Alberta has seen an 18.5% spike in personal insolvency over this last year. Thats according to Zaki Alam, a Senior VP with MNP Limited, where he specializes in consumer and corporate insolvency. Alam says a series of lay-offs in the oil-patch is much to blame, but the downturn in the price of oil has had…
By Jeff Sistrunk Law360, Los Angeles (March 8, 2016, 7:48 PM ET) — The Florida Supreme Court will hear arguments Thursday on whether a newer, more restrictive definition of “covered claim” applies to sinkhole losses if an insurer issued a policy before the definition went into effect but was later declared insolvent, and its answer…
The small French town of Château-Chinon, located in the rolling hills of the Nièvre district, was once best known for its medieval ruins and its former mayor, François Mitterrand, who went on to become Frances longest-serving president after his election in 1981. But this town of 2,100 residents has attracted a different sort of attention…
Like several Canadian law firms, Stikeman Elliott LLP holds a variety of seminars on mining law during the PDAC convention. The current state of mining industry is perhaps best summed up with the choice of topic that kicked off Stikemans set of rapid-fire presentations on Monday morning: insolvency and restructuring. This obviously isnt the happiest…
New Delhi, Mar 8: Former director of Kingfisher Airlines, Vijay Mallya was slammed by his erstwhile female employees who are still awaiting their salaries. In a hard-hitting letter written by the aggrieved women, they lashed out at Mallya for holding back their salaries and accused him of being exploitative to the core. Mallya held up…
To the Editor: March is National Gambling Awareness Month, and I would like to encourage anyone who gambles to keep track of their wins and losses. If the losses add up to gambling debt, its time to seek professional help. Common signs of a problem gambler often include lying to your partner about where youve…
I’ve noticed within the comments section of my recent articles on Legacy Reserves (NASDAQ:LGCY) and Memorial Production Partners (NASDAQ:MEMP) that many readers are concerned with the potential tax ramifications of all the “creative measures” upstream master limited partnerships (“MLPs”) are implementing to try to remain solvent through the downturn in commodity prices. Latham & Watkins,…
Louis Kidd created cold-calling tech that made 330,000 nuisance phone calls a day. He calls himself “moosey_man” on dating websites and describes himself as a “hopeless romantic”, who enjoys playing the guitar and the occasional game of tennis. Louis Kidd, a 27-year-old who still lives at home with his mother, may seem harmless enough. But Kidd…
The small French town of Château-Chinon, located in the rolling hills of the Nièvre district, was once best known for its medieval ruins and its former mayor, François Mitterrand, who went on to become France’s longest-serving president after his election in 1981. But this town of 2,100 residents has attracted a different sort of attention…
Louis Kidd created cold-calling tech that made 330,000 nuisance phone calls a day. He calls himself “moosey_man” on dating websites and describes himself as a “hopeless romantic”, who enjoys playing the guitar and the occasional game of tennis. Louis Kidd, a 27-year-old who still lives at home with his mother, may seem harmless enough. But Kidd…