Lucid Calls Bankruptcy Report ‘Completely False,’ Confirms Work with AlixPartners
Lucid Calls Bankruptcy Report ‘Completely False,’ Confirms Work with AlixPartners Skip to content …
Students out of pocket as travel company enters liquidation
Global Vision International (GVI), based in Exeter, offered charitable travel programmes across the globe for 28 years, providing placements in conservation, education, and community development in countries such as Costa Rica and Fiji. The company announced its closure at the start of July, leaving customers unable to travel. Many of those affected are gap year…
Fraud Allegations and FIRs Render SBI‑Linked Loan Documents Invalid: NCLAT Dismisses Insolvency Plea [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has upheld the dismissal of a Section 7 insolvency petition filed by the appellant. The Tribunal found that the loan and guarantee documents linked to an SBI account were riddled with discrepancies, alleged fabrications, and subject to multiple FIRs and civil suits. The appeal…
Students out of pocket as travel company enters liquidation
Global Vision International (GVI), based in Exeter, offered charitable travel programmes across the globe for 28 years, providing placements in conservation, education, and community development in countries such as Costa Rica and Fiji. The company announced its closure at the start of July, leaving customers unable to travel. Many of those affected are gap year…
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About Wordfence Wordfence is a security plugin installed on over 5 million WordPress sites. The owner of this site is using Wordfence to manage access to their site. You can also read the documentation to learn about Wordfence’s blocking tools, or visit wordfence.com to learn more about Wordfence. Read the original article here
Oracle Insolvency Announces New Insights into SME Financial Distress Across Australia
Oracle Insolvency has released new insights into financial distress trends affecting Australian SMEs, highlighting sector-specific pressures, increasing restructuring activity, and changing insolvency patterns as businesses navigate ongoing economic and operational challenges. Australia, July 6, 2026 — Oracle Insolvency has released new analysis examining financial distress trends among small and medium-sized enterprises (SMEs) across Australia, identifying…
Citic Lines Up Leadership Changes at Bank, Bad-Debt Management Arm
China’s state-owned financial conglomerate Citic Group is reshuffling the top leadership across its flagship commercial bank and its distressed asset management arm. The overhaul includes a newly formalized president for China Citic Bank Corp. Ltd., the impending promotion of a veteran banking executive, and a change of guard at Citic Financial Asset Management Co. Ltd.…
NCLT Clears Record 78 Insolvency Resolution Plans Worth Rs 5,517.66 Cr In Q1 FY27 – BW Businessworld
NCLT Clears Record 78 Insolvency Resolution Plans Worth Rs 5,517.66 Cr In Q1 FY27 BW Businessworld Read the original article here
Pakistan Debt Repayments Top Rs4.7tr After PIB Buyback
Latest Rs279bn bond buyback lifts cumulative pre-maturity debt retirement to Rs4.722tr as government seeks to cut refinancing risks and improve fiscal sustainability. Pakistan has crossed Rs4.7 trillion in early public debt repayments after completing another buyback of Pakistan Investment Bonds (PIBs) worth Rs279 billion, as the government accelerates efforts to reshape its debt profile and…
Tampa Democratic Socialists help erase $2 million in medical debt for Hillsborough residents
Tampa Democratic Socialists Credit: Tampa Democratic Socialists/Facebook The Tampa chapter of the Democratic Socialists of America (DSA) surpassed its annual goal of cancelling millions of dollars in medical debt for Hillsborough County residents. The local political action group Tampa and non-profit medical debt cancellation company Undue Medical Debt started the campaign together on January 24…