Debt advice provider PayPlan hires PR firm – PR Week UK
Debt advice provider PayPlan hires PR firm PR Week UK Read the original article here
Section 31 IBC: Approved Resolution Plan Extinguishes Pending And Undecided Claims, Says Supreme Court
The Supreme Court has reiterated that once a resolution plan is approved under Section 31 of the Insolvency and Bankruptcy Code (IBC), it becomes binding on the corporate debtor, creditors and all other stakeholders. Court held that all claims not specifically provided for in the approved plan stand extinguished, and no fresh or pending legal…
Wales: £1.4m gambling harm grant fund opens for community groups
Support quality, independent, local journalism…that mattersFrom just £1 a month you can help fund our work – and use our website without adverts. Become a member today A £1.4m fund has been launched to support community-led schemes Community groups, charities and social enterprises across Wales can apply for grants of up to £75,000 a year…
Polotsk Dairy Plant Declared Bankrupt
The Economic Court of Vitebsk Region declared the Polotsk Dairy Plant bankrupt and decided to initiate its liquidation procedure. Павялічыць Illustrative photo Shortly before this, the production assets of the enterprise were transferred to the management of “Savushkin Produkt” company. It received production buildings, equipment, and the workforce, which are planned to be used for…
Russia’s Only Domestic TV Maker Declared Bankrupt
A Moscow court has declared Russia’s only domestic television manufacturer bankrupt, the newspaper Kommersant reported Monday, citing court records. Consumer electronics retailer DNS filed a bankruptcy petition against the manufacturer, Kvant, last June over an unpaid debt of more than 654 million rubles ($8 million). DNS owns the in-house TV and electronics brand Irbis, which Kvant stopped…
Seafarms Group still waiting on judgement for fate of AUD 1.4 million, considering asset sales – SeafoodSource
Seafarms Group still waiting on judgement for fate of AUD 1.4 million, considering asset sales SeafoodSource Read the original article here
Student loan settlement erases debt for 170K borrowers
A 2026 update to the $23 billion borrower defense class action case, Sweet v. McMahon, allows an additional 170,000 student loan borrowers to have their debt forgiven. MarioGuti/Getty Images Roughly seven years after plaintiffs filed a massive class action lawsuit against the U.S. Department of Education (DOE), more than 170,000 additional borrowers will have their…
Russia’s only TV manufacturer declared bankrupt: Irbis plant in Voronezh stopped a year ago
The brand under which TVs were assembled in Voronezh has been officially declared bankrupt. The Moscow Arbitration Court satisfied the claim of OOO “DNS Retail” (a subsidiary of the DNS group) to declare OOO “Kvant” bankrupt – the legal entity specializing in assembling the only domestic TVs under the Irbis brand. Mikhail Etonov’s Kvant group…
Ski Yodl Ltd enters liquidation with all holidays cancelled
Ski Yodl Ltd, which traded as Yodl, specialised in ski trips to the French Alps and has now entered voluntary liquidation, leading to the cancellation of all booked package holidays. The company described itself as “a collective of ski industry professionals driven to create a customer-centric booking experience with skiing at its core.” It aimed…
Gourmet burger chain in liquidation owes $2.7m as search for buyer continues – Stuff
Gourmet burger chain in liquidation owes $2.7m as search for buyer continues Stuff Read the original article here