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Unsecured creditors of the Bluesfest music festival, owed more than $7 million, can expect a dividend of less than 11¢ in the dollar as a liquidator probes unusual transactions among a web of companies controlled by its founder. Peter Noble, the owner of Bluesfest, one of Australia’s largest music festivals, announced the festival’s cancellation three…
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…
The country’s highest civil court has tightened successor liability for former GmbH managing directors in a way that reaches beyond their tenure. In a judgment issued July 23, 2024 (case number II ZR 206/22), the Bundesgerichtshof ruled that ex-managing directors can still be held personally liable for damages incurred by new creditors if the company’s…
Navigating business debt & insolvency echo.net.au Read the original article here
End the Global Debt Trap: Freedom from Debt Now AIDS Healthcare Foundation Read the original article here
State representatives spearhead plan to relieve medical debt burden for Michigan families Bohnak, Frisbie and Schmalz introduce solution to tackle medical debt crisis State Reps. Karl Bohnak, Steve Frisbie and Kathy Schmaltz today introduced a comprehensive plan to help Michigan families struggling under the growing weight of medical debt, ensuring greater transparency, fairness and protection…