SAN JUAN, Puerto Rico (AP) U.S. President Donald Trump said on Thursday that he is opposed to a push to help Puerto Rico resolve its $70 billion debt load as the U.S. territory faces looming austerity measures amid a deep economic crisis. Trump issued a Twitter blast aimed at efforts to help the island cover…
The Turnbull government will help fund inland rail and is almost certain to build, own and operate the $6 billion second Sydney airport, after Treasurer Scott Morrison paved the way for an infrastructure splurge by changing the way debt will be classified in the budget. Prime Minister Malcolm Turnbull all but confirmed that so-called good…
I dont know much about money, except for the fact that I like it, I have a little bit of it, and would like to have more of it. Ahead of the May budget, I consulted the world wide web to find out what this whole good debt, bad debt business is that Scott Morrisons…
The number of corporate insolvencies in Scotland has fallen in the latest financial year, but total personal cases experienced double-digit growth. Data from Accountant in Bankruptcy, an executive agency of the Scottish Government, revealed a 7 per cent year-on-year drop in corporate insolvencies in 2016-17 to reach 840. READ MORE: Scots pubs and eateries at…
Wednesday, April 26, 2017 08.34PM / Anthony I Idigbe, Punuka Attorneys & Solicitors, November 15 2013 World Bank reports on the observance of standards and codes principles and guidelines for effective insolvency and creditor rights systems, published in October 2007, identified the following weaknesses in Nigerian insolvency law: · a lack of efficient means by…
The number of individuals applying for insolvency jumped to the highest level in almost three years in the first three months of 2017, in a further sign of the mounting financial pressure facing UK households. Personal insolvencies in England and Wales totalled 24,531 between January and March, up 6.7% on the previous quarter and 15.7%…
11:48 28/04/2017 MOSCOW, April 28 (RAPSI) The Moscow Commercial Court has granted a claim filed by VTB24 bank seeking bankruptcy of Lazar Markus, the husband of former Vneshprombank president Larisa Markus who stands charged with embezzlement, RAPSI learnt in the court on Friday. Lazar Markus has earlier become a guarantee under a facility agreement between…
Published April 28 at 3:58 pm A woman passes by the National Bank of Ukraine on Dec. 7. Photo by Volodymyr Petrov Popular on social media The National Bank of Ukraine on April 27 decided to revoke the banking license and liquidate PJSC Finbank at the suggestion of the Individuals Deposit Guarantee Fund, the regulator…
In Q4 2016 1,796 PSCs entered CVL following changes to claimable expense rules with a total of 16,502 companies entering insolvency in 2016. The total number of company insolvencies has decreased by 26.1% with 3,967 companies entering insolvency in Q1 2017 compared to 5,564 in Q4 2016. These 3,967 companies were made up of 2,693…
11:48 28/04/2017 MOSCOW, April 28 (RAPSI) The Moscow Commercial Court has granted a claim filed by VTB24 bank seeking bankruptcy of Lazar Markus, the husband of former Vneshprombank president Larisa Markus who stands charged with embezzlement, RAPSI learnt in the court on Friday. Lazar Markus has earlier become a guarantee under a facility agreement between…