Guvera music streaming service escapes insolvency – The Sydney Morning Herald

Troubled Australian music streaming service Guvera has escaped an attempt to have its business sent to the liquidators. An investor had been seeking an order to wind up the Gold Coast company, claiming a debt of almost $1.8 million. Guvera was shaping as Australia’s biggest challenger to streaming giants Spotify and Apple.  Kwong Properties took the business, which was…

Romanian insolvency specialist, railway tycoon buy stake in drug producer – Romania-Insider.com

Remus Borza, who now holds an MP office but is more known as the owner of Euro Insol, the former judicial administrator of state-owned power producer Hidroelectrica, together with other well-known local investors became shareholders in the drug factory Polisano Pharmaceuticals, reports Profit.ro. The factory is part of the Polisano group, developed by the Romanian…

Former Scotland goalkeeper Rab Douglas made bankrupt with debts of more than £210k after failing to settle bills – The Scottish Sun

BANKRUPTCY BOMBSHELL The footballer – who played for Celtic and Dundee and was capped 19 times for his country – has been declared insolvent FORMER Scotland goalkeeper Rab Douglas has been made bankrupt with debts of more than £210,000. The footballer who played for Celtic and Dundee and was capped 19 times for his country…

14 financial institutions in Singapore to participate in debt … – THE BUSINESS TIMES

FOURTEEN financial institutions in Singapore will participate in a debt consolidation plan this month, said the Association of Banks in Singapore (ABS) on Tuesday. The debt consolidation plan will allow eligible customers to consolidate their existing unsecured credit balances across financial institutions with just one participating financial institution. Such debt will include credit card debt,…