National Company Law Appellate Tribunal (NCLAT), New Delhi, has upheld the eviction of the promoter family from a five-star hotel owned by the corporate debtor and held that an undisclosed related-party Memorandum of Understanding (MoU) and an arbitral award could not justify continued occupation of the company’s property during the Corporate Insolvency Resolution Process…

XL Express: Aussie trucking company plunges into liquidation, leaving 200 without jobs

Liquidation

A national trucking company has been plunged into liquidation after 35 years in business, leaving about 200 employees without jobs. XL Express went into voluntary administration in June with administrators FTI Consulting appointed to review the company’s finances and assess its viability. The Queensland-based company was founded in 1990 and expanded with depot and facility…