Bankrupt Hertz gets approval to sell up to $1 billion in stock but experts expect equity to be wiped out – MarketWatch

The market dislocation wrought by the coronavirus pandemic has a poster child in Hertz Global Holdings Inc. A bankruptcy court late Friday approved Hertzs HTZ, +37.37% request to sell up to $1 billion in stock. The car-rental company appears to be seizing on a wave of intense, speculative interest in its shares since it declared…

Charleston zoning board recommends approval of cannabis business regulations – Journal Gazette and Times-Courier

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Spain’s response to Covid-19: emergency measures; gradual relaxation – International Financial Law Review

Ura Menndez lawyers review the extraordinary measures taken by the Spanish government to protect businesses and citizens 1MIN READ: As many other countries, Spain has adopted a number of emergency measures to cope with the Covid-19 outbreak, with the main purpose of protecting public health, on the one hand, and mitigate the damages on the…

Businesses Facing Financial Difficulties Can Contact The OSI – Government of Jamaica, Jamaica Information Service

The Office of the Supervisor of Insolvency (OSI) and Office of the Government Trustee (OGT) are encouraging persons who have been facing financial obstacles as a result of the COVID-19 pandemic to engage the organisations for assistance. Speaking with JIS News, Deputy Supervisor of Insolvency, Fayola Evans-Roberts, said the organisations offer services that can assist…

Bluberi: Key Canadian Insolvency Ruling Affirms Litigation Funding as a Tool for Insolvent Debtors and Supports Judicial Discretion in CCAA Proceedings – ICLG.com

This significant recent decision of the Supreme Court of Canada confirms (i) that a CCAA supervising judg… This significant recent decision of the Supreme Court of Canada confirms (i) that a CCAA supervising judge enjoys broad discretion and the necessary jurisdiction to prevent a creditor from voting on a plan of arrangement when the creditor…