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The news: Childcare centre Edge Early Learning, which leases 31 properties from Arena REIT, entered voluntary administration on Wednesday following missed rental payments in August. The context: This follows a request from Edge in late July for a rent deferral or abatement while it underwent a corporate restructuring. Arena subsequently dispatched rent default notices in…
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Penn’s School of Nursing has joined a national network that connects students with leading health systems and offers a path into high-demand jobs with less debt. The school is among roughly 50 participating in similar agreements with Scholars Network, a national organization that pledges to reduce staffing shortages and student debt. The partnership comes as…
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Gruber Polstermöbel enters provisional insolvency in Germany Fordaq Read the original article here
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Home buyers have been left in uncertainty after a debt-laden residential developer called in external administrators to keep the firm afloat. Bathla Group cited a “perfect storm” including a property market downturn and rising construction costs in announcing on Tuesday it had called in insolvency specialists Teneo to restructure the business. Related Article Block Placeholder…
REVEALED: Liquidator appointments for businesses in the Brisbane council area for August 26 The Courier Mail Read the original article here
A major childcare provider operating 70 centres across Australia has entered voluntary administration, sparking uncertainty for thousands of families. Edge Early Learning announced on Wednesday it had appointed KordaMentha as voluntary administrators as the company assesses its financial position. The childcare provider operates centres across Queensland, South Australia and the ACT. Know the news with…